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: Bitget against KuCoin+0.020%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

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

Long on KuCoin Short on Bitget

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−0.046%−$5 · spread now +0.020%, 7d avg −0.038%

Together, before fees−0.035%−$4 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: Bitget is 0.059% dearer against KuCoin than usual: you sell high and buy low, +$6 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	KuCoin ZAMAUSDTM	0.09883	0.0100	pay 0.0050% / 4h	2h 02m	$908K	$1.2M	50x
Short	Bitget ZAMAUSDT	0.09885	0.0100	get 0.0050% / 4h	2h 02m	$5.1M	$12.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → −0.038%: $5.86
Slippage, 4 orders: −$133.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$152.03
Costs to cover: 1.579%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 2 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 KuCoin live order book, 3 min ago	9.14 bp	62.9 bp −$63	181.9 bp −$1,819	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.08 bp	21.9 bp −$22	58.9 bp −$589	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	0.09876	−0.072%	$332K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09883	+0.004%	$19.7M	$120.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09890	+0.071%	$8.7M	$23.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09880	−0.030%	$5.7M	$89.8M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09884	+0.010%	$1.0M	$6.0M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09885	+0.020%	$2.9M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09883	long leg	$908K	$1.2M	50x
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09885	+0.020%	$5.1M	$12.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09883	0.000%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09871	−0.124%	$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	+0.020%	—	$732K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09863	−0.207%	$6K	$456K	10x	as long as short
BloFin ZAMA-USDT	+0.0114%	4h	0.09890	+0.071%	$842K	$516K	50x	as long as short