Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.033%65s7-day average +0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as 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−$780.778% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 3 days (all we have)+0.399%+$40 · spread now −0.033%, 7d avg +0.202%
=Funding pays, the price is against you. Bitget is 0.236% cheaper against BloFin than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.202%). If the spread goes back, that is −$24 on $10k: about 23 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour. The two prices were read 65 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 | 0.08973 | 0.0066 | pay 0.0033% / 4h | 2h 00m | $774K | $558K | 50x |
| Short | Bitget ZAMAUSDT | 0.08970 | 0.0100 | get 0.0050% / 4h | 2h 00m | $4.7M | $14.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $7.21
- Price spread: −0.033% → +0.202%
- −$23.58
- Slippage, 4 orders
- −$53.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.21
- Costs to cover
- 0.778%
- Break-even
- 98.5 days
Slippage from BloFin: live order book, 21 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 BloFin live order book, 21 min ago | 1.67 bp | 17.4 bp −$17 | 39.9 bp −$399 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.11 bp | 20.8 bp −$21 | 62.7 bp −$627 | 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_USDT | −0.0710% | 4h | 0.08961 | −0.134% | $854K | $7.5M | 50x | as long as short |
| Aster ZAMAUSDT | −0.0582% | 4h | 0.08975 | +0.024% | $216K | $1.9M | 20x | as long as short |
| MEXC ZAMA_USDT | +0.0036% | 4h | 0.08965 | −0.089% | $2.5M | $4.7M | 50x | as long as short |
| edgeX ZAMAUSDC | +0.0043% | 4h | 0.08975 | +0.025% | $5K | $444K | 10x | as long as short |
| Binance ZAMAUSDT | +0.0043% | 4h | 0.08964 | −0.100% | $17.4M | $138.9M | 50x | as long as short |
| BloFin ZAMA-USDTlong | +0.0066% | 4h | 0.08973 | long leg | $774K | $558K | 50x | |
| KuCoin ZAMAUSDTM | +0.0088% | 4h | 0.08976 | +0.033% | $779K | $1.7M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.08975 | +0.022% | $7.5M | $26.4M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.08966 | −0.078% | $5.1M | $93.8M | 20x | as long as short |
| Bitget ZAMAUSDTshort | +0.0100% | 4h | 0.08970 | −0.033% | $4.7M | $14.8M | 20x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZAMA-USDT | +0.0100% | 4h | 0.08968 | −0.056% | — | $2.5M | — | as long as short |
| Variational Omni ZAMA | +0.0100% | 4h | 0.08992 | +0.214% | $951K | $424K | — | as long as short |
| SunX ZAMA-USDT | +0.0100% | 4h | 0.08979 | +0.067% | — | $694K | 20x | as long as short |
BloFin ZAMA-USDT
Bitget ZAMAUSDT
Gate ZAMA_USDT
Aster ZAMAUSDT
MEXC ZAMA_USDT
edgeX ZAMAUSDC
Binance ZAMAUSDT
KuCoin ZAMAUSDTM
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
BingX ZAMA-USDT
Variational Omni ZAMA
SunX ZAMA-USDT