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: Bitget against MEXC−0.011%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$910.905% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.011%, 7d avg +0.031%

Together, before fees−0.014%−$1 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 0.042% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZAMA_USDT	0.09347	0.0100	pay 0.0050% / 4h	15m 51s	$2.7M	$4.0M	50x
Short	Bitget ZAMAUSDT	0.09346	0.0100	get 0.0050% / 4h	15m 51s	$4.8M	$10.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → +0.031%: −$4.19
Slippage, 4 orders: −$70.51
Fee MEXC: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$94.7
Costs to cover: 0.905%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: 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 MEXC live order book, 1 min ago	3.75 bp	10.7 bp −$11	28.1 bp −$281	331.3 bp −$33.1K	doesn't fit
Sell Bitget live order book, 3 min ago	3.73 bp	38.1 bp −$38	doesn't fit	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	0.09340	−0.075%	$309K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09346	−0.011%	$18.4M	$112.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09348	+0.011%	$8.1M	$22.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09347	0.000%	$5.4M	$79.2M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09345	−0.021%	$961K	$5.6M	50x	as long as short
MEXC ZAMA_USDTlong	+0.0100%	4h	0.09347	long leg	$2.7M	$4.0M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09342	−0.053%	$868K	$1.1M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09346	−0.011%	$4.8M	$10.9M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09348	+0.011%	—	$2.3M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09355	+0.086%	$1.1M	$580K	—	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	0.09354	+0.075%	—	$733K	20x	as long as short
edgeX ZAMAUSDC	+0.0116%	4h	0.09378	+0.334%	$6K	$456K	10x	as long as short
BloFin ZAMA-USDT	+0.0135%	4h	0.09382	+0.374%	$819K	$485K	50x	as long as short