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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0161%/8h= −17.7% APRnext payment $0.81 per $10,000 · paid last 24h −0.093%
Price spread now: Bybit against Aster−0.431%7-day average −0.181% · 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 6 days (all we have)−0.214%−$21 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.431%, 7d avg −0.181%
Together, before fees−0.151%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.250% cheaper against Aster than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.181%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.033650.0261pay 0.0131% / 4h3h 31m$377K$40K5x
ShortBybit ZEREBROUSDT0.033500.0100get 0.0050% / 4h3h 31m$5.2M$899K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$33.87
Price spread: −0.431% → −0.181%
−$25.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$77.88
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 66 min ago; Bybit: live order book, 1 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, 66 min ago41.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago7.46 bp55.8 bp −$56227.0 bp −$2,270doesn'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−0.0136%1h0.03355−0.286%$3K$2K10xas long as short
Bybit ZEREBROUSDTshort+0.0100%4h0.03350−0.431%$5.2M$899K13x
Gate ZEREBRO_USDT+0.0100%4h0.03350−0.434%$449K$25K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03352−0.384%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03359−0.166%$107K$15Kas long as short
Aster ZEREBROUSDTlong+0.0261%4h0.03365long leg$377K$40K5x
Binance ZEREBROUSDT+0.0277%4h0.03356−0.249%$4.6M$1.5M10xas long as short
Extended ZEREBRO-USD+0.0280%1h0.03355−0.276%$2K$224K5xas long as short
MEXC ZEREBRO_USDT+0.0286%4h0.03360−0.131%$7.0M$131K50xas long as short
BingX ZEREBRO-USDT+0.0320%4h0.03354−0.324%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZEREBRO-USDT+0.0349%4h0.03364−0.003%$272K$12K10xas long as short