ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0482%/8h= +52.8% APRnext payment +$2.41 per $10,000 · paid last 24h +0.071%

Price spread now: Binance against Gate+0.057%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.057%, 7d avg +0.011%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 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 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.41 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	0.09236	−0.0382	get 0.0191% / 4h	1h 19m	$912K	$7.4M	50x
Short	Binance ZAMAUSDT	0.09241	0.0100	get 0.0050% / 4h	1h 19m	$18.2M	$138.9M	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 +0.057%Rate

Funding earned: $101.22
Price spread: +0.057% → +0.011%: $4.66
Slippage, 4 orders: −$103.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.01
Costs to cover: 1.289%
Break-even: 8.6 days

Slippage from Gate: live order book, 4 min ago; Binance: live order book, 9 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	1.09 bp	43.7 bp −$44	158.0 bp −$1,580	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.55 bp	15.8 bp −$16	31.5 bp −$315	277.0 bp −$27.7K	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	−0.0382%	4h	0.09236	long leg	$912K	$7.4M	50x
Aster ZAMAUSDT	−0.0355%	4h	0.09260	+0.260%	$224K	$1.9M	20x	as long as short
Binance ZAMAUSDTshort	+0.0100%	4h	0.09241	+0.057%	$18.2M	$138.9M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09241	+0.054%	$7.7M	$26.6M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09242	+0.065%	$5.3M	$96.8M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09239	+0.032%	$2.7M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09246	+0.108%	$796K	$1.7M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09245	+0.097%	$4.8M	$14.8M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09241	+0.054%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09253	+0.188%	$957K	$447K	—	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	0.09269	+0.357%	—	$700K	20x	as long as short
edgeX ZAMAUSDC	+0.0103%	4h	0.09246	+0.106%	$5K	$443K	10x	as long as short
BloFin ZAMA-USDT	+0.0139%	4h	0.09233	−0.032%	$791K	$571K	50x	as long as short