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 OKX+0.057%7-day average 0.000% · 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−$77as in the Price arb table

costs, in and out, $10k−$830.826% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.438%−$44 on $10k

Price spread, last 7 days−0.170%−$17 · spread now +0.057%, 7d avg 0.000%

Together, before fees−0.608%+ Points / potential airdropAster: Stage 5 · farm board−$61 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 0.057% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZAMA-USDT-SWAP	0.09400	0.0100	pay 0.0050% / 4h	59m 32s	$5.4M	$81.3M	20x
Short	Aster ZAMAUSDT	0.09405	0.0100	get 0.0050% / 4h	59m 32s	$312K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → 0.000%: $5.7
Slippage, 4 orders: −$64.63
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$76.93
Costs to cover: 0.826%
Break-even: never at this rate

Slippage from OKX: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	1.07 bp	18.1 bp −$18	128.6 bp −$1,286	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	4.80 bp	19.3 bp −$19	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
Aster ZAMAUSDTshort	+0.0100%	4h	0.09405	+0.057%	$312K	$1.8M	20x
Binance ZAMAUSDT	+0.0100%	4h	0.09408	+0.085%	$18.5M	$113.7M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09416	+0.170%	$8.3M	$22.4M	25x	as long as short
OKX ZAMA-USDT-SWAPlong	+0.0100%	4h	0.09400	long leg	$5.4M	$81.3M	20x
Gate ZAMA_USDT	+0.0100%	4h	0.09401	+0.011%	$953K	$5.5M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09399	−0.011%	$2.7M	$4.0M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09402	+0.021%	$865K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09405	+0.053%	$4.8M	$11.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09399	−0.011%	—	$2.3M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09398	−0.023%	$1.1M	$583K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09397	−0.032%	—	$729K	20x	as long as short
BloFin ZAMA-USDT	+0.0100%	4h	0.09401	+0.011%	$813K	$497K	50x	as long as short
edgeX ZAMAUSDC	+0.0119%	4h	0.09406	+0.065%	$6K	$458K	10x	as long as short