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+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h +0.120%
Price spread now: edgeX against Aster+0.193%50s7-day average +0.033% · you sell dearer than you buy
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)+0.016%+$2 · spread now +0.193%, 7d avg +0.033%
Together, before fees+0.473%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$47 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 edgeX is 0.160% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.033%. 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
LongAster ZAMAUSDT0.09750−0.0051get 0.0026% / 4h20m 42s$420K$2.0M20x
ShortedgeX ZAMAUSDC0.097690.0105get 0.0052% / 4h20m 42s$5K$453K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$32.73
Price spread: +0.193% → +0.033%
$15.96
Slippage, 4 orders
−$196.37
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$164.67
Costs to cover
2.134%
Break-even
42.2 days
Slippage from Aster: live order book, 3 min ago; edgeX: live order book, 38 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, 3 min ago12.27 bp92.8 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago8.94 bp17.5 bp −$18doesn'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 ZAMAUSDTlong−0.0051%4h0.09750long leg$420K$2.0M20x
BloFin ZAMA-USDT+0.0050%4h0.09757+0.074%$869K$571K50xas long as short
Gate ZAMA_USDT+0.0080%4h0.09743−0.070%$983K$6.9M50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09743−0.075%$19.4M$133.0M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09746−0.039%$8.4M$25.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09747−0.029%$5.6M$97.1M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09743−0.070%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09753+0.032%$865K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09747−0.029%$5.0M$14.5M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09742−0.080%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09752+0.019%$1.1M$600Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09750+0.002%$744K20xas long as short
edgeX ZAMAUSDCshort+0.0105%4h0.09769+0.193%$5K$453K10x