ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1302%/8h= +142.6% APRnext payment +$6.51 per $10,000 · paid last 24h +0.073%

Price spread now: KuCoin against Gate+0.076%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2352.354% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.076%, 7d avg +0.058%

Together, before fees+0.179%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$39 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 0.134% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.51 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	0.09159	−0.1202	get 0.0601% / 4h	3h 30m	$898K	$7.3M	50x
Short	KuCoin ZAMAUSDTM	0.09166	0.0100	get 0.0050% / 4h	3h 30m	$804K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.076%Rate

Funding earned: $273.42
Price spread: +0.076% → +0.058%: $1.86
Slippage, 4 orders: −$208.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $39.9
Costs to cover: 2.354%
Break-even: 6.0 days

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 1 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	4.38 bp	49.2 bp −$49	172.9 bp −$1,729	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	9.27 bp	68.8 bp −$69	181.5 bp −$1,815	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	−0.1202%	4h	0.09159	long leg	$898K	$7.3M	50x
Aster ZAMAUSDT	−0.0668%	4h	0.09164	+0.059%	$224K	$1.9M	20x	as long as short
edgeX ZAMAUSDC	−0.0007%	4h	0.09143	−0.174%	$5K	$444K	10x	as long as short
MEXC ZAMA_USDT	+0.0004%	4h	0.09164	+0.055%	$2.5M	$4.9M	50x	as long as short
Binance ZAMAUSDT	+0.0004%	4h	0.09166	+0.075%	$17.8M	$140.0M	50x	as long as short
BloFin ZAMA-USDT	+0.0041%	4h	0.09165	+0.066%	$792K	$551K	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09172	+0.142%	$7.9M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09154	−0.055%	$5.3M	$95.4M	20x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09166	+0.076%	$804K	$1.7M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09172	+0.142%	$4.8M	$14.8M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.09167	+0.087%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09145	−0.157%	$1.1M	$293K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09105	−0.590%	—	$681K	20x	as long as short