ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1196%/8h= +130.9% APRnext payment +$5.98 per $10,000 · paid last 24h +0.071%

Price spread now: Binance against Gate−0.022%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1501.499% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.022%, 7d avg +0.009%

Together, before fees+0.140%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.140% in total) that is about 37 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.98 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	Gate ZAMA_USDT	0.09020	−0.1236	get 0.0618% / 4h	2h 50m	$866K	$7.4M	50x
Short	Binance ZAMAUSDT	0.09018	−0.0040	pay 0.0020% / 4h	2h 50m	$17.5M	$139.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.022%Rate

Funding earned: $251.09
Price spread: −0.022% → +0.009%: −$3.11
Slippage, 4 orders: −$124.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $98.09
Costs to cover: 1.499%
Break-even: 4.3 days

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 7 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 Gate live order book, 2 min ago	6.09 bp	44.7 bp −$45	171.2 bp −$1,712	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.56 bp	16.6 bp −$17	63.0 bp −$630	282.9 bp −$28.3K	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_USDTlong	−0.1236%	4h	0.09020	long leg	$866K	$7.4M	50x
Aster ZAMAUSDT	−0.0705%	4h	0.09016	−0.047%	$221K	$1.9M	20x	as long as short
Binance ZAMAUSDTshort	−0.0040%	4h	0.09018	−0.022%	$17.5M	$139.9M	50x
MEXC ZAMA_USDT	−0.0038%	4h	0.09015	−0.055%	$2.5M	$4.7M	50x	as long as short
edgeX ZAMAUSDC	−0.0029%	4h	0.09020	−0.004%	$5K	$443K	10x	as long as short
BloFin ZAMA-USDT	+0.0014%	4h	0.09016	−0.044%	$769K	$563K	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09026	+0.067%	$7.7M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09026	+0.067%	$5.1M	$94.5M	20x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09028	+0.089%	$785K	$1.7M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09027	+0.078%	$4.7M	$14.8M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.09017	−0.033%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09008	−0.128%	$954K	$426K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09023	+0.033%	—	$688K	20x	as long as short