Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget0.000%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1621.615% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.132%+$13 · spread now 0.000%, 7d avg +0.038%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.038% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09053	0.0100	pay 0.0050% / 4h	1h 30m	$4.7M	$9.1M	20x
Short	KuCoin ZAMAUSDTM	0.09053	0.0100	get 0.0050% / 4h	1h 30m	$878K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.038%: −$3.85
Slippage, 4 orders: −$137.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$165.36
Costs to cover: 1.615%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 17 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	5.52 bp	25.7 bp −$26	69.5 bp −$695	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	6.54 bp	61.0 bp −$61	160.4 bp −$1,604	doesn't fit	doesn't fit

ZAMA on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZAMA_USDT	+0.0094%	4h	0.09047	−0.066%	$981K	$4.9M	50x	as long as short
BloFin ZAMA-USDT	+0.0096%	4h	0.09053	0.000%	$810K	$434K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09037	−0.174%	$298K	$1.5M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09049	−0.043%	$18.2M	$94.5M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09052	−0.011%	$8.2M	$18.7M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09054	+0.011%	$5.1M	$65.5M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09063	+0.110%	$2.9M	$3.4M	50x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09053	0.000%	$878K	$1.0M	50x
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09053	long leg	$4.7M	$9.1M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09050	−0.033%	—	$2.2M	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09067	+0.159%	$1.1M	$639K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09375	+3.557%	—	$718K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09054	+0.011%	$92K	$228K	20x	as long as short
edgeX ZAMAUSDC	+0.0103%	4h	0.09105	+0.574%	$6K	$454K	10x	as long as short