Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC−0.564%94s7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.564%, 7d avg −0.137%
=Funding pays, the price is against you. BloFin is 0.427% cheaper against MEXC than usual: you would sell low and buy high (spread −0.564% now, against its 7-day average of −0.137%). If the spread goes back, that is −$43 on $10k: about 39 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.227% in total) that is about 13 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZAMA_USDT | 0.09752 | 0.0100 | pay 0.0050% / 4h | 23m 38s | $2.7M | $4.5M | 50x |
| Short | BloFin ZAMA-USDT | 0.09697 | 0.0137 | get 0.0068% / 4h | 23m 38s | $863K | $566K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.76
- Price spread: −0.564% → −0.137%
- −$42.72
- Slippage, 4 orders
- −$35.65
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.61
- Costs to cover
- 0.556%
- Break-even
- 88.7 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 13 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 MEXC live order book, 4 min ago | 1.02 bp | 8.0 bp −$8 | 18.0 bp −$180 | 373.8 bp −$37.4K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 8.05 bp | 20.7 bp −$21 | 49.5 bp −$495 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZAMAUSDT | −0.0056% | 4h | 0.09750 | −0.025% | $419K | $2.0M | 20x | as long as short |
| Gate ZAMA_USDT | +0.0072% | 4h | 0.09753 | +0.010% | $985K | $6.8M | 50x | as long as short |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.09755 | +0.031% | $19.5M | $133.2M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09760 | +0.082% | $8.4M | $25.6M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09754 | +0.021% | $5.6M | $97.3M | 20x | as long as short |
| MEXC ZAMA_USDTlong | +0.0100% | 4h | 0.09752 | long leg | $2.7M | $4.5M | 50x | |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.09744 | −0.082% | $864K | $1.4M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09764 | +0.123% | $5.0M | $14.5M | 20x | as long as short |
| BingX ZAMA-USDT | +0.0100% | 4h | 0.09769 | +0.174% | — | $2.4M | — | as long as short |
| Variational Omni ZAMA | +0.0100% | 4h | 0.09752 | −0.003% | $1.1M | $600K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09762 | +0.103% | — | $744K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0106% | 4h | 0.09816 | +0.654% | $5K | $452K | 10x | as long as short |
| BloFin ZAMA-USDTshort | +0.0137% | 4h | 0.09697 | −0.564% | $863K | $566K | 50x |
MEXC ZAMA_USDT
BloFin ZAMA-USDT
Aster ZAMAUSDT
Gate ZAMA_USDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
KuCoin ZAMAUSDTM
Bitget ZAMAUSDT
BingX ZAMA-USDT
Variational Omni ZAMA
SunX ZAMA-USDT
edgeX ZAMAUSDC