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 06:00 UTC+0.0044%/8h= +4.9% APRpaid last 24h +0.002%
Price spread now: Extended against BloFin−0.204%54s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2502.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.501%+$50 · spread now −0.204%, 7d avg −0.028%
Together, before fees+0.481%+ Points / potential airdropExtended: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.176% cheaper against BloFin than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.028%). If the spread goes back, that is −$18 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEREBRO-USDT0.033970.0156pay 0.0078% / 4h2h 26m$272K$12K10x
ShortExtended ZEREBRO-USD0.033900.0200get 0.0025% / 1h26m 16s$968$222K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
$9.33
Price spread: −0.204% → −0.028%
−$17.65
Slippage, 4 orders
−$233.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$258.35
Costs to cover
2.500%
Break-even
200.7 days
Slippage from BloFin: live order book, 56 min ago; Extended: live order book, 20 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 BloFin live order book, 56 min ago0.44 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 20 min ago4.53 bp112.6 bp −$113doesn'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%4h0.03385−0.359%$5.2M$941K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03384−0.386%$453K$25K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03385−0.371%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03389−0.227%$108K$15Kas long as short
BloFin ZEREBRO-USDTlong+0.0156%4h0.03397long leg$272K$12K10x
Extended ZEREBRO-USDshort+0.0200%1h0.03390−0.204%$968$222K5x
Binance ZEREBROUSDT+0.0201%4h0.03392−0.165%$4.7M$1.4M10xas long as short
MEXC ZEREBRO_USDT+0.0210%4h0.03391−0.191%$7.1M$126K50xas long as short
Aster ZEREBROUSDT+0.0228%4h0.03384−0.379%$380K$19K5xas long as short
BingX ZEREBRO-USDT+0.0240%4h0.03388−0.283%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0551%1h0.03389−0.240%$3K$2K10xas long as short