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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against KuCoin−0.117%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,252as in the Price arb table
costs, in and out, $10k−$1,24812.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.054%+$5 · spread now −0.117%, 7d avg −0.079%
Together, before fees+0.082%+$8 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 0.038% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZEREBROUSDTM0.034250.0100pay 0.0050% / 4h21m 13s$1.5M$3.0M10x
ShortBybit ZEREBROUSDT0.034210.0100get 0.0050% / 4h21m 13s$5.3M$927K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: −0.117% → −0.079%
−$3.79
Slippage, 4 orders
−$1,225.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,252.03
Costs to cover
12.482%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 2 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 KuCoin live order book, 6 min ago14.64 bp636.6 bp −$637doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.83 bp41.5 bp −$42196.2 bp −$1,962doesn'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+0.0033%1h0.03426+0.022%$3K$2K10xas long as short
Bybit ZEREBROUSDTshort+0.0100%4h0.03421−0.117%$5.3M$927K13x
Gate ZEREBRO_USDT+0.0100%4h0.034250.000%$459K$24K10xas long as short
KuCoin ZEREBROUSDTMlong+0.0100%4h0.03425long leg$1.5M$3.0M10x
Variational Omni ZEREBRO+0.0100%4h0.03417−0.237%$109K$15Kas long as short
BingX ZEREBRO-USDT+0.0300%4h0.03423−0.058%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0320%4h0.03427+0.067%$7.1M$126K50xas long as short
BloFin ZEREBRO-USDT+0.0343%4h0.03430+0.134%$271K$12K10xas long as short
Extended ZEREBRO-USD+0.0344%1h0.03427+0.047%$917$154K5xas long as short
Binance ZEREBROUSDT+0.0345%4h0.03428+0.077%$4.7M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0384%4h0.03426+0.044%$384K$19K5xas long as short