ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against edgeX−0.084%71s7-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—prices read too far apart to compare

costs, in and out, $10k−$1151.151% of the position

Long on edgeX Short on Bybit

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)+0.046%+$5 · spread now −0.084%, 7d avg +0.056%

Together, before fees+0.064%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.140% cheaper against edgeX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.056%). If the spread goes back, that is −$14 on $10k: about 8.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.018% in total) that is about 55 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ZAMAUSDC	0.08994	0.0043	pay 0.0021% / 4h	2h 02m	$5K	$444K	10x
Short	Bybit ZAMAUSDT	0.08986	0.0100	get 0.0050% / 4h	2h 02m	$7.5M	$26.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now −0.084%Rate

Funding earned: $12.06
Price spread: −0.084% → +0.056%: −$13.96
Slippage, 4 orders: −$95.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$116.95
Costs to cover: 1.151%
Break-even: 74.9 days

Slippage from edgeX: live order book, 21 min ago; Bybit: live order book, 1 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 edgeX live order book, 21 min ago	6.67 bp	12.8 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.56 bp	44.4 bp −$44	102.5 bp −$1,025	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	−0.0722%	4h	0.08973	−0.228%	$857K	$7.5M	50x	as long as short
Aster ZAMAUSDT	−0.0594%	4h	0.08980	−0.150%	$216K	$1.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0032%	4h	0.08977	−0.184%	$2.5M	$4.7M	50x	as long as short
Binance ZAMAUSDT	+0.0033%	4h	0.08977	−0.189%	$17.4M	$139.3M	50x	as long as short
edgeX ZAMAUSDClong	+0.0043%	4h	0.08994	long leg	$5K	$444K	10x
BloFin ZAMA-USDT	+0.0052%	4h	0.08980	−0.150%	$772K	$561K	50x	as long as short
KuCoin ZAMAUSDTM	+0.0084%	4h	0.08986	−0.084%	$780K	$1.7M	50x	as long as short
Bybit ZAMAUSDTshort	+0.0100%	4h	0.08986	−0.084%	$7.5M	$26.5M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.08979	−0.162%	$5.1M	$93.9M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.08985	−0.095%	$4.7M	$14.8M	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	0.08980	−0.150%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09009	+0.173%	$953K	$424K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.08986	−0.084%	—	$694K	20x	as long as short