ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.007%

Price spread now: BingX against BloFin−0.392%51s7-day average +0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as 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−$620.623% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)+0.685%+$69 · spread now −0.392%, 7d avg +0.132%

Together, before fees+0.528%+$53 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.525% cheaper against BloFin than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.132%). Swap the legs. The two prices were read 51 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	BloFin ZAMA-USDT	0.09682	0.0133	pay 0.0066% / 4h	3h 30m	$840K	$519K	50x
Short	BingX ZAMA-USDT	0.09644	0.0100	get 0.0050% / 4h	3h 30m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.392%Rate

Funding earned: −$6.91
Price spread: −0.392% → +0.132%: −$52.47
Slippage, 4 orders: −$40.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$121.72
Costs to cover: 0.623%
Break-even: never at this rate

Slippage from BloFin: live order book, 1 min ago; BingX: live order book, 4 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, 1 min ago	6.72 bp	17.2 bp −$17	37.0 bp −$370	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	2.59 bp	11.4 bp −$11	48.3 bp −$483	151.4 bp −$15.1K	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
Aster ZAMAUSDT	−0.0104%	4h	0.09648	−0.356%	$416K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09646	−0.368%	$19.1M	$126.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09645	−0.382%	$8.3M	$24.8M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09643	−0.403%	$5.6M	$92.6M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09646	−0.372%	$967K	$6.1M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09656	−0.269%	$2.7M	$4.3M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09664	−0.186%	$871K	$1.3M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09660	−0.227%	$5.0M	$13.8M	20x	as long as short
BingX ZAMA-USDTshort	+0.0100%	4h	0.09644	−0.392%	—	$2.4M	—
Variational Omni ZAMA	+0.0100%	4h	0.09670	−0.126%	$1.1M	$598K	—	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	0.09682	0.000%	—	$733K	20x	as long as short
edgeX ZAMAUSDC	+0.0118%	4h	0.09669	−0.130%	$5K	$456K	10x	as long as short
BloFin ZAMA-USDTlong	+0.0133%	4h	0.09682	long leg	$840K	$519K	50x