ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0656%/8h= +71.8% APRnext payment +$3.28 per $10,000 · paid last 24h +0.064%

Price spread now: KuCoin against Gate0.000%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$236as in the Price arb table

costs, in and out, $10k−$2292.286% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.193%+$19 on $10k

Price spread, last 7 days+0.130%+$13 · spread now 0.000%, 7d avg +0.072%

Together, before fees+0.322%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.072% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.072%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.193% in total) that is about 2.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.28 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	0.09109	−0.0556	get 0.0278% / 4h	3h 52m	$924K	$5.4M	50x
Short	KuCoin ZAMAUSDTM	0.09109	0.0100	get 0.0050% / 4h	3h 52m	$857K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $137.76
Price spread: 0.000% → +0.072%: −$7.22
Slippage, 4 orders: −$201.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$98.06
Costs to cover: 2.286%
Break-even: 12.0 days

Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago	6.04 bp	52.4 bp −$52	208.2 bp −$2,082	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	9.81 bp	64.5 bp −$65	174.7 bp −$1,747	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	−0.0556%	4h	0.09109	long leg	$924K	$5.4M	50x
BloFin ZAMA-USDT	+0.0044%	4h	0.09089	−0.220%	$808K	$470K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09126	+0.189%	$303K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09133	+0.263%	$17.9M	$111.9M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09134	+0.274%	$8.0M	$22.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09113	+0.044%	$5.0M	$77.5M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09116	+0.077%	$2.7M	$4.0M	50x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09109	0.000%	$857K	$1.1M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09115	+0.066%	$4.7M	$11.0M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09118	+0.099%	—	$2.3M	—	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	0.09293	+2.020%	$1.1M	$582K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09120	+0.121%	—	$741K	20x	as long as short
edgeX ZAMAUSDC	+0.0106%	4h	0.09208	+1.085%	$6K	$454K	10x	as long as short