Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.040%
Price spread now: BingX against Aster+0.044%7-day average −0.107% · 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−$893as in the Price arb table
costs, in and out, $10k−$9089.084% of the position
Funding, last 5 days (all we have)−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.044%, 7d avg −0.107%
=Together, before fees−0.308%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.151% dearer against Aster than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.107%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZEREBROUSDT | 0.03419 | 0.0523 | pay 0.0262% / 4h | 2h 29m | $383K | $23K | 5x |
| Short | BingX ZEREBRO-USDT | 0.03420 | 0.0470 | get 0.0235% / 4h | 2h 29m | — | $1.3M | — |
Aster ZEREBROUSDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.18
- Price spread: +0.044% → −0.107%
- $15.11
- Slippage, 4 orders
- −$890.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$904.5
- Costs to cover
- 9.084%
- Break-even
- never at this rate
Slippage from Aster: live order book, 38 min ago; BingX: live order book, 7 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, 38 min ago | 14.49 bp | 418.1 bp −$418 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.66 bp | 32.9 bp −$33 | 224.6 bp −$2,246 | 606.8 bp −$60.7K | 792.9 bp −$396.4K |
ZEREBRO on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0110% | 1h | 0.03416 | −0.084% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03416 | −0.065% | $5.3M | $893K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03418 | −0.012% | $461K | $22K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03419 | +0.020% | $1.5M | $3.0M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03415 | −0.103% | $109K | $15K | — | as long as short |
| BingX ZEREBRO-USDTshort | +0.0470% | 4h | 0.03420 | +0.044% | — | $1.3M | — | |
| Extended ZEREBRO-USD | +0.0488% | 1h | 0.03420 | +0.029% | $3K | $161K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0489% | 4h | 0.03420 | +0.058% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0490% | 4h | 0.03427 | +0.248% | $7.1M | $126K | 50x | as long as short |
| Aster ZEREBROUSDTlong | +0.0523% | 4h | 0.03419 | long leg | $383K | $23K | 5x |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
Binance ZEREBROUSDT
MEXC ZEREBRO_USDT