ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0467%/8h= −51.1% APRnext payment −$2.33 per $10,000 · paid last 24h −0.073%

Price spread now: Gate against edgeX+0.043%7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1301.300% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.150%−$15 on $10k

Price spread, last 3 days (all we have)−0.155%−$15 · spread now +0.043%, 7d avg −0.068%

Together, before fees−0.305%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.111% dearer against edgeX than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.068%): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.150% in total) that is about 5.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.33 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	0.09239	0.0107	pay 0.0053% / 4h	1h 15m	$5K	$444K	10x
Short	Gate ZAMA_USDT	0.09243	−0.0360	pay 0.0180% / 4h	1h 15m	$915K	$7.4M	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

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 edgeXbpFee GatebpOrdersPrice spread, now +0.043%Rate

Funding earned: −$98.06
Price spread: +0.043% → −0.068%: $11.13
Slippage, 4 orders: −$106.03
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$216.96
Costs to cover: 1.300%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Gate: 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 edgeX live order book, 3 min ago	5.95 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	3.24 bp	61.8 bp −$62	195.1 bp −$1,951	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_USDTshort	−0.0360%	4h	0.09243	+0.043%	$915K	$7.4M	50x
Aster ZAMAUSDT	−0.0335%	4h	0.09238	−0.006%	$224K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	+0.0058%	4h	0.09233	−0.065%	$793K	$568K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09239	0.000%	$18.2M	$138.8M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09244	+0.054%	$7.7M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09241	+0.022%	$5.3M	$96.8M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09234	−0.054%	$2.7M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09230	−0.098%	$793K	$1.7M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09244	+0.054%	$4.8M	$14.8M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09242	+0.032%	—	$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	0.09238	−0.007%	$959K	$447K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09237	−0.022%	—	$700K	20x	as long as short
edgeX ZAMAUSDClong	+0.0107%	4h	0.09239	long leg	$5K	$444K	10x