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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.039%
Price spread now: BingX against Aster−0.151%7-day average −0.108% · you buy dearer than you sell
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 5 days (all we have)−0.073%−$7 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.151%, 7d avg −0.108%
Together, before fees+0.013%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.044% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034190.0377pay 0.0188% / 4h1h 08m$384K$19K5x
ShortBingX ZEREBRO-USDT0.034140.0360get 0.0180% / 4h1h 08m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$3.54
Price spread: −0.151% → −0.108%
−$4.36
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.9
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 54 min ago; BingX: live order book, 2 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 Aster live order book, 54 min ago15.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.82 bp23.5 bp −$23209.6 bp −$2,096622.9 bp −$62.3K834.1 bp −$417.0K

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−0.0116%1h0.03419−0.003%$3K$2K10xas long as short
KuCoin ZEREBROUSDTM+0.0018%4h0.03414−0.137%$1.5M$2.9M10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03410−0.263%$5.3M$920K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03412−0.201%$461K$23K10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03415−0.106%$109K$15Kas long as short
Binance ZEREBROUSDT+0.0335%4h0.03418−0.040%$4.7M$1.4M10xas long as short
MEXC ZEREBRO_USDT+0.0342%4h0.03417−0.052%$7.1M$127K50xas long as short
Extended ZEREBRO-USD+0.0344%1h0.03415−0.116%$2K$157K5xas long as short
BingX ZEREBRO-USDTshort+0.0360%4h0.03414−0.151%$1.3M
BloFin ZEREBRO-USDT+0.0375%4h0.03422+0.103%$273K$12K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTlong+0.0377%4h0.03419long leg$384K$19K5x