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−0.0156%/8h= −17.1% APRpaid last 24h −0.062%
Price spread now: KuCoin against Extended−0.316%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,455as in the Price arb table
costs, in and out, $10k−$1,43514.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$17 on $10k
Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.316%, 7d avg −0.109%
Together, before fees+0.124%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.207% cheaper against Extended than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.109%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEREBRO-USD0.033590.0256pay 0.0032% / 1h26m 48s$2K$224K5x
ShortKuCoin ZEREBROUSDTM0.033480.0100get 0.0050% / 4h3h 26m$1.4M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$32.76
Price spread: −0.316% → −0.109%
−$20.66
Slippage, 4 orders
−$1,417.72
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,488.14
Costs to cover
14.347%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago6.11 bp91.8 bp −$92777.5 bp −$7,775doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago6.10 bp511.4 bp −$511doesn'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−0.0136%1h0.03352−0.193%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03353−0.155%$5.2M$898K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03349−0.280%$449K$25K10xas long as short
KuCoin ZEREBROUSDTMshort+0.0100%4h0.03348−0.316%$1.4M$2.9M10x
Variational Omni ZEREBRO+0.0100%4h0.03348−0.302%$107K$15Kas long as short
Aster ZEREBROUSDT+0.0240%4h0.03362+0.110%$377K$40K5xas long as short
Extended ZEREBRO-USDlong+0.0256%1h0.03359long leg$2K$224K5x
Binance ZEREBROUSDT+0.0256%4h0.03362+0.113%$4.6M$1.5M10xas long as short
MEXC ZEREBRO_USDT+0.0260%4h0.03360+0.044%$7.0M$132K50xas long as short
BingX ZEREBRO-USDT+0.0276%4h0.03358−0.018%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZEREBRO-USDT+0.0302%4h0.03358−0.006%$272K$12K10xas long as short