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+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.037%
Price spread now: Aster against Binance+0.028%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$912as in the Price arb table
costs, in and out, $10k−$9149.145% of the position
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)−0.045%−$4 · spread now +0.028%, 7d avg +0.003%
Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.025% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZEREBROUSDT0.034090.0486pay 0.0243% / 4h2h 41m$4.7M$1.4M10x
ShortAster ZEREBROUSDT0.034100.0513get 0.0257% / 4h2h 41m$382K$23K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$5.75
Price spread: +0.028% → +0.003%
$2.49
Slippage, 4 orders
−$896.49
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$906.24
Costs to cover
9.145%
Break-even
1109.5 days
Slippage from Binance: live order book, 11 min ago; Aster: live order book, 26 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 Binance live order book, 11 min ago4.68 bp38.5 bp −$39402.1 bp −$4,021doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago14.49 bp417.3 bp −$417doesn't fitdoesn'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−0.0110%1h0.03404−0.157%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03403−0.174%$5.2M$875K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03398−0.314%$455K$21K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03400−0.267%$1.4M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03401−0.218%$109K$15Kas long as short
BloFin ZEREBRO-USDT+0.0423%4h0.03424+0.428%$273K$12K10xas long as short
BingX ZEREBRO-USDT+0.0466%4h0.03403−0.182%$1.3Mas long as short
Binance ZEREBROUSDTlong+0.0486%4h0.03409long leg$4.7M$1.4M10x
MEXC ZEREBRO_USDT+0.0486%4h0.03410+0.017%$7.1M$125K50xas long as short
Extended ZEREBRO-USD+0.0488%1h0.03407−0.058%$3K$161K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTshort+0.0513%4h0.03410+0.028%$382K$23K5x