Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Bitget+0.011%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1511.506% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.011%, 7d avg +0.049%

Together, before fees+0.052%+$5 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 +0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09453	0.0100	pay 0.0050% / 4h	41m 07s	$5.0M	$14.8M	20x
Short	KuCoin ZAMAUSDTM	0.09454	0.0100	get 0.0050% / 4h	41m 07s	$812K	$1.6M	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 +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.049%: −$3.84
Slippage, 4 orders: −$126.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$154.47
Costs to cover: 1.506%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: 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 Bitget live order book, 2 min ago	5.79 bp	22.1 bp −$22	65.6 bp −$656	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	7.95 bp	52.1 bp −$52	167.4 bp −$1,674	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
Gate ZAMA_USDT	−0.0234%	4h	0.09440	−0.138%	$930K	$7.3M	50x	as long as short
Aster ZAMAUSDT	−0.0077%	4h	0.09454	+0.007%	$229K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09448	−0.053%	$18.8M	$138.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09451	−0.021%	$7.8M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09447	−0.063%	$5.5M	$99.3M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09449	−0.042%	$2.8M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09454	+0.011%	$812K	$1.6M	50x
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09453	long leg	$5.0M	$14.8M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09447	−0.063%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09439	−0.145%	$980K	$443K	—	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	0.09454	+0.011%	—	$705K	20x	as long as short
edgeX ZAMAUSDC	+0.0102%	4h	0.09431	−0.235%	$5K	$446K	10x	as long as short
BloFin ZAMA-USDT	+0.0119%	4h	0.09458	+0.053%	$802K	$581K	50x	as long as short