Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against MEXC+0.033%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now +0.033%, 7d avg +0.122%
=Funding pays, the price is against you. Bybit is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.122%). If the spread goes back, that is −$9 on $10k: about 2.5 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.027% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZAMA_USDT | 0.09002 | −0.0018 | get 0.0009% / 4h | 2h 26m | $2.5M | $4.7M | 50x |
| Short | Bybit ZAMAUSDT | 0.09005 | 0.0100 | get 0.0050% / 4h | 2h 26m | $7.6M | $26.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.78
- Price spread: +0.033% → +0.122%
- −$8.85
- Slippage, 4 orders
- −$81.59
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$84.66
- Costs to cover
- 1.006%
- Break-even
- 30.9 days
Slippage from MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.56 bp | 7.3 bp −$7 | 17.8 bp −$178 | 404.7 bp −$40.5K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.56 bp | 43.3 bp −$43 | 95.8 bp −$958 | 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 | −0.0974% | 4h | 0.09000 | −0.022% | $859K | $7.4M | 50x | as long as short |
| Aster ZAMAUSDT | −0.0682% | 4h | 0.09010 | +0.091% | $217K | $1.9M | 20x | as long as short |
| BloFin ZAMA-USDT | −0.0053% | 4h | 0.09003 | +0.011% | $774K | $562K | 50x | as long as short |
| Binance ZAMAUSDT | −0.0020% | 4h | 0.09000 | −0.022% | $17.4M | $139.5M | 50x | as long as short |
| MEXC ZAMA_USDTlong | −0.0018% | 4h | 0.09002 | long leg | $2.5M | $4.7M | 50x | |
| edgeX ZAMAUSDC | −0.0016% | 4h | 0.09022 | +0.220% | $5K | $445K | 10x | as long as short |
| KuCoin ZAMAUSDTM | +0.0056% | 4h | 0.09001 | −0.011% | $782K | $1.7M | 50x | as long as short |
| Bybit ZAMAUSDTshort | +0.0100% | 4h | 0.09005 | +0.033% | $7.6M | $26.5M | 25x | |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09001 | −0.011% | $5.1M | $94.2M | 20x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09009 | +0.078% | $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 | 0.09002 | 0.000% | — | $2.5M | — | as long as short |
| Variational Omni ZAMA | +0.0100% | 4h | 0.09033 | +0.345% | $956K | $424K | — | as long as short |
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09014 | +0.133% | — | $689K | 20x | as long as short |
MEXC ZAMA_USDT
Bybit ZAMAUSDT
Gate ZAMA_USDT
Aster ZAMAUSDT
BloFin ZAMA-USDT
Binance ZAMAUSDT
edgeX ZAMAUSDC
KuCoin ZAMAUSDTM
OKX ZAMA-USDT-SWAP
Bitget ZAMAUSDT
BingX ZAMA-USDT
Variational Omni ZAMA
SunX ZAMA-USDT