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+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.118%
Price spread now: KuCoin against Aster+0.064%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1911.911% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.459%+$46 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.064%, 7d avg +0.014%
Together, before fees+0.428%+ Points / potential airdropAster: Stage 5 · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.049% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZAMAUSDT0.094200.0030pay 0.0015% / 4h3h 50m$227K$1.9M20x
ShortKuCoin ZAMAUSDTM0.094260.0100get 0.0050% / 4h3h 50m$856K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$14.76
Price spread: +0.064% → +0.014%
$4.92
Slippage, 4 orders
−$171.15
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$171.47
Costs to cover
1.911%
Break-even
88.3 days
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 5 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 ago5.29 bp61.0 bp −$611073.8 bp −$10.7Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago7.91 bp52.9 bp −$53152.4 bp −$1,524doesn'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_USDT−0.0790%4h0.09414−0.064%$925K$7.2M50xas long as short
Aster ZAMAUSDTlong+0.0030%4h0.09420long leg$227K$1.9M20x
BloFin ZAMA-USDT+0.0095%4h0.09425+0.053%$825K$584K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09414−0.060%$18.8M$136.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09421+0.011%$7.8M$26.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09415−0.053%$5.5M$97.6M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09417−0.032%$3.0M$4.5M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09426+0.064%$856K$1.5M50x
Bitget ZAMAUSDT+0.0100%4h0.09433+0.138%$4.9M$14.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09426+0.064%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09430+0.107%$982K$447Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09428+0.085%$710K20xas long as short
edgeX ZAMAUSDC+0.0102%4h0.09469+0.519%$5K$444K10xas long as short