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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.011%
Price spread now: Binance against Extended−0.023%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2662.656% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.023%, 7d avg +0.035%
Together, before fees+0.114%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEREBRO-USD0.034280.0200pay 0.0025% / 1h55m 47s$979$227K5x
ShortBinance ZEREBROUSDT0.034270.0201get 0.0100% / 4h2h 55m$4.7M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
$0.13
Price spread: −0.023% → +0.035%
−$5.86
Slippage, 4 orders
−$250.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$271.29
Costs to cover
2.656%
Break-even
15078.7 days
Slippage from Extended: live order book, 55 min ago; Binance: live order book, 11 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 Extended live order book, 55 min ago6.72 bp83.4 bp −$83745.3 bp −$7,453doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.50 bp34.5 bp −$34284.7 bp −$2,847doesn'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%4h0.03420−0.233%$5.3M$943K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03415−0.376%$458K$24K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03417−0.300%$1.5M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03421−0.184%$109K$15Kas long as short
MEXC ZEREBRO_USDT+0.0184%4h0.03428+0.020%$7.2M$124K50xas long as short
BingX ZEREBRO-USDT+0.0192%4h0.03422−0.178%$1.3Mas long as short
Extended ZEREBRO-USDlong+0.0200%1h0.03428long leg$979$227K5x
Binance ZEREBROUSDTshort+0.0201%4h0.03427−0.023%$4.7M$1.4M10x
BloFin ZEREBRO-USDT+0.0217%4h0.03423−0.149%$275K$12K10xas long as short
Aster ZEREBROUSDT+0.0232%4h0.03421−0.190%$384K$19K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0546%1h0.03423−0.140%$3K$2K10xas long as short