Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.118%

Price spread now: Bitget against Aster+0.013%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−$89as in the Price arb table

costs, in and out, $10k−$940.942% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.470%+$47 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.013%, 7d avg −0.034%

Together, before fees+0.482%+ Points / potential airdropAster: Stage 5 · farm board+$48 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: Bitget is 0.047% dearer against Aster than usual: you sell high and buy low, +$5 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	Aster ZAMAUSDT	0.09660	0.0100	pay 0.0050% / 4h	3h 08m	$234K	$1.9M	20x
Short	Bitget ZAMAUSDT	0.09661	0.0100	get 0.0050% / 4h	3h 08m	$5.1M	$14.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.034%: $4.72
Slippage, 4 orders: −$74.19
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$89.48
Costs to cover: 0.942%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 5 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 Aster live order book, 5 min ago	5.76 bp	14.2 bp −$14	863.2 bp −$8,632	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.57 bp	14.5 bp −$14	60.3 bp −$603	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
Gate ZAMA_USDT	−0.0582%	4h	0.09648	−0.122%	$949K	$7.3M	50x	as long as short
BloFin ZAMA-USDT	+0.0088%	4h	0.09680	+0.210%	$848K	$593K	50x	as long as short
Aster ZAMAUSDTlong	+0.0100%	4h	0.09660	long leg	$234K	$1.9M	20x
Binance ZAMAUSDT	+0.0100%	4h	0.09655	−0.050%	$19.3M	$135.3M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09659	−0.008%	$8.0M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09656	−0.039%	$5.6M	$99.6M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09649	−0.111%	$2.9M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09656	−0.039%	$882K	$1.5M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09661	+0.013%	$5.1M	$14.5M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09653	−0.070%	—	$2.4M	—	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	0.09594	−0.681%	$1.0M	$466K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09687	+0.282%	—	$714K	20x	as long as short
edgeX ZAMAUSDC	+0.0110%	4h	0.09573	−0.898%	$5K	$445K	10x	as long as short