ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.078%

Price spread now: Gate against Binance+0.012%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1381.384% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 7 days−0.019%−$2 · spread now +0.012%, 7d avg −0.011%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.023% dearer against Binance than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.011%): +$2 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.167% in total) that is about 23 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.167% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.73 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	Binance ZAMAUSDT	0.09639	0.0100	pay 0.0050% / 4h	3h 30m	$19.3M	$135.4M	50x
Short	Gate ZAMA_USDT	0.09640	−0.0246	pay 0.0123% / 4h	3h 30m	$953K	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.012%Rate

Funding earned: −$72.66
Price spread: +0.012% → −0.011%: $2.26
Slippage, 4 orders: −$113.37
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$208.77
Costs to cover: 1.384%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: 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 Binance live order book, 12 min ago	0.52 bp	16.6 bp −$17	59.5 bp −$595	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	4.17 bp	58.4 bp −$58	187.9 bp −$1,879	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_USDTshort	−0.0246%	4h	0.09640	+0.012%	$953K	$7.2M	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09641	+0.025%	$234K	$1.9M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09639	long leg	$19.3M	$135.4M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09636	−0.030%	$8.0M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09632	−0.071%	$5.6M	$99.5M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09641	+0.022%	$3.0M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09643	+0.043%	$872K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09652	+0.136%	$5.0M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09637	−0.019%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09636	−0.029%	$1.0M	$463K	—	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	0.09639	+0.002%	—	$711K	20x	as long as short
edgeX ZAMAUSDC	+0.0101%	4h	0.09594	−0.465%	$5K	$446K	10x	as long as short
BloFin ZAMA-USDT	+0.0115%	4h	0.09637	−0.019%	$834K	$588K	50x	as long as short