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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.037%
Price spread now: Aster against Binance−0.164%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$923as in the Price arb table
costs, in and out, $10k−$9079.065% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.164%, 7d avg +0.003%
Together, before fees+0.214%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.167% cheaper against Binance than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.003%). If the spread goes back, that is −$17 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZEREBROUSDT0.034220.0489pay 0.0244% / 4h2h 29m$4.7M$1.4M10x
ShortAster ZEREBROUSDT0.034170.0523get 0.0262% / 4h2h 29m$383K$23K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$7.19
Price spread: −0.164% → +0.003%
−$16.7
Slippage, 4 orders
−$888.53
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$916.04
Costs to cover
9.065%
Break-even
899.3 days
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 38 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 Binance live order book, 8 min ago4.84 bp35.5 bp −$35443.2 bp −$4,432doesn't fitdoesn't fit
Sell Aster live order book, 38 min ago14.49 bp417.3 bp −$417doesn't fitdoesn't fitdoesn't fit

ZEREBRO on 10 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
Kraken Futures PF_ZEREBROUSD−0.0110%1h0.03422−0.018%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03418−0.129%$5.3M$893K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03418−0.126%$461K$22K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03419−0.094%$1.5M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03415−0.217%$109K$15Kas long as short
BingX ZEREBRO-USDT+0.0470%4h0.03420−0.070%$1.3Mas long as short
Extended ZEREBRO-USD+0.0488%1h0.03427+0.125%$3K$161K5xas long as short
Binance ZEREBROUSDTlong+0.0489%4h0.03422long leg$4.7M$1.4M10x
MEXC ZEREBRO_USDT+0.0490%4h0.03427+0.134%$7.1M$126K50xas long as short
Aster ZEREBROUSDTshort+0.0523%4h0.03417−0.164%$383K$23K5x