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 SunX+0.813%7-day average −0.040% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 3 days (all we have)−0.951%−$95 · spread now +0.813%, 7d avg −0.040%

Together, before fees−0.999%−$100 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 0.853% dearer against SunX than usual: you sell high and buy low, +$85 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09599	0.0100	pay 0.0050% / 4h	3h 09m	—	$713K	20x
Short	MEXC ZAMA_USDT	0.09677	0.0100	get 0.0050% / 4h	3h 09m	$3.0M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now +0.813%Rate

Funding earned: $0
Price spread: +0.813% → −0.040%: $85.25
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: $69.25
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: SunX: live order book, 42 min ago; MEXC: live order book, 3 min ago. Net counts fees only.

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 SunX live order book, 42 min ago	499.44 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.10 bp	9.6 bp −$10	19.0 bp −$190	351.3 bp −$35.1K	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	−0.0560%	4h	0.09668	+0.719%	$950K	$7.3M	50x	as long as short
BloFin ZAMA-USDT	+0.0083%	4h	0.09596	−0.031%	$838K	$585K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09666	+0.703%	$234K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09675	+0.792%	$19.3M	$135.3M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09677	+0.813%	$8.0M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09673	+0.771%	$5.7M	$99.8M	20x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.09677	+0.813%	$3.0M	$4.5M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09674	+0.781%	$881K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09681	+0.854%	$5.1M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09678	+0.823%	—	$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	0.09594	−0.053%	$1.0M	$466K	—	as long as short
SunX ZAMA-USDTlong	+0.0100%	4h	0.09599	long leg	—	$713K	20x
edgeX ZAMAUSDC	+0.0110%	4h	0.09573	−0.271%	$5K	$445K	10x	as long as short