ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0121%/8h= −13.2% APRnext payment −$0.60 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against Bybit−0.095%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1111.112% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)+0.132%+$13 · spread now −0.095%, 7d avg −0.056%

Together, before fees+0.114%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.039% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZAMAUSDT	0.09009	0.0100	pay 0.0050% / 4h	2h 23m	$7.6M	$26.5M	25x
Short	edgeX ZAMAUSDC	0.09000	−0.0021	pay 0.0010% / 4h	2h 23m	$5K	$442K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$25.35
Price spread: −0.095% → −0.056%: −$3.87
Slippage, 4 orders: −$91.17
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$140.39
Costs to cover: 1.112%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 65 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, 5 min ago	0.56 bp	43.8 bp −$44	117.7 bp −$1,177	doesn't fit	doesn't fit
Sell edgeX live order book, 65 min ago	6.02 bp	12.1 bp −$12	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
Gate ZAMA_USDT	−0.0934%	4h	0.08999	−0.111%	$859K	$7.4M	50x	as long as short
Aster ZAMAUSDT	−0.0669%	4h	0.09001	−0.089%	$217K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	−0.0064%	4h	0.08993	−0.178%	$773K	$563K	50x	as long as short
edgeX ZAMAUSDCshort	−0.0021%	4h	0.09000	−0.095%	$5K	$442K	10x
MEXC ZAMA_USDT	−0.0014%	4h	0.09004	−0.056%	$2.5M	$4.7M	50x	as long as short
Binance ZAMAUSDT	−0.0010%	4h	0.09002	−0.080%	$17.5M	$139.4M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0058%	4h	0.08996	−0.144%	$781K	$1.7M	50x	as long as short
Bybit ZAMAUSDTlong	+0.0100%	4h	0.09009	long leg	$7.6M	$26.5M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09003	−0.067%	$5.1M	$94.2M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09009	0.000%	$4.7M	$14.7M	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	0.09005	−0.044%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09010	+0.013%	$953K	$424K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09013	+0.044%	—	$690K	20x	as long as short