ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.009%

Price spread now: BloFin against Binance+0.167%111s7-day average −0.156% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as 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−$720.722% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.228%+$23 on $10k

Price spread, last 4 days (all we have)−0.459%−$46 · spread now +0.167%, 7d avg −0.156%

Together, before fees−0.232%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.323% dearer against Binance than usual: you sell high and buy low (spread +0.167% now, against its 7-day average of −0.156%): +$32 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days. Mind the row above: over the last 7 days funding on this pair paid +0.228%, so the current rate has only just turned against you. The two prices were read 111 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	Binance ZAMAUSDT	0.09967	0.0100	pay 0.0050% / 4h	45m 28s	$20.0M	$133.7M	50x
Short	BloFin ZAMA-USDT	0.09984	0.0072	get 0.0036% / 4h	45m 28s	$876K	$606K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.167%Rate

Funding earned: −$5.93
Price spread: +0.167% → −0.156%: $32.3
Slippage, 4 orders: −$50.22
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$45.84
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 56 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 Binance live order book, 13 min ago	0.50 bp	14.7 bp −$15	52.8 bp −$528	doesn't fit	doesn't fit
Sell BloFin live order book, 56 min ago	7.48 bp	21.9 bp −$22	60.0 bp −$600	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	+0.0056%	4h	0.09966	−0.014%	$1.0M	$6.8M	50x	as long as short
BloFin ZAMA-USDTshort	+0.0072%	4h	0.09984	+0.167%	$876K	$606K	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09965	−0.024%	$324K	$2.0M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09967	long leg	$20.0M	$133.7M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09977	+0.096%	$8.6M	$25.7M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09976	+0.086%	$5.9M	$100.1M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09974	+0.066%	$2.8M	$4.4M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09974	+0.066%	$908K	$1.4M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09979	+0.116%	$5.2M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09974	+0.066%	—	$2.4M	—	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	0.09995	+0.273%	$1.2M	$598K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09984	+0.167%	—	$737K	20x	as long as short
edgeX ZAMAUSDC	+0.0100%	4h	0.1001	+0.410%	$5K	$454K	10x	as long as short