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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX+0.121%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.054%+$5 · spread now +0.121%, 7d avg +0.114%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.114%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEREBRO-USDT0.033790.0466pay 0.0233% / 4h38m 55s$1.3M
ShortMEXC ZEREBRO_USDT0.033830.0478get 0.0239% / 4h38m 55s$7.1M$126K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
$2.52
Price spread: +0.121% → +0.114%
$0.72
Slippage, 4 orders
−$96.64
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$107.4
Costs to cover
1.106%
Break-even
305.3 days
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 4 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 BingX live order book, 5 min ago4.14 bp34.3 bp −$34277.7 bp −$2,777532.4 bp −$53.2K726.2 bp −$363.1K
Sell MEXC live order book, 4 min ago2.22 bp20.9 bp −$2163.2 bp −$632243.2 bp −$24.3K441.4 bp −$220.7K

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−0.0481%1h0.03379+0.004%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03377−0.056%$5.2M$877K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03378−0.018%$451K$21K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03379−0.012%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03377−0.072%$109K$14Kas long as short
BloFin ZEREBRO-USDT+0.0431%4h0.03383+0.115%$266K$12K10xas long as short
BingX ZEREBRO-USDTlong+0.0466%4h0.03379long leg$1.3M
Binance ZEREBROUSDT+0.0468%4h0.03383+0.115%$4.6M$1.3M10xas long as short
Extended ZEREBRO-USD+0.0472%1h0.03382+0.085%$5K$169K5xas long as short
MEXC ZEREBRO_USDTshort+0.0478%4h0.03383+0.121%$7.1M$126K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0507%4h0.03386+0.197%$380K$22K5xas long as short