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 0.000%

Price spread now: Variational Omni against KuCoin−0.283%7-day average +0.257% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.518%+$52 · spread now −0.283%, 7d avg +0.257%

Together, before fees+0.521%+ Points / potential airdropVariational Omni: Active · farm board+$52 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: Variational Omni is 0.540% cheaper against KuCoin than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of +0.257%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZAMAUSDTM	0.09773	0.0100	pay 0.0050% / 4h	13m 48s	$866K	$1.4M	50x
Short	Variational Omni ZAMA	0.09745	0.0100	get 0.0050% / 4h	13m 48s	$1.1M	$600K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.283%Rate

Funding earned: $0
Price spread: −0.283% → +0.257%: −$54.01
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$66.01
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: RFQ quote, just now. 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 KuCoin live order book, 2 min ago	8.17 bp	55.3 bp −$55	175.9 bp −$1,759	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	4.09 bp	doesn't fit	209.8 bp −$2,098	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	−0.0051%	4h	0.09769	−0.038%	$420K	$2.0M	20x	as long as short
Gate ZAMA_USDT	+0.0090%	4h	0.09777	+0.041%	$989K	$6.9M	50x	as long as short
BloFin ZAMA-USDT	+0.0093%	4h	0.09785	+0.123%	$867K	$571K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09786	+0.131%	$19.5M	$132.2M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09788	+0.153%	$8.4M	$25.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09788	+0.153%	$5.7M	$97.2M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09785	+0.123%	$2.7M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09773	long leg	$866K	$1.4M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09789	+0.164%	$5.1M	$14.4M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09787	+0.143%	—	$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 ZAMAshort	+0.0100%	4h	0.09745	−0.283%	$1.1M	$600K	—
SunX ZAMA-USDT	+0.0100%	4h	0.09774	+0.010%	—	$744K	20x	as long as short
edgeX ZAMAUSDC	+0.0116%	4h	0.09766	−0.077%	$5K	$455K	10x	as long as short