Funding you earn now, next payment 12:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin−0.214%80s7-day average +0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as 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−$1461.456% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)+0.604%+$60 · spread now −0.214%, 7d avg +0.197%
=Funding pays, the price is against you. KuCoin is 0.411% cheaper against BloFin than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of +0.197%). If the spread goes back, that is −$41 on $10k: about 4 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 80 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 | BloFin ZAMA-USDT | 0.09341 | 0.0090 | pay 0.0045% / 4h | 2h 03m | $822K | $453K | 50x |
| Short | KuCoin ZAMAUSDTM | 0.09321 | 0.0100 | get 0.0050% / 4h | 2h 03m | $897K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $2.2
- Price spread: −0.214% → +0.197%
- −$41.08
- Slippage, 4 orders
- −$121.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$184.44
- Costs to cover
- 1.456%
- Break-even
- 594.2 days
Slippage from BloFin: live order book, 46 min ago; KuCoin: live order book, 4 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 BloFin live order book, 46 min ago | 0.54 bp | 21.2 bp −$21 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.89 bp | 51.4 bp −$51 | 165.6 bp −$1,656 | doesn't fit | doesn't fit |
ZAMA on 14 exchanges
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_USDT | −0.0088% | 4h | 0.09312 | −0.310% | $1.0M | $5.3M | 50x | as long as short |
| BloFin ZAMA-USDTlong | +0.0090% | 4h | 0.09341 | long leg | $822K | $453K | 50x | |
| Aster ZAMAUSDT | +0.0100% | 4h | 0.09326 | −0.164% | $308K | $1.6M | 20x | as long as short |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.09320 | −0.225% | $18.6M | $98.2M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09317 | −0.257% | $8.3M | $19.6M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09317 | −0.257% | $5.3M | $70.3M | 20x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.09320 | −0.225% | $3.0M | $3.8M | 50x | as long as short |
| KuCoin ZAMAUSDTMshort | +0.0100% | 4h | 0.09321 | −0.214% | $897K | $1.0M | 50x | |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09325 | −0.171% | $4.8M | $9.7M | 20x | as long as short |
| BingX ZAMA-USDT | +0.0100% | 4h | 0.09317 | −0.257% | — | $2.2M | — | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZAMA | +0.0100% | 4h | 0.09340 | −0.007% | $1.2M | $643K | — | as long as short |
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09608 | +2.858% | — | $724K | 20x | as long as short |
| Phemex ZAMAUSDT | +0.0100% | 4h | 0.09328 | −0.139% | $45K | $135K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0112% | 4h | 0.09347 | +0.069% | $6K | $453K | 10x | as long as short |
BloFin ZAMA-USDT
KuCoin ZAMAUSDTM
Gate ZAMA_USDT
Aster ZAMAUSDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
MEXC ZAMA_USDT
Bitget ZAMAUSDT
BingX ZAMA-USDT
Variational Omni ZAMA
SunX ZAMA-USDT
Phemex ZAMAUSDT
edgeX ZAMAUSDC