ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0590%/8h= −64.6% APRnext payment −$2.95 per $10,000 · paid last 24h −0.080%

Price spread now: Gate against KuCoin+0.032%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$232as in the Funding arb table

Net, price: spread back to 7d avg − costs−$206as in the Price arb table

costs, in and out, $10k−$2152.152% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.032%, 7d avg −0.061%

Together, before fees−0.323%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.092% dearer against KuCoin than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.061%): +$9 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.164% in total) that is about 3.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.95 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	KuCoin ZAMAUSDTM	0.09479	0.0100	pay 0.0050% / 4h	3h 00m	$866K	$1.5M	50x
Short	Gate ZAMA_USDT	0.09482	−0.0490	pay 0.0245% / 4h	3h 00m	$930K	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.032%Rate

Funding earned: −$123.9
Price spread: +0.032% → −0.061%: $9.22
Slippage, 4 orders: −$188.18
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$329.86
Costs to cover: 2.152%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	7.75 bp	48.4 bp −$48	173.0 bp −$1,730	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	4.16 bp	55.3 bp −$55	174.5 bp −$1,745	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	−0.0490%	4h	0.09482	+0.032%	$930K	$7.3M	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09478	−0.013%	$229K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09475	−0.042%	$18.9M	$135.6M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09483	+0.042%	$7.8M	$26.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09474	−0.053%	$5.6M	$97.7M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09475	−0.042%	$2.9M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09479	long leg	$866K	$1.5M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09493	+0.148%	$5.0M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09490	+0.116%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09534	+0.578%	$999K	$468K	—	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	0.09533	+0.570%	—	$715K	20x	as long as short
edgeX ZAMAUSDC	+0.0102%	4h	0.09626	+1.553%	$5K	$447K	10x	as long as short
BloFin ZAMA-USDT	+0.0115%	4h	0.09484	+0.053%	$826K	$586K	50x	as long as short