ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0796%/8h= −87.2% APRnext payment −$3.98 per $10,000 · paid last 24h −0.079%

Price spread now: Gate against BloFin−0.011%7-day average +0.188% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1371.374% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.388%−$39 on $10k

Price spread, last 3 days (all we have)+0.207%+$21 · spread now −0.011%, 7d avg +0.188%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.199% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.188%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.388% in total (about -20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.98 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	BloFin ZAMA-USDT	0.09399	0.0116	pay 0.0058% / 4h	2h 48m	$827K	$590K	50x
Short	Gate ZAMA_USDT	0.09398	−0.0680	pay 0.0340% / 4h	2h 48m	$922K	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.011%Rate

Funding earned: −$167.18
Price spread: −0.011% → +0.188%: −$19.89
Slippage, 4 orders: −$110.36
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$324.43
Costs to cover: 1.374%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 5 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, 18 min ago	5.18 bp	18.4 bp −$18	38.7 bp −$387	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.78 bp	46.9 bp −$47	226.3 bp −$2,263	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	−0.0680%	4h	0.09398	−0.011%	$922K	$7.1M	50x
Aster ZAMAUSDT	+0.0050%	4h	0.09412	+0.143%	$228K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09399	−0.003%	$18.5M	$135.8M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09407	+0.085%	$7.7M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09403	+0.043%	$5.5M	$97.0M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09399	0.000%	$2.7M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09409	+0.106%	$839K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09403	+0.043%	$4.9M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09401	+0.021%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09416	+0.181%	$991K	$475K	—	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	0.09408	+0.096%	—	$719K	20x	as long as short
BloFin ZAMA-USDTlong	+0.0116%	4h	0.09399	long leg	$827K	$590K	50x
edgeX ZAMAUSDC	+0.0117%	4h	0.09387	−0.133%	$5K	$446K	10x	as long as short