Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against KuCoin+0.040%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1361.361% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.090%−$9 · spread now +0.040%, 7d avg −0.073%

Together, before fees−0.087%−$9 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: MEXC is 0.112% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZAMAUSDTM	0.1009	0.0100	pay 0.0050% / 4h	1h 04m	$923K	$1.4M	50x
Short	MEXC ZAMA_USDT	0.1010	0.0100	get 0.0050% / 4h	1h 04m	$2.9M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → −0.073%: $11.23
Slippage, 4 orders: −$116.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$124.85
Costs to cover: 1.361%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 3 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 KuCoin live order book, 11 min ago	7.78 bp	63.7 bp −$64	188.4 bp −$1,884	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.48 bp	9.2 bp −$9	32.9 bp −$329	337.9 bp −$33.8K	doesn't fit

ZAMA on 13 venues

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	+0.0026%	4h	0.1009	0.000%	$1.0M	$7.1M	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.1010	+0.059%	$328K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.1009	+0.014%	$20.3M	$133.3M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.1010	+0.119%	$8.7M	$25.6M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.1010	+0.050%	$6.0M	$101.4M	20x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.1010	+0.040%	$2.9M	$4.6M	50x
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.1009	long leg	$923K	$1.4M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.1010	+0.089%	$5.2M	$14.5M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.1010	+0.069%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.1012	+0.278%	$1.2M	$598K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.1008	−0.089%	—	$732K	20x	as long as short
edgeX ZAMAUSDC	+0.0101%	4h	0.1011	+0.139%	$5K	$451K	10x	as long as short
BloFin ZAMA-USDT	+0.0123%	4h	0.1009	−0.040%	$897K	$611K	50x	as long as short