ZAMA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: BloFin against MEXC−0.619%94s7-day average −0.134% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as 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−$600.602% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.225%+$23 on $10k

Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.619%, 7d avg −0.134%

Together, before fees+0.647%+$65 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.485% cheaper against MEXC than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of −0.134%. The two prices were read 94 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	MEXC ZAMA_USDT	0.09532	0.0100	pay 0.0050% / 4h	55m 37s	$2.8M	$4.0M	50x
Short	BloFin ZAMA-USDT	0.09473	0.0099	get 0.0050% / 4h	55m 37s	$820K	$500K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.619%Rate

Funding earned: −$0.11
Price spread: −0.619% → −0.134%: −$48.53
Slippage, 4 orders: −$40.18
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$108.82
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 26 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 MEXC live order book, 2 min ago	0.53 bp	6.0 bp −$6	15.7 bp −$157	365.1 bp −$36.5K	doesn't fit
Sell BloFin live order book, 26 min ago	9.44 bp	25.7 bp −$26	54.6 bp −$546	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	+0.0099%	4h	0.09473	−0.619%	$820K	$500K	50x
Aster ZAMAUSDT	+0.0100%	4h	0.09535	+0.028%	$316K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09549	+0.178%	$18.8M	$113.3M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09538	+0.063%	$8.3M	$22.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09545	+0.136%	$5.4M	$82.3M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09538	+0.063%	$974K	$5.6M	50x	as long as short
MEXC ZAMA_USDTlong	+0.0100%	4h	0.09532	long leg	$2.8M	$4.0M	50x
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09526	−0.063%	$877K	$1.1M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09540	+0.084%	$4.9M	$11.1M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09544	+0.126%	—	$2.3M	—	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	0.09502	−0.312%	$1.1M	$583K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09538	+0.063%	—	$727K	20x	as long as short
edgeX ZAMAUSDC	+0.0119%	4h	0.09461	−0.740%	$6K	$454K	10x	as long as short