Funding you earn now, next payment 04:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.081%
Price spread now: Gate against BingX−0.078%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1511.508% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.078%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.051% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZAMA-USDT | 0.1031 | 0.0100 | pay 0.0050% / 4h | 1h 16m | — | $2.4M | — |
| Short | Gate ZAMA_USDT | 0.1031 | −0.0032 | pay 0.0016% / 4h | 1h 16m | $1.1M | $7.0M | 50x |
BingX ZAMA-USDT
Gate ZAMA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$27.72
- Price spread: −0.078% → −0.027%
- −$5.06
- Slippage, 4 orders
- −$125.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.6
- Costs to cover
- 1.508%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: 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 BingX live order book, 8 min ago | 1.96 bp | 15.3 bp −$15 | 54.5 bp −$545 | 172.0 bp −$17.2K | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.88 bp | 65.1 bp −$65 | 201.1 bp −$2,011 | 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_USDTshort | −0.0032% | 4h | 0.1031 | −0.078% | $1.1M | $7.0M | 50x | |
| Aster ZAMAUSDT | +0.0100% | 4h | 0.1030 | −0.099% | $334K | $1.9M | 20x | as long as short |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.1030 | −0.087% | $20.7M | $132.6M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.1031 | −0.078% | $8.9M | $25.6M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.1030 | −0.145% | $6.1M | $103.3M | 20x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.1031 | −0.048% | $3.1M | $4.5M | 50x | as long as short |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.1031 | −0.068% | $908K | $1.4M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.1031 | −0.029% | $5.4M | $14.4M | 20x | as long as short |
| BingX ZAMA-USDTlong | +0.0100% | 4h | 0.1031 | long leg | — | $2.4M | — | |
| Variational Omni ZAMA | +0.0100% | 4h | 0.1026 | −0.484% | $1.2M | $597K | — | as long as short |
Aster ZAMAUSDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
MEXC ZAMA_USDT
KuCoin ZAMAUSDTM
Bitget ZAMAUSDT
Variational Omni ZAMAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ZAMA-USDT | +0.0100% | 4h | 0.1029 | −0.213% | — | $729K | 20x | as long as short |
| BloFin ZAMA-USDT | +0.0113% | 4h | 0.1029 | −0.213% | $899K | $632K | 50x | as long as short |
| edgeX ZAMAUSDC | +0.0119% | 4h | 0.1031 | −0.056% | $5K | $452K | 10x | as long as short |
SunX ZAMA-USDT
BloFin ZAMA-USDT
edgeX ZAMAUSDC