ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Bybit−0.241%7-day average −0.263% · 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−$108as in the Price arb table

costs, in and out, $10k−$1101.104% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.241%, 7d avg −0.263%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.022% dearer against Bybit than usual: you sell high and buy low (spread −0.241% now, against its 7-day average of −0.263%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZAMAUSDT	0.09111	0.0100	pay 0.0050% / 4h	3h 53m	$8.0M	$22.4M	25x
Short	BloFin ZAMA-USDT	0.09089	0.0044	get 0.0022% / 4h	3h 53m	$808K	$470K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.241%Rate

Funding earned: −$11.84
Price spread: −0.241% → −0.263%: $2.15
Slippage, 4 orders: −$87.39
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$120.08
Costs to cover: 1.104%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 24 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, 1 min ago	1.10 bp	30.3 bp −$30	123.4 bp −$1,234	doesn't fit	doesn't fit
Sell BloFin live order book, 24 min ago	2.14 bp	24.5 bp −$24	49.9 bp −$499	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	−0.0682%	4h	0.09092	−0.209%	$924K	$5.4M	50x	as long as short
BloFin ZAMA-USDTshort	+0.0044%	4h	0.09089	−0.241%	$808K	$470K	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09090	−0.228%	$301K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09106	−0.055%	$17.9M	$111.9M	50x	as long as short
Bybit ZAMAUSDTlong	+0.0100%	4h	0.09111	long leg	$8.0M	$22.4M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09103	−0.088%	$5.0M	$77.4M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09107	−0.044%	$2.7M	$4.0M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09095	−0.176%	$853K	$1.1M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09116	+0.055%	$4.7M	$11.0M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09115	+0.044%	—	$2.3M	—	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	0.09293	+1.997%	$1.1M	$582K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09103	−0.088%	—	$739K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09208	+1.063%	$6K	$454K	10x	as long as short