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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0201%/8h= +22.0% APRnext payment +$1.00 per $10,000 · paid last 24h +0.120%
Price spread now: edgeX against Aster+0.102%60s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1371.369% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.457%+$46 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now +0.102%, 7d avg +0.033%
Together, before fees+0.564%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.068% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.09730−0.0088get 0.0044% / 4h0m 31s$419K$2.0M20x
ShortedgeX ZAMAUSDC0.097400.0113get 0.0056% / 4h0m 31s$5K$455K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$42.18
Price spread: +0.102% → +0.033%
$6.85
Slippage, 4 orders
−$119.91
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$87.88
Costs to cover
1.369%
Break-even
21.6 days
Slippage from Aster: live order book, 3 min ago; edgeX: live order book, 58 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, 3 min ago3.09 bp45.0 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 58 min ago8.94 bp17.5 bp −$18doesn't fitdoesn'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
Aster ZAMAUSDTlong−0.0088%4h0.09730long leg$419K$2.0M20x
Binance ZAMAUSDT+0.0100%4h0.09730+0.004%$19.4M$130.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09735+0.051%$8.3M$25.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09729−0.010%$5.6M$95.8M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09735+0.051%$988K$6.9M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09734+0.041%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09733+0.031%$862K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09736+0.062%$5.0M$14.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09736+0.062%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09744+0.142%$1.1M$598Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09743+0.134%$740K20xas long as short
edgeX ZAMAUSDCshort+0.0113%4h0.09740+0.102%$5K$455K10x
BloFin ZAMA-USDT+0.0120%4h0.09741+0.113%$854K$547K50xas long as short