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 −0.071%

Price spread now: Gate against MEXC+0.052%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1091.089% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.177%−$18 on $10k

Price spread, last 7 days−0.125%−$12 · spread now +0.052%, 7d avg −0.003%

Together, before fees−0.302%−$30 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: Gate is 0.054% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZAMA_USDT	0.09661	0.0100	pay 0.0050% / 4h	1h 47m	$2.9M	$4.1M	50x
Short	Gate ZAMA_USDT	0.09666	0.0100	get 0.0050% / 4h	1h 47m	$984K	$5.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.003%: $5.43
Slippage, 4 orders: −$85.93
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$103.49
Costs to cover: 1.089%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: 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 MEXC live order book, 5 min ago	0.52 bp	8.1 bp −$8	30.2 bp −$302	343.7 bp −$34.4K	doesn't fit
Sell Gate live order book, 1 min ago	3.10 bp	49.2 bp −$49	183.2 bp −$1,832	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
BloFin ZAMA-USDT	+0.0048%	4h	0.09662	+0.010%	$862K	$517K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09663	+0.017%	$323K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09664	+0.031%	$19.3M	$118.2M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09668	+0.072%	$8.4M	$23.0M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09661	0.000%	$5.5M	$86.4M	20x	as long as short
Gate ZAMA_USDTshort	+0.0100%	4h	0.09666	+0.052%	$984K	$5.6M	50x
MEXC ZAMA_USDTlong	+0.0100%	4h	0.09661	long leg	$2.9M	$4.1M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09667	+0.062%	$878K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09660	−0.010%	$5.0M	$12.0M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09664	+0.031%	—	$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 ZAMA	+0.0100%	4h	0.09654	−0.073%	$1.1M	$576K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09669	+0.083%	—	$730K	20x	as long as short
edgeX ZAMAUSDC	+0.0110%	4h	0.09690	+0.302%	$6K	$456K	10x	as long as short