ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0602%/8h= +65.9% APRnext payment +$3.01 per $10,000 · paid last 24h +0.073%

Price spread now: Bitget against Gate+0.033%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1391.391% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$18 on $10k

Price spread, last 7 days+0.029%+$3 · spread now +0.033%, 7d avg +0.033%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.175% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 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	0.09161	−0.0502	get 0.0251% / 4h	1h 25m	$902K	$7.4M	50x
Short	Bitget ZAMAUSDT	0.09164	0.0100	get 0.0050% / 4h	1h 25m	$4.8M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.033%Rate

Funding earned: $126.42
Price spread: +0.033% → +0.033%: −$0.03
Slippage, 4 orders: −$112.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$12.69
Costs to cover: 1.391%
Break-even: 7.7 days

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago	1.64 bp	48.3 bp −$48	155.0 bp −$1,550	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.83 bp	21.4 bp −$21	59.0 bp −$590	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	−0.0502%	4h	0.09161	long leg	$902K	$7.4M	50x
Aster ZAMAUSDT	−0.0427%	4h	0.09168	+0.079%	$222K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	+0.0055%	4h	0.09159	−0.022%	$793K	$565K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09167	+0.065%	$18.0M	$138.8M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09168	+0.076%	$7.6M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09168	+0.076%	$5.2M	$96.0M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09166	+0.055%	$2.6M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09172	+0.120%	$842K	$1.6M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09164	+0.033%	$4.8M	$14.8M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09168	+0.076%	—	$2.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09130	−0.334%	$947K	$445K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09171	+0.109%	—	$699K	20x	as long as short
edgeX ZAMAUSDC	+0.0103%	4h	0.09128	−0.364%	$5K	$441K	10x	as long as short