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 0.000%

Price spread now: KuCoin against Bitget−0.071%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$169as in the Price arb table

costs, in and out, $10k−$1581.579% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days+0.096%+$10 · spread now −0.071%, 7d avg +0.038%

Together, before fees+0.086%+$9 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 0.109% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09890	0.0100	pay 0.0050% / 4h	2h 01m	$5.1M	$12.3M	20x
Short	KuCoin ZAMAUSDTM	0.09883	0.0100	get 0.0050% / 4h	2h 01m	$908K	$1.2M	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 −0.071%Rate

Funding earned: $0
Price spread: −0.071% → +0.038%: −$10.92
Slippage, 4 orders: −$133.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$168.81
Costs to cover: 1.579%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 3 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	6.08 bp	20.8 bp −$21	65.4 bp −$654	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	9.14 bp	52.3 bp −$52	161.8 bp −$1,618	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
Aster ZAMAUSDT	+0.0100%	4h	0.09878	−0.125%	$331K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09886	−0.044%	$19.7M	$120.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09889	−0.010%	$8.7M	$23.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09885	−0.051%	$5.7M	$89.8M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09883	−0.071%	$1.0M	$6.0M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09885	−0.051%	$2.9M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09883	−0.071%	$908K	$1.2M	50x
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09890	long leg	$5.1M	$12.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09887	−0.030%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09871	−0.194%	$1.1M	$579K	—	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	0.09885	−0.051%	—	$732K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09863	−0.278%	$6K	$456K	10x	as long as short
BloFin ZAMA-USDT	+0.0114%	4h	0.09890	0.000%	$842K	$516K	50x	as long as short