ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0800%/8h= +87.6% APRnext payment +$4.00 per $10,000 · paid last 24h +0.078%

Price spread now: Binance against Gate+0.049%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1481.477% of the position

Long on Gate Short on Binance

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−0.020%−$2 · spread now +0.049%, 7d avg +0.011%

Together, before fees+0.147%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Binance is 0.038% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%.

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 +$4.00 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	Gate ZAMA_USDT	0.09385	−0.0700	get 0.0350% / 4h	2h 44m	$921K	$7.1M	50x
Short	Binance ZAMAUSDT	0.09390	0.0100	get 0.0050% / 4h	2h 44m	$18.5M	$135.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.049%Rate

Funding earned: $168
Price spread: +0.049% → +0.011%: $3.79
Slippage, 4 orders: −$122.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $24.08
Costs to cover: 1.477%
Break-even: 6.0 days

Slippage from Gate: live order book, 4 min ago; Binance: live order book, 14 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 Gate live order book, 4 min ago	3.73 bp	55.3 bp −$55	207.0 bp −$2,070	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.53 bp	19.1 bp −$19	63.0 bp −$630	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_USDTlong	−0.0700%	4h	0.09385	long leg	$921K	$7.1M	50x
Aster ZAMAUSDT	+0.0046%	4h	0.09394	+0.092%	$227K	$1.9M	20x	as long as short
Binance ZAMAUSDTshort	+0.0100%	4h	0.09390	+0.049%	$18.5M	$135.7M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09391	+0.064%	$7.7M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09385	0.000%	$5.5M	$96.8M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09394	+0.096%	$2.7M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09386	+0.011%	$838K	$1.5M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09391	+0.064%	$4.9M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09389	+0.043%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09409	+0.256%	$992K	$475K	—	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	0.09396	+0.117%	—	$720K	20x	as long as short
BloFin ZAMA-USDT	+0.0116%	4h	0.09399	+0.149%	$827K	$590K	50x	as long as short
edgeX ZAMAUSDC	+0.0117%	4h	0.09384	−0.006%	$5K	$448K	10x	as long as short