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

ZEREBRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.96 per $10,000 · paid last 24h +0.034%
Price spread now: Aster against BloFin+0.065%102s7-day average +0.008% · you sell dearer than you buy
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)+0.057%+$6 on $10k
Price spread, last 3 days (all we have)+0.419%+$42 · spread now +0.065%, 7d avg +0.008%
Together, before fees+0.476%+ Points / potential airdropAster: Stage 5 · farm board+$48 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aster is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.057% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEREBRO-USDT0.033870.0288pay 0.0144% / 4h2h 27m$265K$12K10x
ShortAster ZEREBROUSDT0.033890.0479get 0.0240% / 4h2h 27m$380K$22K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$40.15
Price spread: +0.065% → +0.008%
$5.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$25.8
Costs to cover
0.200%
Break-even
2.5 days
Slippage unknown: BloFin: live order book, 56 min ago; Aster: live order book, 59 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 BloFin live order book, 56 min ago1.49 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 59 min ago6.07 bp432.8 bp −$433doesn'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%4h0.03385−0.065%$5.2M$878K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03377−0.286%$450K$20K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03381−0.180%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03381−0.188%$109K$14Kas long as short
BloFin ZEREBRO-USDTlong+0.0288%4h0.03387long leg$265K$12K10x
BingX ZEREBRO-USDT+0.0327%4h0.03385−0.053%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0348%4h0.03388+0.035%$7.1M$127K50xas long as short
Binance ZEREBROUSDT+0.0350%4h0.03389+0.044%$4.6M$1.4M10xas long as short
Extended ZEREBRO-USD+0.0352%1h0.03389+0.047%$5K$169K5xas long as short
Aster ZEREBROUSDTshort+0.0479%4h0.03389+0.065%$380K$22K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+1.3622%1h0.03376−0.331%$3K$2K10xas long as short