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+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.131%
Price spread now: KuCoin against Aster+0.043%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1881.876% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.459%+$46 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.043%, 7d avg +0.014%
Together, before fees+0.449%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.028% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.09407−0.0182get 0.0091% / 4h50m 53s$227K$1.9M20x
ShortKuCoin ZAMAUSDTM0.094110.0100get 0.0050% / 4h50m 53s$812K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$59.31
Price spread: +0.043% → +0.014%
$2.8
Slippage, 4 orders
−$167.64
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$125.53
Costs to cover
1.876%
Break-even
21.8 days
Slippage from Aster: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago3.22 bp52.8 bp −$531187.4 bp −$11.9Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago5.92 bp59.8 bp −$60181.6 bp −$1,816doesn'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−0.0240%4h0.09406−0.011%$946K$7.3M50xas long as short
Aster ZAMAUSDTlong−0.0182%4h0.09407long leg$227K$1.9M20x
BloFin ZAMA-USDT+0.0083%4h0.09420+0.138%$809K$578K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09405−0.021%$18.6M$138.2M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09403−0.043%$7.8M$26.4M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09395−0.128%$5.4M$98.3M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09406−0.011%$2.8M$4.6M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09411+0.043%$812K$1.6M50x
Bitget ZAMAUSDT+0.0100%4h0.09415+0.085%$5.0M$14.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09406−0.011%$2.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09302−1.114%$965K$442Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09360−0.500%$701K20xas long as short
edgeX ZAMAUSDC+0.0118%4h0.09274−1.414%$5K$442K10xas long as short