Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance−0.006%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−1.176%−$118 · spread now −0.006%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZEREBROUSDT | 0.03391 | 0.0313 | pay 0.0157% / 4h | 3h 21m | $4.6M | $1.5M | 10x |
| Short | BloFin ZEREBRO-USDT | 0.03391 | 0.0304 | get 0.0152% / 4h | 3h 21m | $273K | $12K | 10x |
Binance ZEREBROUSDT
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.01
- Price spread: −0.006% → −0.002%
- −$0.42
- Slippage, 4 orders
- −$91.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.66
- Costs to cover
- 1.132%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 46 min ago.
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 Binance live order book, 16 min ago | 3.26 bp | 33.9 bp −$34 | 372.1 bp −$3,721 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 1.77 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0135% | 1h | 0.03385 | −0.185% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03385 | −0.171% | $5.2M | $894K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03379 | −0.345% | $453K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03381 | −0.280% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03350 | −1.208% | $107K | $15K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0264% | 4h | 0.03385 | −0.180% | — | $1.3M | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0278% | 4h | 0.03391 | +0.018% | $7.1M | $132K | 50x | as long as short |
| Aster ZEREBROUSDT | +0.0289% | 4h | 0.03392 | +0.038% | $380K | $40K | 5x | as long as short |
| BloFin ZEREBRO-USDTshort | +0.0304% | 4h | 0.03391 | −0.006% | $273K | $12K | 10x | |
| Extended ZEREBRO-USD | +0.0312% | 1h | 0.03389 | −0.045% | $2K | $224K | 5x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
MEXC ZEREBRO_USDT
Aster ZEREBROUSDT
Extended ZEREBRO-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZEREBROUSDTlong | +0.0313% | 4h | 0.03391 | long leg | $4.6M | $1.5M | 10x |