ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0634%/8h= +69.4% APRnext payment +$3.17 per $10,000 · paid last 24h +0.080%

Price spread now: BingX against Gate+0.084%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1401.396% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.084%, 7d avg +0.027%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.027%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.17 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	0.09541	−0.0534	get 0.0267% / 4h	2h 30m	$939K	$7.1M	50x
Short	BingX ZAMA-USDT	0.09549	0.0100	get 0.0050% / 4h	2h 30m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $133.14
Price spread: +0.084% → +0.027%: $5.64
Slippage, 4 orders: −$114.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$0.84
Costs to cover: 1.396%
Break-even: 7.0 days

Slippage from Gate: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago	4.23 bp	53.5 bp −$54	190.1 bp −$1,901	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	2.11 bp	17.9 bp −$18	64.9 bp −$649	284.6 bp −$28.5K	doesn't fit

ZAMA on 12 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	−0.0534%	4h	0.09541	long leg	$939K	$7.1M	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09521	−0.214%	$232K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09545	+0.044%	$18.8M	$134.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09550	+0.094%	$7.9M	$25.8M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09546	+0.052%	$5.5M	$97.3M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09543	+0.021%	$2.9M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09545	+0.042%	$833K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09557	+0.168%	$5.0M	$14.5M	20x	as long as short
BingX ZAMA-USDTshort	+0.0100%	4h	0.09549	+0.084%	—	$2.4M	—
Variational Omni ZAMA	+0.0100%	4h	0.09488	−0.560%	$1.0M	$476K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09552	+0.115%	—	$718K	20x	as long as short
edgeX ZAMAUSDC	+0.0117%	4h	0.09480	−0.641%	$5K	$448K	10x	as long as short