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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h −0.010%
Price spread now: BloFin against Extended+0.048%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2542.535% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.454%−$45 · spread now +0.048%, 7d avg +0.027%
Together, before fees−0.434%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.021% dearer against Extended than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.027%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEREBRO-USD0.034120.0144pay 0.0018% / 1h16m 37s$2K$147K5x
ShortBloFin ZEREBRO-USDT0.034140.0114get 0.0057% / 4h3h 16m$274K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
−$6.21
Price spread: +0.048% → +0.027%
$2.09
Slippage, 4 orders
−$236.53
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$257.65
Costs to cover
2.535%
Break-even
never at this rate
Slippage from Extended: live order book, 34 min ago; BloFin: live order book, 5 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 Extended live order book, 34 min ago6.72 bp83.4 bp −$83745.3 bp −$7,453doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.44 bp30.7 bp −$31doesn'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+0.0010%1h0.03408−0.121%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03404−0.242%$5.3M$935K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03403−0.263%$456K$24K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03402−0.292%$1.5M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03402−0.298%$108K$15Kas long as short
BloFin ZEREBRO-USDTshort+0.0114%4h0.03414+0.048%$274K$12K10x
Extended ZEREBRO-USDlong+0.0144%1h0.03412long leg$2K$147K5x
MEXC ZEREBRO_USDT+0.0146%4h0.03411−0.046%$7.1M$126K50xas long as short
BingX ZEREBRO-USDT+0.0154%4h0.03404−0.225%$1.3Mas long as short
Binance ZEREBROUSDT+0.0156%4h0.03410−0.069%$4.7M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0180%4h0.03410−0.050%$383K$19K5xas long as short