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: BingX against MEXC+0.094%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.032%−$3 · spread now +0.094%, 7d avg +0.024%

Together, before fees+0.036%+$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: BingX is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZAMA_USDT	0.09561	0.0100	pay 0.0050% / 4h	1h 26m	$2.9M	$4.2M	50x
Short	BingX ZAMA-USDT	0.09570	0.0100	get 0.0050% / 4h	1h 26m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → +0.024%: $6.97
Slippage, 4 orders: −$34.3
Fee MEXC: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$45.33
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; BingX: 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 MEXC live order book, 6 min ago	2.62 bp	9.2 bp −$9	21.3 bp −$213	410.8 bp −$41.1K	doesn't fit
Sell BingX live order book, 2 min ago	2.09 bp	19.6 bp −$20	60.5 bp −$605	230.5 bp −$23.1K	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	0.09565	+0.045%	$318K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09568	+0.071%	$19.0M	$115.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09568	+0.073%	$8.3M	$22.6M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09573	+0.126%	$5.5M	$84.0M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09559	−0.021%	$978K	$5.6M	50x	as long as short
MEXC ZAMA_USDTlong	+0.0100%	4h	0.09561	long leg	$2.9M	$4.2M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09562	+0.010%	$866K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09574	+0.136%	$4.9M	$11.6M	20x	as long as short
BingX ZAMA-USDTshort	+0.0100%	4h	0.09570	+0.094%	—	$2.4M	—
Variational Omni ZAMA	+0.0100%	4h	0.09556	−0.054%	$1.1M	$577K	—	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	0.09564	+0.031%	—	$728K	20x	as long as short
edgeX ZAMAUSDC	+0.0102%	4h	0.09554	−0.073%	$5K	$454K	10x	as long as short
BloFin ZAMA-USDT	+0.0145%	4h	0.09569	+0.084%	$841K	$508K	50x	as long as short