ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h −0.081%

Price spread now: Gate against edgeX+0.348%7-day average −0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$1351.348% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.178%−$18 on $10k

Price spread, last 4 days (all we have)−1.792%−$179 · spread now +0.348%, 7d avg −0.086%

Together, before fees−1.970%+ Points / potential airdropedgeX: Active · farm board−$197 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.434% dearer against edgeX than usual: you sell high and buy low (spread +0.348% now, against its 7-day average of −0.086%): +$43 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.178% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.178% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.47 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	edgeX ZAMAUSDC	0.09760	0.0108	pay 0.0054% / 4h	1h 53m	$5K	$448K	10x
Short	Gate ZAMA_USDT	0.09794	−0.0186	pay 0.0093% / 4h	1h 53m	$986K	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.348%Rate

Funding earned: −$61.81
Price spread: +0.348% → −0.086%: $43.36
Slippage, 4 orders: −$110.79
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$153.24
Costs to cover: 1.348%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; Gate: live order book, 5 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 edgeX live order book, 10 min ago	7.29 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.54 bp	49.1 bp −$49	193.8 bp −$1,938	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	−0.0186%	4h	0.09794	+0.348%	$986K	$6.9M	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09793	+0.335%	$239K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09784	+0.249%	$19.3M	$131.1M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09792	+0.327%	$8.1M	$25.0M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09786	+0.266%	$5.8M	$97.8M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09784	+0.245%	$2.9M	$4.4M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09786	+0.266%	$872K	$1.4M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09798	+0.389%	$5.1M	$14.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09793	+0.337%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09778	+0.182%	$1.0M	$479K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09797	+0.378%	—	$714K	20x	as long as short
edgeX ZAMAUSDClong	+0.0108%	4h	0.09760	long leg	$5K	$448K	10x