Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06752 | spot | no funding | — | — | $521K | 1x | Buy Bybit Spot | |
| SHORT | 0.06756 | −0.0048 | pay 0.0024% / 4h | 3h 43m | $2.8M | $1.6M | 25x | Short Bybit |
Price gap+0.059%
Funding gap−0.0048% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 5.1 days. At the last 7 days' pace that is about 32 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0048% /8h now · paid −0.380% over the last 7D
Price+$7spread +0.059% now, avg −0.014% → +0.073% if it goes back
Costs−$1851.854% of $10k · taker + slippage, in and out
Result−$216−2.16%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.059%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZAMA on 15 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size46.7 / 42.7 bpAt $10k entering Bybit Spot costs 46.7 bp, fee and slippage, 1.1× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $400The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: −$1.43Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, −$1.43.
- OK: Entry gap works for you+0.059% vs −0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$2.8M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0181%/8h × 21 periods−$38.01
Price spread+0.059% → −0.014% (7d avg)+$7.30
Slippage, 4 orderslive order books−$154.37
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$216.09
Costs to cover1.854%Break-evennever at this rate
Slippage: Bybit Spot: live order book, 16 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot5.2446.7 bp−$4792.7 bp−$927doesn’t fitdoesn’t fit
SELL · SHORTBybit1.4842.7 bp−$43468.8 bp−$4,688doesn’t fitdoesn’t fit
Closing costs about the same again.
ZAMA news
posts that mention ZAMA, from every exchange| 10-31 06:31 | OKX | Product | Trending this week on OKX: • Listed: 27 tokenized stocks & 6 X-Perps • Shipped: Flash Earn - Hold to Earn • Live: $ZAMA on X-Drops 🇪🇺 • Added: $XRP to X-Drops 🇺🇸 • Coming soon: OKX Card 🇺🇸 @okx on X ↗ |
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 09-24 20:07 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 09-24 19:59 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 09-23 10:00 | Phemex | Listing | 🚨 New Futures Listings on Phemex: ethereum:0xa12cc123ba206d4031d1c7f6223d1c2ec249f4f3 @zama ZAMA is the protocol powering confidential on-chain finance. Issue, trade, and manage confidential assets on public blockchains. Going live with up to 20x leverage.👇 @Phemex_official on X ↗ |
| 09-22 08:50 | Phemex | Listing | new market ZAMAUSDT ($ZAMA) seen by our collector |

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