Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Bybit+0.360%62s7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1661.658% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)−0.545%−$54 · spread now +0.360%, 7d avg +0.172%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.188% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.172%. The two prices were read 62 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 | Bybit ZEREBROUSDT | 0.03385 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $5.2M | $941K | 13x |
| Short | BloFin ZEREBRO-USDT | 0.03397 | 0.0156 | get 0.0078% / 4h | 2h 26m | $272K | $12K | 10x |
Bybit ZEREBROUSDT
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $11.67
- Price spread: +0.360% → +0.172%
- $18.81
- Slippage, 4 orders
- −$142.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$135.31
- Costs to cover
- 1.658%
- Break-even
- 88.2 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 56 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 Bybit live order book, 2 min ago | 4.43 bp | 57.8 bp −$58 | 322.1 bp −$3,221 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 0.44 bp | 30.7 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDTlong | +0.0100% | 4h | 0.03385 | long leg | $5.2M | $941K | 13x | |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03384 | −0.027% | $453K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03385 | −0.012% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03383 | −0.046% | $108K | $15K | — | as long as short |
| BloFin ZEREBRO-USDTshort | +0.0156% | 4h | 0.03397 | +0.360% | $272K | $12K | 10x | |
| Extended ZEREBRO-USD | +0.0200% | 1h | 0.03390 | +0.155% | $968 | $222K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0201% | 4h | 0.03392 | +0.207% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0210% | 4h | 0.03392 | +0.216% | $7.1M | $126K | 50x | as long as short |
| Aster ZEREBROUSDT | +0.0228% | 4h | 0.03385 | −0.005% | $380K | $19K | 5x | as long as short |
| BingX ZEREBRO-USDT | +0.0240% | 4h | 0.03388 | +0.103% | — | $1.3M | — | as long as short |
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
Binance ZEREBROUSDT
MEXC ZEREBRO_USDT
Aster ZEREBROUSDT
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0551% | 1h | 0.03389 | +0.120% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD