ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against KuCoin−0.500%65s7-day average −0.204% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as 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−$1401.396% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.500%, 7d avg −0.204%

Together, before fees+0.449%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.297% cheaper against KuCoin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.204%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.221%, so the current rate has only just turned against you. 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	KuCoin ZAMAUSDTM	0.09591	0.0100	pay 0.0050% / 4h	1h 40m	$871K	$1.2M	50x
Short	BloFin ZAMA-USDT	0.09543	0.0066	get 0.0033% / 4h	1h 40m	$847K	$512K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.500%Rate

Funding earned: −$7.1
Price spread: −0.500% → −0.204%: −$29.67
Slippage, 4 orders: −$115.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$176.36
Costs to cover: 1.396%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 47 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 KuCoin live order book, 5 min ago	9.31 bp	45.3 bp −$45	171.8 bp −$1,718	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	3.66 bp	16.9 bp −$17	49.9 bp −$499	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
BloFin ZAMA-USDTshort	+0.0066%	4h	0.09543	−0.500%	$847K	$512K	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09579	−0.122%	$320K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09596	+0.052%	$19.1M	$117.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09595	+0.042%	$8.3M	$22.9M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09594	+0.031%	$5.5M	$85.1M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09587	−0.042%	$977K	$5.6M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09595	+0.042%	$2.9M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09591	long leg	$871K	$1.2M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09591	0.000%	$4.9M	$11.8M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09596	+0.052%	—	$2.4M	—	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	0.09552	−0.408%	$1.1M	$576K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09572	−0.198%	—	$729K	20x	as long as short
edgeX ZAMAUSDC	+0.0115%	4h	0.09665	+0.769%	$6K	$458K	10x	as long as short