Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Bybit−0.011%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1201.203% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.105%−$11 · spread now −0.011%, 7d avg −0.088%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.077% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZAMAUSDT	0.09396	0.0100	pay 0.0050% / 4h	1h 06m	$8.2M	$22.4M	25x
Short	Bitget ZAMAUSDT	0.09395	0.0100	get 0.0050% / 4h	1h 06m	$4.8M	$11.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.011%Rate

Funding earned: $0
Price spread: −0.011% → −0.088%: $7.72
Slippage, 4 orders: −$97.3
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$112.58
Costs to cover: 1.203%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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 Bybit live order book, 3 min ago	1.60 bp	41.9 bp −$42	113.0 bp −$1,130	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.28 bp	22.6 bp −$23	68.0 bp −$680	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
BloFin ZAMA-USDT	+0.0041%	4h	0.09381	−0.160%	$821K	$497K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09390	−0.063%	$313K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09395	−0.011%	$18.5M	$114.0M	50x	as long as short
Bybit ZAMAUSDTlong	+0.0100%	4h	0.09396	long leg	$8.2M	$22.4M	25x
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09391	−0.053%	$5.4M	$81.4M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09390	−0.064%	$950K	$5.7M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09394	−0.021%	$2.7M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09388	−0.085%	$864K	$1.2M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09395	−0.011%	$4.8M	$11.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09396	0.000%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09386	−0.109%	$1.1M	$578K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09399	+0.032%	—	$728K	20x	as long as short
edgeX ZAMAUSDC	+0.0107%	4h	0.09339	−0.609%	$5K	$455K	10x	as long as short