Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against BingX+0.187%111s7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as 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−$720.719% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.479%−$48 · spread now +0.187%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.319% dearer against BingX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.132%. The two prices were read 111 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 | BingX ZAMA-USDT | 0.09635 | 0.0100 | pay 0.0050% / 4h | 3h 45m | — | $2.4M | — |
| Short | BloFin ZAMA-USDT | 0.09653 | 0.0150 | get 0.0075% / 4h | 3h 45m | $848K | $533K | 50x |
BingX ZAMA-USDT
BloFin ZAMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $10.42
- Price spread: +0.187% → −0.132%
- $31.9
- Slippage, 4 orders
- −$49.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.56
- Costs to cover
- 0.719%
- Break-even
- 26.9 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 52 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 BingX live order book, 4 min ago | 2.09 bp | 14.8 bp −$15 | 52.5 bp −$525 | 239.5 bp −$23.9K | doesn't fit |
| Sell BloFin live order book, 52 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 | −0.0132% | 4h | 0.09641 | +0.062% | $416K | $1.9M | 20x | as long as short |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.09637 | +0.016% | $19.0M | $128.6M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09641 | +0.062% | $8.3M | $25.1M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09640 | +0.052% | $5.6M | $94.0M | 20x | as long as short |
| Gate ZAMA_USDT | +0.0100% | 4h | 0.09631 | −0.042% | $961K | $6.1M | 50x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.09633 | −0.021% | $2.7M | $4.3M | 50x | as long as short |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.09630 | −0.052% | $860K | $1.3M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09637 | +0.021% | $5.0M | $14.1M | 20x | as long as short |
| BingX ZAMA-USDTlong | +0.0100% | 4h | 0.09635 | long leg | — | $2.4M | — | |
| Variational Omni ZAMA | +0.0100% | 4h | 0.09633 | −0.023% | $1.1M | $602K | — | as long as short |
Aster ZAMAUSDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
Gate ZAMA_USDT
MEXC ZAMA_USDT
KuCoin ZAMAUSDTM
Bitget ZAMAUSDT
Variational Omni ZAMAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09640 | +0.052% | — | $737K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0106% | 4h | 0.09632 | −0.033% | $5K | $456K | 10x | as long as short |
| BloFin ZAMA-USDTshort | +0.0150% | 4h | 0.09653 | +0.187% | $848K | $533K | 50x |
SunX ZAMA-USDT
edgeX ZAMAUSDC