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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0258%/8h= +28.3% APRnext payment +$1.29 per $10,000 · paid last 24h +0.100%
Price spread now: Bybit against Aster+0.230%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−$191as in the Price arb table
costs, in and out, $10k−$2072.065% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.504%+$50 on $10k
Price spread, last 7 days−0.236%−$24 · spread now +0.230%, 7d avg +0.080%
Together, before fees+0.267%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.150% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.09570−0.0158get 0.0079% / 4h3h 52m$412K$1.9M20x
ShortBybit ZAMAUSDT0.095920.0100get 0.0050% / 4h3h 52m$8.3M$25.2M25x

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
$54.22
Price spread: +0.230% → +0.080%
$15.03
Slippage, 4 orders
−$187.5
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$137.25
Costs to cover
2.065%
Break-even
24.7 days
Slippage from Aster: live order book, 6 min ago; Bybit: live order book, 1 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, 6 min ago7.71 bp60.5 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.52 bp44.8 bp −$45117.8 bp −$1,178doesn'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−0.0158%4h0.09570long leg$412K$1.9M20x
Gate ZAMA_USDT−0.0142%4h0.09582+0.125%$961K$6.1M50xas long as short
BloFin ZAMA-USDT+0.0083%4h0.09555−0.157%$844K$527K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09581+0.111%$19.0M$129.4M50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09592+0.230%$8.3M$25.2M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09587+0.178%$5.5M$94.0M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09580+0.104%$2.6M$4.3M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09582+0.125%$855K$1.3M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09589+0.199%$4.9M$14.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09586+0.167%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09679+1.137%$1.1M$598Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09579+0.094%$739K20xas long as short
edgeX ZAMAUSDC+0.0113%4h0.09672+1.062%$5K$453K10xas long as short