Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.081%

Price spread now: Gate against Bybit+0.010%7-day average −0.123% · you sell dearer than you buy

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1801.801% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 7 days−0.160%−$16 · spread now +0.010%, 7d avg −0.123%

Together, before fees−0.343%−$34 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 0.134% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZAMAUSDT	0.09722	0.0100	pay 0.0050% / 4h	2m 54s	$8.3M	$25.3M	25x
Short	Gate ZAMA_USDT	0.09723	0.0100	get 0.0050% / 4h	2m 54s	$992K	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpOrdersPrice spread, now +0.010%Rate

Funding earned: $0
Price spread: +0.010% → −0.123%: $13.36
Slippage, 4 orders: −$154.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$166.78
Costs to cover: 1.801%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Gate: live order book, just now.

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	0.51 bp	41.6 bp −$42	124.8 bp −$1,248	doesn't fit	doesn't fit
Sell Gate live order book, just now	5.14 bp	44.3 bp −$44	162.2 bp −$1,622	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
Aster ZAMAUSDT	−0.0064%	4h	0.09724	+0.016%	$418K	$2.0M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09719	−0.031%	$19.3M	$130.5M	50x	as long as short
Bybit ZAMAUSDTlong	+0.0100%	4h	0.09722	long leg	$8.3M	$25.3M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09721	−0.010%	$5.6M	$95.9M	20x	as long as short
Gate ZAMA_USDTshort	+0.0100%	4h	0.09723	+0.010%	$992K	$6.9M	50x
MEXC ZAMA_USDT	+0.0100%	4h	0.09716	−0.062%	$2.7M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09719	−0.031%	$860K	$1.4M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09723	+0.010%	$5.0M	$14.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09718	−0.041%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09768	+0.471%	$1.1M	$598K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09744	+0.226%	—	$740K	20x	as long as short
edgeX ZAMAUSDC	+0.0108%	4h	0.09764	+0.430%	$5K	$454K	10x	as long as short
BloFin ZAMA-USDT	+0.0153%	4h	0.09734	+0.123%	$852K	$554K	50x	as long as short