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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against Aster−0.079%7-day average −0.003% · you buy dearer than you sell
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 5 days (all we have)−0.067%−$7 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.079%, 7d avg −0.003%
Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.076% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034170.0367pay 0.0184% / 4h1h 07m$383K$19K5x
ShortBinance ZEREBROUSDT0.034150.0329get 0.0164% / 4h1h 07m$4.7M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$8.07
Price spread: −0.079% → −0.003%
−$7.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$33.67
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 55 min ago; Binance: live order book, 15 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 Aster live order book, 55 min ago15.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago3.21 bp31.8 bp −$32305.5 bp −$3,055doesn'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−0.0116%1h0.03411−0.201%$3K$2K10xas long as short
KuCoin ZEREBROUSDTM+0.0024%4h0.03410−0.210%$1.5M$2.9M10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03407−0.307%$5.3M$919K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03411−0.190%$460K$23K10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03415−0.063%$109K$15Kas long as short
Extended ZEREBRO-USD+0.0328%1h0.03415−0.076%$2K$157K5xas long as short
Binance ZEREBROUSDTshort+0.0329%4h0.03415−0.079%$4.7M$1.4M10x
MEXC ZEREBRO_USDT+0.0334%4h0.03414−0.090%$7.1M$127K50xas long as short
BingX ZEREBRO-USDT+0.0352%4h0.03409−0.237%$1.3Mas long as short
BloFin ZEREBRO-USDT+0.0356%4h0.03422+0.147%$273K$12K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTlong+0.0367%4h0.03417long leg$383K$19K5x