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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.004%
Price spread now: Extended against BloFin+0.193%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2472.470% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+1.085%+$109 · spread now +0.193%, 7d avg −0.028%
Together, before fees+1.060%+ Points / potential airdropExtended: Active · farm board+$106 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.221% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEREBRO-USDT0.033780.0272pay 0.0136% / 4h3h 46m$272K$12K10x
ShortExtended ZEREBRO-USD0.033840.0328get 0.0041% / 1h46m 21s$2K$227K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$11.67
Price spread: +0.193% → −0.028%
$22.12
Slippage, 4 orders
−$229.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$213.19
Costs to cover
2.470%
Break-even
134.9 days
Slippage from BloFin: live order book, 20 min ago; Extended: live order book, 50 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 BloFin live order book, 20 min ago1.77 bp21.9 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 50 min ago4.14 bp98.1 bp −$98doesn'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−0.0135%1h0.03375−0.077%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03377−0.021%$5.2M$903K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03376−0.047%$452K$25K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03377−0.030%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03376−0.037%$107K$15Kas long as short
BloFin ZEREBRO-USDTlong+0.0272%4h0.03378long leg$272K$12K10x
Aster ZEREBROUSDT+0.0319%4h0.03387+0.286%$380K$40K5xas long as short
BingX ZEREBRO-USDT+0.0322%4h0.03379+0.038%$1.3Mas long as short
Extended ZEREBRO-USDshort+0.0328%1h0.03384+0.193%$2K$227K5x
MEXC ZEREBRO_USDT+0.0330%4h0.03388+0.290%$7.1M$128K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZEREBROUSDT+0.0332%4h0.03388+0.293%$4.6M$1.5M10xas long as short