ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0336%/8h= −36.8% APRnext payment −$1.68 per $10,000 · paid last 24h −0.064%

Price spread now: Gate against KuCoin−0.117%7-day average −0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$754as in the Funding arb table

Net, price: spread back to 7d avg − costs−$739as in the Price arb table

costs, in and out, $10k−$7357.346% of the position

Long on KuCoin Short on Gate

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+0.038%+$4 · spread now −0.117%, 7d avg −0.072%

Together, before fees−0.155%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.072%). Swap the legs.

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 −$1.68 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	KuCoin ZAMAUSDTM	0.09384	0.0100	pay 0.0050% / 4h	3h 03m	$880K	$1.1M	50x
Short	Gate ZAMA_USDT	0.09373	−0.0236	pay 0.0118% / 4h	3h 03m	$972K	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.117%Rate

Funding earned: −$70.56
Price spread: −0.117% → −0.072%: −$4.57
Slippage, 4 orders: −$707.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$809.69
Costs to cover: 7.346%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: 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 KuCoin live order book, 2 min ago	7.45 bp	239.9 bp −$240	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.78 bp	45.8 bp −$46	237.3 bp −$2,373	doesn't fit	doesn't fit

ZAMA on 14 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_USDTshort	−0.0236%	4h	0.09373	−0.117%	$972K	$5.7M	50x
BloFin ZAMA-USDT	+0.0075%	4h	0.09385	+0.011%	$815K	$477K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09387	+0.027%	$310K	$1.7M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09373	−0.114%	$18.8M	$108.9M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09370	−0.149%	$8.3M	$21.8M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09364	−0.213%	$5.2M	$78.0M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09382	−0.021%	$2.9M	$4.1M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09384	long leg	$880K	$1.1M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09389	+0.053%	$4.9M	$10.7M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09373	−0.117%	—	$2.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09401	+0.181%	$1.1M	$583K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09602	+2.323%	—	$746K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09389	+0.053%	$1K	$14K	20x	as long as short
edgeX ZAMAUSDC	+0.0109%	4h	0.09394	+0.106%	$6K	$454K	10x	as long as short