Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.037%
Price spread now: Binance against Aster+0.153%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$886as in the Price arb table
costs, in and out, $10k−$9019.012% of the position
Funding, last 5 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.153%, 7d avg −0.002%
=Together, before fees−0.251%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.155% dearer against Aster than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.002%): +$16 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days. At the pace of the last 5 days (−0.067% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZEREBROUSDT | 0.03394 | 0.0454 | pay 0.0227% / 4h | 3h 32m | $381K | $22K | 5x |
| Short | Binance ZEREBROUSDT | 0.03399 | 0.0439 | get 0.0220% / 4h | 3h 32m | $4.6M | $1.3M | 10x |
Aster ZEREBROUSDT
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$3.12
- Price spread: +0.153% → −0.002%
- $15.52
- Slippage, 4 orders
- −$883.15
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$888.76
- Costs to cover
- 9.012%
- Break-even
- never at this rate
Slippage from Aster: live order book, 39 min ago; Binance: live order book, 5 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 Aster live order book, 39 min ago | 11.54 bp | 417.0 bp −$417 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.94 bp | 31.9 bp −$32 | 299.0 bp −$2,990 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0089% | 1h | 0.03394 | +0.001% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03394 | 0.000% | $5.2M | $870K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03395 | +0.032% | $454K | $22K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03394 | −0.009% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03393 | −0.015% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0390% | 4h | 0.03398 | +0.130% | — | $1.3M | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0427% | 4h | 0.03404 | +0.298% | $267K | $12K | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0428% | 4h | 0.03401 | +0.206% | $7.1M | $126K | 50x | as long as short |
| Binance ZEREBROUSDTshort | +0.0439% | 4h | 0.03399 | +0.153% | $4.6M | $1.3M | 10x | |
| Extended ZEREBRO-USD | +0.0440% | 1h | 0.03402 | +0.225% | $1K | $168K | 5x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDT
MEXC ZEREBRO_USDT
Extended ZEREBRO-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDTlong | +0.0454% | 4h | 0.03394 | long leg | $381K | $22K | 5x |