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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h −0.059%
Price spread now: Aster against Gate+0.144%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1771.765% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.267%−$27 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.144%, 7d avg +0.046%
Together, before fees−0.436%+ Points / potential airdropAster: Stage 5 · farm board−$44 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 Aster is 0.098% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.046%. Mind the row above: over the last 5 days funding on this pair cost −0.267%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.09010−0.0758get 0.0379% / 4h2h 09m$862K$7.4M50x
ShortAster ZAMAUSDT0.09023−0.0602pay 0.0301% / 4h2h 09m$217K$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
$32.84
Price spread: +0.144% → +0.046%
$9.78
Slippage, 4 orders
−$153.52
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$133.9
Costs to cover
1.765%
Break-even
35.5 days
Slippage from Gate: live order book, 4 min ago; Aster: live order book, 3 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, 4 min ago3.88 bp49.7 bp −$50166.2 bp −$1,662doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago3.88 bp20.9 bp −$21doesn'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
Gate ZAMA_USDTlong−0.0758%4h0.09010long leg$862K$7.4M50x
Aster ZAMAUSDTshort−0.0602%4h0.09023+0.144%$217K$1.9M20x
edgeX ZAMAUSDC+0.0015%4h0.09002−0.093%$5K$445K10xas long as short
MEXC ZAMA_USDT+0.0024%4h0.09013+0.033%$2.5M$4.7M50xas long as short
Binance ZAMAUSDT+0.0031%4h0.090100.000%$17.5M$139.4M50xas long as short
BloFin ZAMA-USDT+0.0040%4h0.09020+0.111%$772K$564K50xas long as short
KuCoin ZAMAUSDTM+0.0082%4h0.09022+0.133%$783K$1.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09024+0.155%$7.6M$26.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09017+0.078%$5.1M$94.5M20xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09018+0.089%$4.7M$14.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDT+0.0100%4h0.09016+0.067%$2.5Mas long as short
Variational Omni ZAMA+0.0100%4h0.09038+0.308%$956K$424Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09023+0.144%$693K20xas long as short