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+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.060%
Price spread now: BloFin against KuCoin−0.108%7-day average +0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,266as in the Price arb table
costs, in and out, $10k−$1,24112.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 4 days (all we have)−0.222%−$22 · spread now −0.108%, 7d avg +0.139%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.247% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.139%). If the spread goes back, that is −$25 on $10k: about 17 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZEREBROUSDTM0.034170.0100pay 0.0050% / 4h3h 04m$1.5M$3.0M10x
ShortBloFin ZEREBRO-USDT0.034130.0148get 0.0074% / 4h3h 04m$273K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$10.07
Price spread: −0.108% → +0.139%
−$24.75
Slippage, 4 orders
−$1,217.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,256
Costs to cover
12.413%
Break-even
880.1 days
Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 17 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 KuCoin live order book, 8 min ago5.13 bp632.9 bp −$633doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 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%1h0.03418+0.023%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03415−0.053%$5.3M$940K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03414−0.079%$457K$24K10xas long as short
KuCoin ZEREBROUSDTMlong+0.0100%4h0.03417long leg$1.5M$3.0M10x
Variational Omni ZEREBRO+0.0100%4h0.03412−0.129%$109K$15Kas long as short
BloFin ZEREBRO-USDTshort+0.0148%4h0.03413−0.108%$273K$12K10x
BingX ZEREBRO-USDT+0.0180%4h0.03416−0.018%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0184%4h0.03421+0.111%$7.1M$127K50xas long as short
Extended ZEREBRO-USD+0.0192%1h0.03421+0.113%$5K$167K5xas long as short
Binance ZEREBROUSDT+0.0195%4h0.03420+0.105%$4.7M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0218%4h0.03423+0.170%$384K$19K5xas long as short