ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.073%

Price spread now: Gate against Bitget+0.145%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$171as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1531.533% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$18 on $10k

Price spread, last 7 days−0.189%−$19 · spread now +0.145%, 7d avg −0.033%

Together, before fees−0.364%−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.179% dearer against Bitget than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.033%): +$18 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.175% in total) that is about 7.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09630	0.0100	pay 0.0050% / 4h	10m 17s	$5.0M	$14.7M	20x
Short	Gate ZAMA_USDT	0.09644	−0.0158	pay 0.0079% / 4h	10m 17s	$947K	$7.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.145%Rate

Funding earned: −$54.18
Price spread: +0.145% → −0.033%: $17.87
Slippage, 4 orders: −$126.33
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$189.65
Costs to cover: 1.533%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Gate: 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 Bitget live order book, 3 min ago	2.12 bp	20.3 bp −$20	60.4 bp −$604	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	3.71 bp	59.8 bp −$60	198.9 bp −$1,989	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	−0.0158%	4h	0.09644	+0.145%	$947K	$7.4M	50x
Aster ZAMAUSDT	+0.0052%	4h	0.09632	+0.020%	$225K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09612	−0.182%	$19.1M	$137.3M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09608	−0.228%	$7.9M	$26.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09634	+0.042%	$5.6M	$100.6M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09638	+0.083%	$2.9M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09642	+0.125%	$867K	$1.6M	50x	as long as short
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09630	long leg	$5.0M	$14.7M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09627	−0.031%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09570	−0.622%	$994K	$445K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09638	+0.083%	—	$709K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09431	−2.069%	$5K	$443K	10x	as long as short
BloFin ZAMA-USDT	+0.0129%	4h	0.09587	−0.447%	$829K	$593K	50x	as long as short