Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit+0.033%7-day average −0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1271.268% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days−0.155%−$16 · spread now +0.033%, 7d avg −0.091%

Together, before fees−0.148%−$15 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 0.124% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZAMAUSDT	0.09048	0.0100	pay 0.0050% / 4h	2h 45m	$7.7M	$26.5M	25x
Short	Bitget ZAMAUSDT	0.09051	0.0100	get 0.0050% / 4h	2h 45m	$4.8M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → −0.091%: $12.41
Slippage, 4 orders: −$103.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$114.41
Costs to cover: 1.268%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago	1.11 bp	33.6 bp −$34	90.0 bp −$900	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	6.08 bp	23.4 bp −$23	67.6 bp −$676	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	−0.1160%	4h	0.09038	−0.111%	$865K	$7.4M	50x	as long as short
Aster ZAMAUSDT	−0.0691%	4h	0.09053	+0.055%	$222K	$1.9M	20x	as long as short
Binance ZAMAUSDT	−0.0038%	4h	0.09042	−0.066%	$17.5M	$139.9M	50x	as long as short
MEXC ZAMA_USDT	−0.0038%	4h	0.09039	−0.099%	$2.5M	$4.7M	50x	as long as short
edgeX ZAMAUSDC	−0.0024%	4h	0.09026	−0.241%	$5K	$444K	10x	as long as short
BloFin ZAMA-USDT	+0.0019%	4h	0.09073	+0.276%	$778K	$567K	50x	as long as short
Bybit ZAMAUSDTlong	+0.0100%	4h	0.09048	long leg	$7.7M	$26.5M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09041	−0.077%	$5.1M	$94.6M	20x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09048	0.000%	$786K	$1.7M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09051	+0.033%	$4.8M	$14.8M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.09041	−0.077%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09027	−0.237%	$954K	$426K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09073	+0.276%	—	$688K	20x	as long as short