Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0796%/8h= +87.2% APRnext payment +$3.98 per $10,000 · paid last 24h +0.131%
Price spread now: Bybit against Aster+0.052%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1861.855% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.499%+$50 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.052%, 7d avg +0.081%
Together, before fees+0.742%+ Points / potential airdropAster: Stage 5 · farm board+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.029% cheaper against Aster than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.081%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$24 a day). At the pace of the last 5 days (+0.499% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.09019−0.0696get 0.0348% / 4h2h 57m$224K$2.0M20x
ShortBybit ZAMAUSDT0.090240.0100get 0.0050% / 4h2h 57m$7.7M$26.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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

Funding earned
$167.26
Price spread: +0.052% → +0.081%
−$2.9
Slippage, 4 orders
−$166.52
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.17
Costs to cover
1.855%
Break-even
7.9 days
Slippage from Aster: live order book, just now; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, just now4.44 bp96.2 bp −$961448.4 bp −$14.5Kdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.11 bp16.2 bp −$1689.2 bp −$892doesn't fitdoesn't fit

ZAMA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZAMA_USDT−0.1312%4h0.09010−0.103%$863K$7.4M50xas long as short
Aster ZAMAUSDTlong−0.0696%4h0.09019long leg$224K$2.0M20x
Binance ZAMAUSDT−0.0019%4h0.09010−0.103%$17.5M$140.2M50xas long as short
MEXC ZAMA_USDT−0.0018%4h0.09011−0.092%$2.5M$4.7M50xas long as short
edgeX ZAMAUSDC−0.0009%4h0.09009−0.113%$5K$444K10xas long as short
BloFin ZAMA-USDT−0.0001%4h0.09019−0.003%$772K$563K50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09024+0.052%$7.7M$26.5M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09012−0.081%$5.1M$94.3M20xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09031+0.130%$783K$1.7M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09020+0.008%$4.7M$14.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDT+0.0100%4h0.09016−0.036%$2.5Mas long as short
Variational Omni ZAMA+0.0100%4h0.09040+0.231%$954K$426Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09017−0.025%$686K20xas long as short