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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.065%7-day average +0.028% · 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 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.065%, 7d avg +0.028%
Together, before fees−0.192%−$19 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: Bybit is 0.037% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEREBRO_USDT0.033760.0100pay 0.0050% / 4h1h 53m$450K$20K10x
ShortBybit ZEREBROUSDT0.033780.0100get 0.0050% / 4h1h 53m$5.2M$873K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
Price spread: +0.065% → +0.028%
$3.75
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22.25
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 27 min ago; Bybit: live order book, 4 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 Gate live order book, 27 min ago33.60 bp1832.4 bp −$1,832doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.45 bp61.8 bp −$62224.4 bp −$2,244doesn'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−0.0778%1h0.03373−0.069%$3K$2K10xas long as short
Bybit ZEREBROUSDTshort+0.0100%4h0.03378+0.065%$5.2M$873K13x
Gate ZEREBRO_USDTlong+0.0100%4h0.03376long leg$450K$20K10x
KuCoin ZEREBROUSDTM+0.0100%4h0.03376+0.018%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03376+0.021%$108K$14Kas long as short
BingX ZEREBRO-USDT+0.0212%4h0.03382+0.190%$1.3Mas long as short
Extended ZEREBRO-USD+0.0224%1h0.03385+0.273%$5K$169K5xas long as short
MEXC ZEREBRO_USDT+0.0226%4h0.03386+0.305%$7.1M$126K50xas long as short
Binance ZEREBROUSDT+0.0237%4h0.03385+0.290%$4.6M$1.3M10xas long as short
BloFin ZEREBRO-USDT+0.0263%4h0.03381+0.172%$265K$12K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0364%4h0.03384+0.240%$380K$22K5xas long as short