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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.015%7-day average −0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.015%, 7d avg −0.029%
Together, before fees+0.055%+$5 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: Gate is 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZEREBROUSDT0.034410.0100pay 0.0050% / 4h3h 05m$5.3M$864K13x
ShortGate ZEREBRO_USDT0.034420.0100get 0.0050% / 4h3h 05m$461K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
Price spread: +0.015% → −0.029%
$4.32
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$21.68
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Gate: live order book, 65 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago5.81 bp51.9 bp −$52414.9 bp −$4,149doesn't fitdoesn't fit
Sell Gate live order book, 65 min ago10.67 bpdoesn't fitdoesn'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
Kraken Futures PF_ZEREBROUSD+0.0088%1h0.03442+0.042%$3K$2K10xas long as short
Bybit ZEREBROUSDTlong+0.0100%4h0.03441long leg$5.3M$864K13x
Gate ZEREBRO_USDTshort+0.0100%4h0.03442+0.015%$461K$22K10x
KuCoin ZEREBROUSDTM+0.0100%4h0.03436−0.131%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03441−0.004%$110K$15Kas long as short
BingX ZEREBRO-USDT+0.0442%4h0.03444+0.078%$1.3Mas long as short
Extended ZEREBRO-USD+0.0512%1h0.03448+0.189%$3K$158K5xas long as short
BloFin ZEREBRO-USDT+0.0512%4h0.03450+0.253%$268K$12K10xas long as short
MEXC ZEREBRO_USDT+0.0514%4h0.03449+0.232%$7.2M$127K50xas long as short
Binance ZEREBROUSDT+0.0515%4h0.03448+0.215%$4.7M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0551%4h0.03450+0.259%$387K$23K5xas long as short