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

ZEREBRO

all ZEREBRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0310%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.064%
Price spread now: MEXC against Variational Omni+0.144%7-day average +0.236% · 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 4 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.144%, 7d avg +0.236%
Together, before fees+0.204%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.091% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.144% now, against its 7-day average of +0.236%). If the spread goes back, that is −$9 on $10k: about 24 hours of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.096% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.096% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEREBRO0.033880.0100pay 0.0050% / 4h1h 32m$108K$15K
ShortMEXC ZEREBRO_USDT0.033930.0410get 0.0205% / 4h1h 32m$7.1M$125K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$65.1
Price spread: +0.144% → +0.236%
−$9.13
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$51.97
Costs to cover
0.040%
Break-even
1.4 days
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; MEXC: live order book, 5 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 Variational Omni RFQ quote, 11 min ago11.79 bpdoesn't fit377.4 bp −$3,774doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.62 bp24.9 bp −$2564.5 bp −$645251.1 bp −$25.1K400.3 bp −$200.2K

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%4h0.03385−0.083%$5.2M$926K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03386−0.056%$454K$24K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03391+0.079%$1.4M$2.9M10xas long as short
Variational Omni ZEREBROlong+0.0100%4h0.03388long leg$108K$15K
BloFin ZEREBRO-USDT+0.0350%4h0.03391+0.091%$272K$12K10xas long as short
BingX ZEREBRO-USDT+0.0404%4h0.03388+0.015%$1.3Mas long as short
Binance ZEREBROUSDT+0.0404%4h0.03394+0.170%$4.7M$1.4M10xas long as short
Extended ZEREBRO-USD+0.0408%1h0.03393+0.138%$3K$225K5xas long as short
MEXC ZEREBRO_USDTshort+0.0410%4h0.03393+0.144%$7.1M$125K50x
Aster ZEREBROUSDT+0.0412%4h0.03392+0.121%$381K$18K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0661%1h0.03389+0.031%$3K$2K10xas long as short