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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.032%
Price spread now: BloFin against Aster+0.114%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$888as in the Price arb table
costs, in and out, $10k−$9009.002% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.058%−$6 on $10k
Price spread, last 4 days (all we have)−0.421%−$42 · spread now +0.114%, 7d avg −0.004%
Together, before fees−0.479%+ Points / potential airdropAster: Stage 5 · farm board−$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.118% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 6 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034210.0232pay 0.0116% / 4h2h 55m$384K$19K5x
ShortBloFin ZEREBRO-USDT0.034250.0260get 0.0130% / 4h2h 55m$275K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.02
Price spread: +0.114% → −0.004%
$11.82
Slippage, 4 orders
−$880.2
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$882.36
Costs to cover
9.002%
Break-even
1033.7 days
Slippage from Aster: live order book, 57 min ago; BloFin: live order book, 27 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, 57 min ago15.56 bp410.3 bp −$410doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago0.44 bp30.7 bp −$31doesn't fitdoesn't fitdoesn't fit

ZEREBRO on 11 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
Bybit ZEREBROUSDT+0.0100%4h0.03419−0.056%$5.3M$943K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03417−0.132%$458K$24K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03418−0.085%$1.5M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03421+0.006%$109K$15Kas long as short
BingX ZEREBRO-USDT+0.0192%4h0.03423+0.056%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0200%4h0.03425+0.120%$7.1M$124K50xas long as short
Binance ZEREBROUSDT+0.0229%4h0.03425+0.114%$4.7M$1.4M10xas long as short
Aster ZEREBROUSDTlong+0.0232%4h0.03421long leg$384K$19K5x
Extended ZEREBRO-USD+0.0232%1h0.03424+0.087%$979$227K5xas long as short
BloFin ZEREBRO-USDTshort+0.0260%4h0.03425+0.114%$275K$12K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0546%1h0.03422+0.031%$3K$2K10xas long as short