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 07:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.001%
Price spread now: Extended against Binance+0.004%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3343.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.004%, 7d avg −0.035%
Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZEREBROUSDT0.034040.0479pay 0.0240% / 4h1h 18m$4.7M$1.4M10x
ShortExtended ZEREBRO-USD0.034040.0480get 0.0060% / 1h18m 45s$361$219K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.19
Price spread: +0.004% → −0.035%
$3.93
Slippage, 4 orders
−$319.19
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$330.07
Costs to cover
3.342%
Break-even
12232.0 days
Slippage from Binance: live order book, 3 min ago; Extended: live order book, 23 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, 3 min ago3.67 bp32.5 bp −$33455.0 bp −$4,550doesn't fitdoesn't fit
Sell Extended live order book, 23 min ago6.32 bp135.3 bp −$135doesn'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
Bybit ZEREBROUSDT+0.0100%4h0.03397−0.212%$5.3M$927K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03399−0.162%$455K$24K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03405+0.032%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03398−0.170%$108K$15Kas long as short
BingX ZEREBRO-USDT+0.0446%4h0.03401−0.094%$1.3Mas long as short
BloFin ZEREBRO-USDT+0.0474%4h0.03406+0.068%$272K$12K10xas long as short
MEXC ZEREBRO_USDT+0.0478%4h0.03404+0.006%$7.1M$126K50xas long as short
Binance ZEREBROUSDTlong+0.0479%4h0.03404long leg$4.7M$1.4M10x
Extended ZEREBRO-USDshort+0.0480%1h0.03404+0.004%$361$219K5x
Aster ZEREBROUSDT+0.0492%4h0.03408+0.098%$382K$19K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0659%1h0.03398−0.172%$3K$2K10xas long as short