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+0.0156%/8h= +17.0% APRnext payment +$0.78 per $10,000 · paid last 24h +0.120%
Price spread now: Bybit against Aster+0.251%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1831.830% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.504%+$50 on $10k
Price spread, last 7 days−0.258%−$26 · spread now +0.251%, 7d avg +0.080%
Together, before fees+0.246%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.172% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.09760−0.0056get 0.0028% / 4h23m 26s$419K$2.0M20x
ShortBybit ZAMAUSDT0.097850.0100get 0.0050% / 4h23m 26s$8.4M$25.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$32.69
Price spread: +0.251% → +0.080%
$17.17
Slippage, 4 orders
−$164.04
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$133.17
Costs to cover
1.830%
Break-even
35.5 days
Slippage from Aster: live order book, 5 min ago; Bybit: 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, 5 min ago4.08 bp42.8 bp −$43213.9 bp −$2,139doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.51 bp36.4 bp −$3690.1 bp −$901doesn'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−0.0056%4h0.09760long leg$419K$2.0M20x
Gate ZAMA_USDT+0.0072%4h0.09775+0.149%$987K$6.8M50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09775+0.149%$19.5M$133.2M50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09785+0.251%$8.4M$25.6M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09782+0.221%$5.6M$97.5M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09775+0.149%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09753−0.077%$865K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09783+0.231%$5.1M$14.5M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09777+0.169%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09752−0.090%$1.1M$600Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09775+0.149%$745K20xas long as short
edgeX ZAMAUSDC+0.0110%4h0.09706−0.558%$5K$452K10xas long as short
BloFin ZAMA-USDT+0.0137%4h0.09697−0.650%$863K$566K50xas long as short