Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against MEXC+0.062%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$600.595% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.062%, 7d avg +0.032%

Together, before fees+0.001%$0 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: Bitget is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZAMA_USDT	0.09746	0.0100	pay 0.0050% / 4h	3h 58m	$2.7M	$4.3M	50x
Short	Bitget ZAMAUSDT	0.09752	0.0100	get 0.0050% / 4h	3h 58m	$5.0M	$14.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → +0.032%: $2.91
Slippage, 4 orders: −$39.51
Fee MEXC: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.61
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 5 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 MEXC live order book, 4 min ago	0.52 bp	7.9 bp −$8	26.9 bp −$269	412.2 bp −$41.2K	doesn't fit
Sell Bitget live order book, 5 min ago	4.62 bp	19.6 bp −$20	63.1 bp −$631	doesn't fit	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
Aster ZAMAUSDT	−0.0082%	4h	0.09717	−0.292%	$418K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	+0.0073%	4h	0.09733	−0.133%	$853K	$545K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09744	−0.023%	$19.4M	$130.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09752	+0.062%	$8.3M	$25.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09749	+0.031%	$5.6M	$95.9M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09733	−0.133%	$988K	$6.1M	50x	as long as short
MEXC ZAMA_USDTlong	+0.0100%	4h	0.09746	long leg	$2.7M	$4.3M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09737	−0.092%	$862K	$1.4M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09752	+0.062%	$5.0M	$14.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09751	+0.051%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09744	−0.023%	$1.1M	$598K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09723	−0.236%	—	$739K	20x	as long as short
edgeX ZAMAUSDC	+0.0113%	4h	0.09730	−0.167%	$5K	$455K	10x	as long as short