ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0398%/8h= +43.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.070%

Price spread now: MEXC against Gate+0.022%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 7 days+0.022%+$2 · spread now +0.022%, 7d avg +0.002%

Together, before fees+0.163%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$12 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 0.141% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 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	0.09259	−0.0298	get 0.0149% / 4h	1h 05m	$900K	$7.4M	50x
Short	MEXC ZAMA_USDT	0.09261	0.0100	get 0.0050% / 4h	1h 05m	$2.7M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.022%Rate

Funding earned: $83.58
Price spread: +0.022% → +0.002%: $1.95
Slippage, 4 orders: −$88.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$26.26
Costs to cover: 1.118%
Break-even: 9.2 days

Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 7 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	4.86 bp	48.9 bp −$49	187.8 bp −$1,878	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	1.08 bp	8.8 bp −$9	17.3 bp −$173	406.1 bp −$40.6K	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	−0.0298%	4h	0.09259	long leg	$900K	$7.4M	50x
Aster ZAMAUSDT	−0.0264%	4h	0.09263	+0.043%	$224K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09262	+0.032%	$18.3M	$138.5M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09266	+0.076%	$7.7M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09258	−0.011%	$5.3M	$96.8M	20x	as long as short
MEXC ZAMA_USDTshort	+0.0100%	4h	0.09261	+0.022%	$2.7M	$4.6M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09268	+0.097%	$797K	$1.7M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09262	+0.032%	$4.9M	$14.8M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09260	+0.011%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09276	+0.186%	$961K	$443K	—	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	0.09266	+0.076%	—	$700K	20x	as long as short
edgeX ZAMAUSDC	+0.0111%	4h	0.09263	+0.047%	$5K	$443K	10x	as long as short
BloFin ZAMA-USDT	+0.0143%	4h	0.09255	−0.043%	$799K	$568K	50x	as long as short