Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against KuCoin+0.064%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1241.240% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.064%, 7d avg −0.071%

Together, before fees−0.124%−$12 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 0.135% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZAMAUSDTM	0.09324	0.0100	pay 0.0050% / 4h	2h 09m	$897K	$1.1M	50x
Short	MEXC ZAMA_USDT	0.09330	0.0100	get 0.0050% / 4h	2h 09m	$3.0M	$3.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → −0.071%: $13.52
Slippage, 4 orders: −$104.03
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$110.51
Costs to cover: 1.240%
Break-even: never at this rate

Slippage from KuCoin: 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 KuCoin live order book, 3 min ago	6.98 bp	51.6 bp −$52	172.9 bp −$1,729	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.54 bp	8.2 bp −$8	18.4 bp −$184	357.5 bp −$35.7K	doesn't fit

ZAMA on 14 exchanges

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	−0.0084%	4h	0.09323	−0.011%	$1.0M	$5.3M	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09323	−0.011%	$308K	$1.6M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09334	+0.107%	$18.7M	$100.1M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09330	+0.064%	$8.4M	$20.0M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09351	+0.290%	$5.3M	$72.1M	20x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.09330	+0.064%	$3.0M	$3.8M	50x
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09324	long leg	$897K	$1.1M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09334	+0.107%	$4.9M	$10.0M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09332	+0.086%	—	$2.2M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09331	+0.079%	$1.1M	$644K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09605	+3.014%	—	$730K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09321	−0.032%	$41K	$127K	20x	as long as short
edgeX ZAMAUSDC	+0.0114%	4h	0.09330	+0.063%	$6K	$452K	10x	as long as short
BloFin ZAMA-USDT	+0.0128%	4h	0.09324	0.000%	$824K	$456K	50x	as long as short