ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0658%/8h= −72.1% APRnext payment −$3.29 per $10,000 · paid last 24h −0.080%

Price spread now: Gate against Variational Omni−0.158%7-day average −0.325% · you buy dearer than you sell

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

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.215%−$22 on $10k

Price spread, last 4 days (all we have)−1.689%−$169 · spread now −0.158%, 7d avg −0.325%

Together, before fees−1.905%+ Points / potential airdropVariational Omni: Active · farm board−$190 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.166% dearer against Variational Omni than usual: you sell high and buy low (spread −0.158% now, against its 7-day average of −0.325%): +$17 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 3 days (−0.215% in total) that is about 2.6 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.215% in total (about -23.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.29 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	Variational Omni ZAMA	0.09495	0.0100	pay 0.0050% / 4h	2h 31m	$999K	$475K	—
Short	Gate ZAMA_USDT	0.09480	−0.0558	pay 0.0279% / 4h	2h 31m	$933K	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.158%Rate

Funding earned: −$138.18
Price spread: −0.158% → −0.325%: $16.62
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$136.56
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 13 min ago; Gate: live order book, 2 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 Variational Omni RFQ quote, 13 min ago	4.26 bp	doesn't fit	271.8 bp −$2,718	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	4.23 bp	51.5 bp −$51	187.3 bp −$1,873	doesn't fit	doesn't fit

ZAMA on 12 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	−0.0558%	4h	0.09480	−0.158%	$933K	$7.1M	50x
Aster ZAMAUSDT	+0.0096%	4h	0.09483	−0.126%	$231K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09484	−0.119%	$18.7M	$134.1M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09490	−0.053%	$7.8M	$25.8M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09484	−0.116%	$5.5M	$96.6M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09483	−0.127%	$2.8M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09479	−0.169%	$827K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09492	−0.032%	$5.0M	$14.5M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09486	−0.095%	—	$2.4M	—	as long as short
Variational Omni ZAMAlong	+0.0100%	4h	0.09495	long leg	$999K	$475K	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09498	+0.031%	—	$718K	20x	as long as short
edgeX ZAMAUSDC	+0.0117%	4h	0.09480	−0.160%	$5K	$448K	10x	as long as short