ZEREBRO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.072%

Price spread now: BingX against Variational Omni+0.245%7-day average +0.118% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.086%+$9 on $10k

Price spread, last 3 days (all we have)−0.168%−$17 · spread now +0.245%, 7d avg +0.118%

Together, before fees−0.082%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.127% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.118%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.086% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZEREBRO	0.03397	0.0100	pay 0.0050% / 4h	3h 14m	$109K	$14K	—
Short	BingX ZEREBRO-USDT	0.03405	0.0426	get 0.0213% / 4h	3h 14m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now +0.245%Rate

Funding earned: $68.46
Price spread: +0.245% → +0.118%: $12.68
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $71.14
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 60 min ago; BingX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 60 min ago	8.89 bp	doesn't fit	412.1 bp −$4,121	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	4.99 bp	29.7 bp −$30	196.0 bp −$1,960	675.6 bp −$67.6K	864.8 bp −$432.4K

ZEREBRO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZEREBROUSD	+0.0089%	1h	0.03399	+0.057%	$3K	$2K	10x	as long as short
Bybit ZEREBROUSDT	+0.0100%	4h	0.03404	+0.216%	$5.2M	$863K	13x	as long as short
Gate ZEREBRO_USDT	+0.0100%	4h	0.03396	−0.037%	$455K	$22K	10x	as long as short
KuCoin ZEREBROUSDTM	+0.0100%	4h	0.03399	+0.048%	$1.4M	$2.9M	10x	as long as short
Variational Omni ZEREBROlong	+0.0100%	4h	0.03397	long leg	$109K	$14K	—
BloFin ZEREBRO-USDT	+0.0396%	4h	0.03404	+0.204%	$269K	$12K	10x	as long as short
BingX ZEREBRO-USDTshort	+0.0426%	4h	0.03405	+0.245%	—	$1.3M	—
Extended ZEREBRO-USD	+0.0440%	1h	0.03410	+0.371%	$3K	$158K	5x	as long as short
MEXC ZEREBRO_USDT	+0.0442%	4h	0.03409	+0.366%	$7.1M	$127K	50x	as long as short
Binance ZEREBROUSDT	+0.0451%	4h	0.03410	+0.373%	$4.7M	$1.3M	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZEREBROUSDT	+0.0467%	4h	0.03400	+0.088%	$381K	$22K	5x	as long as short