ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1176%/8h= +128.8% APRnext payment +$5.88 per $10,000 · paid last 24h +0.073%

Price spread now: Variational Omni against Gate+0.100%7-day average +0.328% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.201%+$20 on $10k

Price spread, last 3 days (all we have)+0.206%+$21 · spread now +0.100%, 7d avg +0.328%

Together, before fees+0.407%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.227% cheaper against Gate than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.328%). If the spread goes back, that is −$23 on $10k: about 15 hours of funding at the current rate (+$35 a day). At the pace of the last 3 days (+0.201% in total) that is about 3.6 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.201% in total (about 22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.88 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	0.09012	−0.1076	get 0.0538% / 4h	2h 39m	$859K	$7.4M	50x
Short	Variational Omni ZAMA	0.09021	0.0100	get 0.0050% / 4h	2h 39m	$953K	$426K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.100%Rate

Funding earned: $246.96
Price spread: +0.100% → +0.328%: −$22.72
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $209.24
Costs to cover: 0.150%
Break-even: 1.1 days

Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 25 min ago. Net counts fees only.

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, 4 min ago	4.43 bp	47.2 bp −$47	169.6 bp −$1,696	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 25 min ago	4.44 bp	doesn't fit	218.8 bp −$2,188	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	−0.1076%	4h	0.09012	long leg	$859K	$7.4M	50x
Aster ZAMAUSDT	−0.0701%	4h	0.09020	+0.089%	$221K	$1.9M	20x	as long as short
Binance ZAMAUSDT	−0.0038%	4h	0.09009	−0.033%	$17.5M	$139.9M	50x	as long as short
MEXC ZAMA_USDT	−0.0038%	4h	0.09004	−0.089%	$2.5M	$4.7M	50x	as long as short
edgeX ZAMAUSDC	−0.0035%	4h	0.09009	−0.029%	$5K	$442K	10x	as long as short
BloFin ZAMA-USDT	−0.0024%	4h	0.09000	−0.133%	$771K	$563K	50x	as long as short
KuCoin ZAMAUSDTM	+0.0084%	4h	0.09014	+0.022%	$783K	$1.7M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09021	+0.100%	$7.6M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09007	−0.055%	$5.1M	$94.3M	20x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09020	+0.089%	$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	0.09011	−0.011%	—	$2.5M	—	as long as short
Variational Omni ZAMAshort	+0.0100%	4h	0.09021	+0.100%	$953K	$426K	—
SunX ZAMA-USDT	+0.0100%	4h	0.09015	+0.033%	—	$688K	20x	as long as short