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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0278%/8h= +30.4% APRnext payment +$1.39 per $10,000 · paid last 24h +0.064%
Price spread now: MEXC against Gate+0.216%7-day average +0.217% · 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+0.131%+$13 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.216%, 7d avg +0.217%
Together, before fees+0.149%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.217%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEREBRO_USDT0.033800.0100pay 0.0050% / 4h4m 51s$453K$25K10x
ShortMEXC ZEREBRO_USDT0.033880.0378get 0.0189% / 4h4m 51s$7.1M$131K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$58.38
Price spread: +0.216% → +0.217%
−$0.13
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
$39.25
Costs to cover
0.190%
Break-even
2.3 days
Slippage unknown: Gate: live order book, 31 min ago; MEXC: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 31 min ago13.77 bp1867.2 bp −$1,867doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago3.84 bp25.2 bp −$2565.9 bp −$659281.3 bp −$28.1K516.9 bp −$258.4K

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%4h0.03380−0.012%$5.2M$908K13xas long as short
Gate ZEREBRO_USDTlong+0.0100%4h0.03380long leg$453K$25K10x
KuCoin ZEREBROUSDTM+0.0100%4h0.03381+0.015%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03380−0.025%$108K$15Kas long as short
Kraken Futures PF_ZEREBROUSD+0.0279%1h0.03380−0.026%$3K$2K10xas long as short
BloFin ZEREBRO-USDT+0.0366%4h0.03385+0.139%$272K$12K10xas long as short
Aster ZEREBROUSDT+0.0369%4h0.03395+0.426%$381K$40K5xas long as short
Extended ZEREBRO-USD+0.0376%1h0.03387+0.195%$2K$219K5xas long as short
Binance ZEREBROUSDT+0.0377%4h0.03388+0.222%$4.6M$1.5M10xas long as short
MEXC ZEREBRO_USDTshort+0.0378%4h0.03388+0.216%$7.1M$131K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEREBRO-USDT+0.0378%4h0.03383+0.074%$1.3Mas long as short