Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.037%
Price spread now: MEXC against Aster+0.133%7-day average +0.010% · 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−$990as in the Price arb table
costs, in and out, $10k−$1,00310.025% of the position
Funding, last 5 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.133%, 7d avg +0.010%
=Together, before fees−0.134%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.122% dearer against Aster than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.010%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZEREBROUSDT | 0.03404 | 0.0326 | pay 0.0163% / 4h | 46m 26s | $382K | $19K | 5x |
| Short | MEXC ZEREBRO_USDT | 0.03408 | 0.0298 | get 0.0149% / 4h | 46m 26s | $7.1M | $125K | 50x |
Aster ZEREBROUSDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.95
- Price spread: +0.133% → +0.010%
- $12.24
- Slippage, 4 orders
- −$990.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$996.21
- Costs to cover
- 10.025%
- Break-even
- never at this rate
Slippage from Aster: live order book, 11 min ago; MEXC: live order book, 1 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, 11 min ago | 12.03 bp | 441.3 bp −$441 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 5.73 bp | 29.7 bp −$30 | 54.4 bp −$544 | 234.0 bp −$23.4K | 552.6 bp −$276.3K |
ZEREBRO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZEREBROUSDTM | +0.0016% | 4h | 0.03401 | −0.091% | $1.5M | $3.0M | 10x | as long as short |
| Kraken Futures PF_ZEREBROUSD | +0.0033% | 1h | 0.03402 | −0.049% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03400 | −0.111% | $5.3M | $922K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03397 | −0.196% | $459K | $22K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03396 | −0.231% | $108K | $15K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0246% | 4h | 0.03405 | +0.036% | $271K | $12K | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0296% | 1h | 0.03407 | +0.095% | $2K | $157K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0298% | 4h | 0.03408 | +0.133% | $7.1M | $125K | 50x | |
| Binance ZEREBROUSDT | +0.0299% | 4h | 0.03409 | +0.141% | $4.7M | $1.4M | 10x | as long as short |
| BingX ZEREBRO-USDT | +0.0318% | 4h | 0.03401 | −0.076% | — | $1.3M | — | as long as short |
KuCoin ZEREBROUSDTM
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDTlong | +0.0326% | 4h | 0.03404 | long leg | $382K | $19K | 5x |