ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against BloFin+0.078%82s7-day average +0.314% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1271.273% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 3 days (all we have)+0.402%+$40 · spread now +0.078%, 7d avg +0.314%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.236% cheaper against BloFin than usual: you would sell low and buy high (spread +0.078% now, against its 7-day average of +0.314%). If the spread goes back, that is −$24 on $10k: about 16 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZAMA-USDT	0.08980	0.0052	pay 0.0026% / 4h	2h 01m	$772K	$561K	50x
Short	Bybit ZAMAUSDT	0.08987	0.0100	get 0.0050% / 4h	2h 01m	$7.5M	$26.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.078%Rate

Funding earned: $10.16
Price spread: +0.078% → +0.314%: −$23.57
Slippage, 4 orders: −$104.27
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$140.68
Costs to cover: 1.273%
Break-even: 104.0 days

Slippage from BloFin: live order book, 20 min ago; Bybit: 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 BloFin live order book, 20 min ago	1.67 bp	17.4 bp −$17	39.9 bp −$399	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.56 bp	44.4 bp −$44	102.5 bp −$1,025	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
Gate ZAMA_USDT	−0.0722%	4h	0.08972	−0.089%	$857K	$7.5M	50x	as long as short
Aster ZAMAUSDT	−0.0594%	4h	0.08980	0.000%	$216K	$1.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0032%	4h	0.08975	−0.056%	$2.5M	$4.7M	50x	as long as short
Binance ZAMAUSDT	+0.0033%	4h	0.08976	−0.045%	$17.4M	$139.3M	50x	as long as short
edgeX ZAMAUSDC	+0.0043%	4h	0.08994	+0.151%	$5K	$444K	10x	as long as short
BloFin ZAMA-USDTlong	+0.0052%	4h	0.08980	long leg	$772K	$561K	50x
KuCoin ZAMAUSDTM	+0.0084%	4h	0.08986	+0.067%	$780K	$1.7M	50x	as long as short
Bybit ZAMAUSDTshort	+0.0100%	4h	0.08987	+0.078%	$7.5M	$26.5M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.08983	+0.033%	$5.2M	$94.0M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.08984	+0.045%	$4.7M	$14.8M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.08982	+0.022%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09009	+0.324%	$953K	$424K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.08986	+0.067%	—	$694K	20x	as long as short