Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.100%

Price spread now: Aster against KuCoin+0.073%7-day average −0.034% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$221as in the Price arb table

costs, in and out, $10k−$2322.321% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.473%−$47 on $10k

Price spread, last 7 days−0.160%−$16 · spread now +0.073%, 7d avg −0.034%

Together, before fees−0.633%+ Points / potential airdropAster: Stage 5 · farm board−$63 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: Aster is 0.107% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZAMAUSDTM	0.09372	0.0100	pay 0.0050% / 4h	1h 07m	$858K	$1.2M	50x
Short	Aster ZAMAUSDT	0.09379	0.0100	get 0.0050% / 4h	1h 07m	$312K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → −0.034%: $10.68
Slippage, 4 orders: −$212.14
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$221.46
Costs to cover: 2.321%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Aster: live order book, 1 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 KuCoin live order book, 3 min ago	11.25 bp	55.5 bp −$55	187.1 bp −$1,871	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	3.73 bp	65.2 bp −$65	doesn't fit	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
BloFin ZAMA-USDT	+0.0041%	4h	0.09381	+0.096%	$821K	$497K	50x	as long as short
Aster ZAMAUSDTshort	+0.0100%	4h	0.09379	+0.073%	$312K	$1.8M	20x
Binance ZAMAUSDT	+0.0100%	4h	0.09385	+0.137%	$18.5M	$114.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09388	+0.171%	$8.2M	$22.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09387	+0.160%	$5.4M	$81.4M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09351	−0.224%	$944K	$5.7M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09368	−0.043%	$2.7M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTMlong	+0.0100%	4h	0.09372	long leg	$858K	$1.2M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09384	+0.128%	$4.8M	$11.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09361	−0.117%	—	$2.3M	—	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	0.09386	+0.147%	$1.1M	$578K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09373	+0.011%	—	$728K	20x	as long as short
edgeX ZAMAUSDC	+0.0107%	4h	0.09339	−0.354%	$5K	$455K	10x	as long as short