ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin+0.045%7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$219as in the Funding arb table

Net, price: spread back to 7d avg − costs−$224as in the Price arb table

costs, in and out, $10k−$2222.221% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.045%, 7d avg +0.068%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.068%). If the spread goes back, that is −$2 on $10k: about 6.5 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZAMAUSDTM	0.08986	0.0088	pay 0.0044% / 4h	2h 01m	$780K	$1.7M	50x
Short	Bybit ZAMAUSDT	0.08990	0.0100	get 0.0050% / 4h	2h 01m	$7.5M	$26.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now +0.045%Rate

Funding earned: $2.52
Price spread: +0.045% → +0.068%: −$2.33
Slippage, 4 orders: −$199.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$221.92
Costs to cover: 2.221%
Break-even: 623.5 days

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 2 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 KuCoin live order book, 5 min ago	10.56 bp	59.9 bp −$60	181.2 bp −$1,812	doesn't fit	doesn't fit
Sell Bybit live order book, 2 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	−0.0720%	4h	0.08973	−0.145%	$857K	$7.5M	50x	as long as short
Aster ZAMAUSDT	−0.0588%	4h	0.08979	−0.078%	$216K	$1.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0032%	4h	0.08974	−0.134%	$2.5M	$4.7M	50x	as long as short
Binance ZAMAUSDT	+0.0038%	4h	0.08979	−0.078%	$17.4M	$139.1M	50x	as long as short
edgeX ZAMAUSDC	+0.0043%	4h	0.08975	−0.119%	$5K	$444K	10x	as long as short
BloFin ZAMA-USDT	+0.0052%	4h	0.08980	−0.067%	$772K	$561K	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0088%	4h	0.08986	long leg	$780K	$1.7M	50x
Bybit ZAMAUSDTshort	+0.0100%	4h	0.08990	+0.045%	$7.5M	$26.4M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.08986	0.000%	$5.1M	$94.0M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.08992	+0.067%	$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	0.08983	−0.033%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09009	+0.257%	$953K	$424K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.08986	0.000%	—	$694K	20x	as long as short