Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.120%

Price spread now: OKX against Aster−0.080%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1451.447% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.429%+$43 on $10k

Price spread, last 7 days+0.048%+$5 · spread now −0.080%, 7d avg −0.004%

Together, before fees+0.476%+ Points / potential airdropAster: Stage 5 · farm board+$48 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: OKX is 0.075% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZAMAUSDT	0.1006	0.0100	pay 0.0050% / 4h	49m 20s	$326K	$1.9M	20x
Short	OKX ZAMA-USDT-SWAP	0.1005	0.0100	get 0.0050% / 4h	49m 20s	$5.9M	$100.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $0
Price spread: −0.080% → −0.004%: −$7.55
Slippage, 4 orders: −$126.73
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$152.28
Costs to cover: 1.447%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; OKX: live order book, 5 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 Aster live order book, 4 min ago	5.43 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.49 bp	18.0 bp −$18	110.9 bp −$1,109	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_USDT	+0.0060%	4h	0.1003	−0.259%	$1.0M	$6.7M	50x	as long as short
BloFin ZAMA-USDT	+0.0096%	4h	0.1012	+0.656%	$885K	$615K	50x	as long as short
Aster ZAMAUSDTlong	+0.0100%	4h	0.1006	long leg	$326K	$1.9M	20x
Binance ZAMAUSDT	+0.0100%	4h	0.1004	−0.189%	$20.2M	$133.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.1005	−0.080%	$8.7M	$25.7M	25x	as long as short
OKX ZAMA-USDT-SWAPshort	+0.0100%	4h	0.1005	−0.080%	$5.9M	$100.8M	20x
MEXC ZAMA_USDT	+0.0100%	4h	0.1003	−0.278%	$2.9M	$4.4M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.1004	−0.179%	$919K	$1.4M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.1005	−0.060%	$5.2M	$14.6M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.1004	−0.199%	—	$2.4M	—	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	0.1012	+0.579%	$1.2M	$598K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.1004	−0.219%	—	$736K	20x	as long as short
edgeX ZAMAUSDC	+0.0119%	4h	0.1016	+1.060%	$5K	$452K	10x	as long as short