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: MEXC against SunX−0.011%7-day average −0.037% · you buy dearer than you sell

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−0.038%−$4 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.011%, 7d avg −0.037%

Together, before fees−0.178%−$18 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 0.026% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09409	0.0100	pay 0.0050% / 4h	5m 16s	—	$733K	20x
Short	MEXC ZAMA_USDT	0.09408	0.0100	get 0.0050% / 4h	5m 16s	$2.8M	$4.1M	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 −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.037%: $2.59
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$13.41
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 46 min ago; MEXC: live order book, 2 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, 46 min ago	500.61 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.59 bp	9.0 bp −$9	22.7 bp −$227	411.4 bp −$41.1K	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
Aster ZAMAUSDT	+0.0100%	4h	0.09411	+0.021%	$312K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09411	+0.016%	$18.5M	$111.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09413	+0.043%	$8.2M	$22.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09415	+0.064%	$5.4M	$79.5M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09409	0.000%	$970K	$5.7M	50x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.09408	−0.011%	$2.8M	$4.1M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09411	+0.021%	$875K	$1.1M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09419	+0.106%	$4.9M	$10.9M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09412	+0.032%	—	$2.3M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09392	−0.184%	$1.1M	$580K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDTlong	+0.0100%	4h	0.09409	long leg	—	$733K	20x
edgeX ZAMAUSDC	+0.0110%	4h	0.09414	+0.054%	$6K	$454K	10x	as long as short
BloFin ZAMA-USDT	+0.0157%	4h	0.09404	−0.053%	$815K	$486K	50x	as long as short