Funding you earn now, next payment 12:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.672%7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+1.279%+$128 · spread now −0.672%, 7d avg +0.148%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.819% cheaper against BloFin than usual: you would sell low and buy high (−$82 if the spread goes back to its 7-day average of +0.148%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZAMA-USDT | 0.09381 | 0.0115 | pay 0.0057% / 4h | 3h 12m | $818K | $479K | 50x |
| Short | Binance ZAMAUSDT | 0.09318 | 0.0100 | get 0.0050% / 4h | 3h 12m | $18.6M | $109.6M | 50x |
BloFin ZAMA-USDT
Binance ZAMAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.06
- Price spread: −0.672% → +0.148%
- −$81.92
- Slippage, 4 orders
- −$53.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.34
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Binance: live order book, 15 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, 64 min ago | 2.14 bp | 16.9 bp −$17 | 50.4 bp −$504 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.07 bp | 16.2 bp −$16 | 58.8 bp −$588 | 279.7 bp −$28.0K | 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 | −0.0120% | 4h | 0.09309 | −0.768% | $966K | $5.7M | 50x | as long as short |
| Aster ZAMAUSDT | +0.0100% | 4h | 0.09326 | −0.592% | $308K | $1.8M | 20x | as long as short |
| Binance ZAMAUSDTshort | +0.0100% | 4h | 0.09318 | −0.672% | $18.6M | $109.6M | 50x | |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09318 | −0.672% | $8.2M | $21.9M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09315 | −0.704% | $5.2M | $77.8M | 20x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.09319 | −0.661% | $2.9M | $4.0M | 50x | as long as short |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.09315 | −0.704% | $869K | $1.1M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09321 | −0.640% | $4.8M | $10.8M | 20x | as long as short |
| BingX ZAMA-USDT | +0.0100% | 4h | 0.09313 | −0.725% | — | $2.3M | — | as long as short |
| Variational Omni ZAMA | +0.0100% | 4h | 0.09382 | +0.012% | $1.1M | $586K | — | as long as short |
Gate ZAMA_USDT
Aster ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
MEXC ZAMA_USDT
KuCoin ZAMAUSDTM
Bitget ZAMAUSDT
BingX ZAMA-USDT
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 | 0.09525 | +1.535% | — | $746K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0112% | 4h | 0.09380 | −0.010% | $6K | $456K | 10x | as long as short |
| BloFin ZAMA-USDTlong | +0.0115% | 4h | 0.09381 | long leg | $818K | $479K | 50x |
SunX ZAMA-USDT
edgeX ZAMAUSDC