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−0.0164%/8h= −18.0% APRnext payment $0.82 per $10,000 · paid last 24h −0.120%
Price spread now: Aster against edgeX−0.325%50s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2132.134% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.457%−$46 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.325%, 7d avg −0.033%
Together, before fees−0.341%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.291% cheaper against edgeX than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.033%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZAMAUSDC0.097690.0105pay 0.0052% / 4h18m 50s$5K$453K10x
ShortAster ZAMAUSDT0.09737−0.0060pay 0.0030% / 4h18m 50s$419K$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$34.51
Price spread: −0.325% → −0.033%
−$29.13
Slippage, 4 orders
−$196.37
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$277.01
Costs to cover
2.134%
Break-even
never at this rate
Slippage from edgeX: live order book, 40 min ago; Aster: live order book, 4 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 edgeX live order book, 40 min ago8.94 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 4 min ago12.27 bp88.1 bp −$88doesn't fitdoesn'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−0.0060%4h0.09737−0.325%$419K$2.0M20x
BloFin ZAMA-USDT+0.0059%4h0.09739−0.304%$867K$568K50xas long as short
Gate ZAMA_USDT+0.0084%4h0.09732−0.375%$981K$6.9M50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09724−0.454%$19.4M$132.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09733−0.365%$8.4M$25.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09727−0.426%$5.6M$96.8M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09727−0.426%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09736−0.334%$863K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09729−0.406%$5.0M$14.4M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09727−0.426%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09752−0.174%$1.1M$600Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09745−0.242%$744K20xas long as short
edgeX ZAMAUSDClong+0.0105%4h0.09769long leg$5K$453K10x