Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.081%
Price spread now: BingX against Gate−0.010%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1421.415% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.010%, 7d avg +0.027%
=Funding pays, the price is against you. BingX is 0.037% cheaper against Gate than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.027%). If the spread goes back, that is −$4 on $10k: about 6.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.243% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZAMA_USDT | 0.09743 | 0.0080 | pay 0.0040% / 4h | 20m 42s | $983K | $6.9M | 50x |
| Short | BingX ZAMA-USDT | 0.09742 | 0.0100 | get 0.0050% / 4h | 20m 42s | — | $2.4M | — |
Gate ZAMA_USDT
BingX ZAMA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $4.2
- Price spread: −0.010% → +0.027%
- −$3.7
- Slippage, 4 orders
- −$116.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$141
- Costs to cover
- 1.415%
- Break-even
- 242.0 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 13 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, 3 min ago | 4.09 bp | 41.3 bp −$41 | 149.8 bp −$1,498 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 3.02 bp | 17.4 bp −$17 | 55.0 bp −$550 | 193.7 bp −$19.4K | 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 | −0.0051% | 4h | 0.09750 | +0.070% | $420K | $2.0M | 20x | as long as short |
| BloFin ZAMA-USDT | +0.0050% | 4h | 0.09757 | +0.144% | $869K | $571K | 50x | as long as short |
| Gate ZAMA_USDTlong | +0.0080% | 4h | 0.09743 | long leg | $983K | $6.9M | 50x | |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.09743 | −0.005% | $19.4M | $133.0M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09746 | +0.031% | $8.4M | $25.6M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09747 | +0.041% | $5.6M | $97.1M | 20x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.09743 | 0.000% | $2.7M | $4.5M | 50x | as long as short |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.09753 | +0.103% | $865K | $1.4M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09747 | +0.041% | $5.0M | $14.5M | 20x | as long as short |
| BingX ZAMA-USDTshort | +0.0100% | 4h | 0.09742 | −0.010% | — | $2.4M | — |
Aster ZAMAUSDT
BloFin ZAMA-USDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
MEXC ZAMA_USDT
KuCoin ZAMAUSDTM
Bitget ZAMAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZAMA | +0.0100% | 4h | 0.09752 | +0.089% | $1.1M | $600K | — | as long as short |
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09750 | +0.072% | — | $744K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0105% | 4h | 0.09769 | +0.263% | $5K | $453K | 10x | as long as short |
Variational Omni ZAMA
SunX ZAMA-USDT
edgeX ZAMAUSDC