Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against MEXC+0.033%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 7 days+0.075%+$7 · spread now +0.033%, 7d avg +0.122%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.122%). If the spread goes back, that is −$9 on $10k: about 2.5 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.027% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZAMA_USDT0.09002−0.0018get 0.0009% / 4h2h 26m$2.5M$4.7M50x
ShortBybit ZAMAUSDT0.090050.0100get 0.0050% / 4h2h 26m$7.6M$26.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$24.78
Price spread: +0.033% → +0.122%
−$8.85
Slippage, 4 orders
−$81.59
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$84.66
Costs to cover
1.006%
Break-even
30.9 days
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.56 bp7.3 bp −$717.8 bp −$178404.7 bp −$40.5Kdoesn't fit
Sell Bybit live order book, 2 min ago0.56 bp43.3 bp −$4395.8 bp −$958doesn't fitdoesn't fit

ZAMA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZAMA_USDT−0.0974%4h0.09000−0.022%$859K$7.4M50xas long as short
Aster ZAMAUSDT−0.0682%4h0.09010+0.091%$217K$1.9M20xas long as short
BloFin ZAMA-USDT−0.0053%4h0.09003+0.011%$774K$562K50xas long as short
Binance ZAMAUSDT−0.0020%4h0.09000−0.022%$17.4M$139.5M50xas long as short
MEXC ZAMA_USDTlong−0.0018%4h0.09002long leg$2.5M$4.7M50x
edgeX ZAMAUSDC−0.0016%4h0.09022+0.220%$5K$445K10xas long as short
KuCoin ZAMAUSDTM+0.0056%4h0.09001−0.011%$782K$1.7M50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09005+0.033%$7.6M$26.5M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09001−0.011%$5.1M$94.2M20xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09009+0.078%$4.7M$14.7M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDT+0.0100%4h0.090020.000%$2.5Mas long as short
Variational Omni ZAMA+0.0100%4h0.09033+0.345%$956K$424Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09014+0.133%$689K20xas long as short