ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0534%/8h= +58.5% APRnext payment +$2.67 per $10,000 · paid last 24h +0.080%

Price spread now: Bitget against Gate+0.137%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1481.480% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.190%+$19 on $10k

Price spread, last 7 days−0.107%−$11 · spread now +0.137%, 7d avg +0.033%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.103% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.033%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 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	0.09522	−0.0434	get 0.0217% / 4h	3h 43m	$937K	$7.2M	50x
Short	Bitget ZAMAUSDT	0.09535	0.0100	get 0.0050% / 4h	3h 43m	$5.0M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.137%Rate

Funding earned: $112.14
Price spread: +0.137% → +0.033%: $10.32
Slippage, 4 orders: −$121.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$25.55
Costs to cover: 1.480%
Break-even: 8.6 days

Slippage from Gate: live order book, 5 min ago; Bitget: 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 Gate live order book, 5 min ago	3.71 bp	51.7 bp −$52	198.5 bp −$1,985	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.28 bp	23.7 bp −$24	57.5 bp −$575	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_USDTlong	−0.0434%	4h	0.09522	long leg	$937K	$7.2M	50x
Aster ZAMAUSDT	+0.0048%	4h	0.09525	+0.032%	$230K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	+0.0076%	4h	0.09465	−0.599%	$826K	$585K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09537	+0.153%	$19.0M	$135.8M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09543	+0.221%	$7.9M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09536	+0.147%	$5.5M	$98.7M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09528	+0.063%	$2.9M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09527	+0.053%	$863K	$1.5M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09535	+0.137%	$5.0M	$14.6M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09533	+0.116%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09458	−0.672%	$990K	$454K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09512	−0.105%	—	$711K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09453	−0.723%	$5K	$447K	10x	as long as short