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 Bitget+0.059%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Bitget Short on MEXC

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−0.128%−$13 · spread now +0.059%, 7d avg −0.033%

Together, before fees−0.150%−$15 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 0.092% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.1019	0.0100	pay 0.0050% / 4h	1h 30m	$5.4M	$14.4M	20x
Short	MEXC ZAMA_USDT	0.1020	0.0100	get 0.0050% / 4h	1h 30m	$3.0M	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → −0.033%: $9.21
Slippage, 4 orders: −$40.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$51.36
Costs to cover: 0.606%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 1 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, 3 min ago	7.38 bp	30.2 bp −$30	74.4 bp −$744	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.49 bp	7.5 bp −$7	22.1 bp −$221	413.4 bp −$41.3K	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	−0.0114%	4h	0.1019	+0.039%	$1.0M	$7.0M	50x	as long as short
BloFin ZAMA-USDT	+0.0045%	4h	0.1020	+0.088%	$885K	$624K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.1017	−0.193%	$329K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.1019	+0.029%	$20.5M	$132.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.1020	+0.108%	$8.7M	$25.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.1019	−0.020%	$6.0M	$102.3M	20x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.1020	+0.059%	$3.0M	$4.4M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.1019	−0.010%	$899K	$1.4M	50x	as long as short
Bitget ZAMAUSDTlong	+0.0100%	4h	0.1019	long leg	$5.4M	$14.4M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.1020	+0.049%	—	$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	0.1018	−0.094%	$1.2M	$597K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.1017	−0.226%	—	$725K	20x	as long as short
edgeX ZAMAUSDC	+0.0120%	4h	0.1015	−0.433%	$5K	$451K	10x	as long as short