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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0215%/8h= −23.5% APRnext payment $1.07 per $10,000 · paid last 24h −0.026%
Price spread now: Aster against Gate−0.010%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1891.887% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.266%−$27 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.010%, 7d avg +0.043%
Together, before fees−0.201%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.053% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.096720.0100pay 0.0050% / 4h3h 33m$970K$6.1M50x
ShortAster ZAMAUSDT0.09671−0.0115pay 0.0057% / 4h3h 33m$417K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$45.15
Price spread: −0.010% → +0.043%
−$5.32
Slippage, 4 orders
−$165.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$239.14
Costs to cover
1.887%
Break-even
never at this rate
Slippage from Gate: live order book, just now; Aster: 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 Gate live order book, just now5.69 bp42.8 bp −$43168.2 bp −$1,682doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago4.66 bp59.4 bp −$59162.8 bp −$1,628doesn'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 ZAMAUSDTshort−0.0115%4h0.09671−0.010%$417K$1.9M20x
Binance ZAMAUSDT+0.0100%4h0.09674+0.021%$19.1M$126.8M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09673+0.010%$8.3M$24.8M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09670−0.021%$5.6M$93.1M20xas long as short
Gate ZAMA_USDTlong+0.0100%4h0.09672long leg$970K$6.1M50x
MEXC ZAMA_USDT+0.0100%4h0.096720.000%$2.7M$4.3M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.096720.000%$871K$1.3M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09671−0.010%$5.0M$13.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.096720.000%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09686+0.143%$1.1M$599Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09677+0.052%$733K20xas long as short
edgeX ZAMAUSDC+0.0115%4h0.09683+0.115%$5K$455K10xas long as short
BloFin ZAMA-USDT+0.0144%4h0.09673+0.010%$839K$519K50xas long as short