ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against BloFin+0.011%62s7-day average +0.312% · you sell dearer than you buy

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−$930.933% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 3 days (all we have)+0.385%+$39 · spread now +0.011%, 7d avg +0.312%

Together, before fees+0.194%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.301% cheaper against BloFin than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.312%). If the spread goes back, that is −$30 on $10k: about 30 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour. The two prices were read 62 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	BloFin ZAMA-USDT	0.09113	0.0067	pay 0.0033% / 4h	1h 48m	$776K	$565K	50x
Short	Bybit ZAMAUSDT	0.09114	0.0100	get 0.0050% / 4h	1h 48m	$7.6M	$26.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.011%Rate

Funding earned: $6.95
Price spread: +0.011% → +0.312%: −$30.1
Slippage, 4 orders: −$70.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$116.49
Costs to cover: 0.933%
Break-even: 124.3 days

Slippage from BloFin: live order book, 33 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 BloFin live order book, 33 min ago	1.67 bp	17.4 bp −$17	39.9 bp −$399	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.55 bp	28.1 bp −$28	119.4 bp −$1,194	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	−0.0656%	4h	0.09110	−0.033%	$876K	$7.3M	50x	as long as short
Aster ZAMAUSDT	−0.0538%	4h	0.09118	+0.053%	$216K	$1.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0064%	4h	0.09112	−0.011%	$2.6M	$4.6M	50x	as long as short
Binance ZAMAUSDT	+0.0065%	4h	0.09112	−0.009%	$17.7M	$138.5M	50x	as long as short
BloFin ZAMA-USDTlong	+0.0067%	4h	0.09113	long leg	$776K	$565K	50x
edgeX ZAMAUSDC	+0.0071%	4h	0.09050	−0.687%	$5K	$443K	10x	as long as short
KuCoin ZAMAUSDTM	+0.0094%	4h	0.09113	0.000%	$817K	$1.7M	50x	as long as short
Bybit ZAMAUSDTshort	+0.0100%	4h	0.09114	+0.011%	$7.6M	$26.5M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09112	−0.011%	$5.2M	$95.4M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09114	+0.011%	$4.8M	$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	0.09117	+0.044%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09056	−0.628%	$937K	$445K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09124	+0.121%	—	$695K	20x	as long as short