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−0.0349%/8h= −38.2% APRnext payment $1.75 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against Aster−0.349%7-day average −0.145% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.208%−$21 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.349%, 7d avg −0.145%
Together, before fees−0.020%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.204% cheaper against Aster than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.145%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034000.0459pay 0.0230% / 4h38m 34s$381K$41K5x
ShortKuCoin ZEREBROUSDTM0.033880.0110get 0.0055% / 4h38m 34s$1.4M$2.9M10x

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
−$73.33
Price spread: −0.349% → −0.145%
−$20.44
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$113.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 64 min ago; KuCoin: live order book, 9 min ago. Net counts fees only.

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, 64 min ago11.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago5.32 bp560.1 bp −$560doesn'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%4h0.03388−0.361%$5.2M$917K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03386−0.420%$454K$25K10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03394−0.189%$108K$15Kas long as short
KuCoin ZEREBROUSDTMshort+0.0110%4h0.03388−0.349%$1.4M$2.9M10x
Kraken Futures PF_ZEREBROUSD+0.0279%1h0.03386−0.406%$3K$2K10xas long as short
BingX ZEREBRO-USDT+0.0410%4h0.03393−0.214%$1.3Mas long as short
BloFin ZEREBRO-USDT+0.0422%4h0.03397−0.099%$270K$12K10xas long as short
MEXC ZEREBRO_USDT+0.0454%4h0.03390−0.317%$7.1M$126K50xas long as short
Binance ZEREBROUSDT+0.0456%4h0.03390−0.308%$4.6M$1.5M10xas long as short
Extended ZEREBRO-USD+0.0456%1h0.03390−0.291%$3K$221K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTlong+0.0459%4h0.03400long leg$381K$41K5x