Funding you earn now, next payment 00:00 UTC−0.0113%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against BloFin−0.286%52s7-day average −0.169% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)+1.408%+$141 · spread now −0.286%, 7d avg −0.169%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.169%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEREBRO-USDT | 0.03389 | 0.0213 | pay 0.0106% / 4h | 3h 30m | $265K | $11K | 10x |
| Short | Bybit ZEREBROUSDT | 0.03379 | 0.0100 | get 0.0050% / 4h | 3h 30m | $5.2M | $875K | 13x |
BloFin ZEREBRO-USDT
Bybit ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$23.64
- Price spread: −0.286% → −0.169%
- −$11.72
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.35
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 14 min ago; Bybit: live order book, 3 min ago. Net counts fees only.
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 BloFin live order book, 14 min ago | 7.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 7.39 bp | 48.7 bp −$49 | 396.9 bp −$3,969 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDTshort | +0.0100% | 4h | 0.03379 | −0.286% | $5.2M | $875K | 13x | |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03370 | −0.552% | $449K | $20K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03371 | −0.513% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03380 | −0.258% | $109K | $14K | — | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0213% | 4h | 0.03389 | long leg | $265K | $11K | 10x | |
| BingX ZEREBRO-USDT | +0.0245% | 4h | 0.03379 | −0.277% | — | $1.3M | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0270% | 4h | 0.03385 | −0.124% | $7.1M | $126K | 50x | as long as short |
| Binance ZEREBROUSDT | +0.0272% | 4h | 0.03383 | −0.162% | $4.6M | $1.3M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0272% | 1h | 0.03383 | −0.177% | $5K | $169K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0404% | 4h | 0.03383 | −0.182% | $379K | $24K | 5x | as long as short |
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
MEXC ZEREBRO_USDT
Binance ZEREBROUSDT
Extended ZEREBRO-USD
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.6398% | 1h | 0.03410 | +0.615% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD