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+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.039%
Price spread now: Aster against BingX−0.008%7-day average +0.108% · 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 5 days (all we have)+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.008%, 7d avg +0.108%
Together, before fees+0.147%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.116% cheaper against BingX than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.108%). If the spread goes back, that is −$12 on $10k: about 28 days of funding at the current rate ($0 a day). At the pace of the last 5 days (+0.073% in total) that is about 8.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEREBRO-USDT0.034290.0386pay 0.0193% / 4h1h 42m$1.3M
ShortAster ZEREBROUSDT0.034290.0400get 0.0200% / 4h1h 42m$384K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$2.89
Price spread: −0.008% → +0.108%
−$11.61
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.73
Costs to cover
0.180%
Break-even
71.8 days
Slippage unknown: BingX: live order book, 3 min ago; Aster: live order book, 20 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 BingX live order book, 3 min ago4.09 bp32.2 bp −$32299.2 bp −$2,992564.1 bp −$56.4K727.4 bp −$363.7K
Sell Aster live order book, 20 min ago15.30 bp441.2 bp −$441doesn'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
Kraken Futures PF_ZEREBROUSD−0.0116%1h0.03421−0.239%$3K$2K10xas long as short
KuCoin ZEREBROUSDTM+0.0008%4h0.03421−0.227%$1.5M$3.0M10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03425−0.117%$5.3M$913K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03420−0.274%$462K$23K10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03416−0.379%$109K$15Kas long as short
BloFin ZEREBRO-USDT+0.0345%4h0.03427−0.041%$274K$12K10xas long as short
Binance ZEREBROUSDT+0.0358%4h0.03431+0.064%$4.7M$1.4M10xas long as short
Extended ZEREBRO-USD+0.0360%1h0.03430+0.037%$3K$152K5xas long as short
MEXC ZEREBRO_USDT+0.0360%4h0.03431+0.076%$7.2M$125K50xas long as short
BingX ZEREBRO-USDTlong+0.0386%4h0.03429long leg$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTshort+0.0400%4h0.03429−0.008%$384K$20K5x