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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.034%
Price spread now: BloFin against Aster−0.028%7-day average −0.007% · 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)−0.057%−$6 on $10k
Price spread, last 3 days (all we have)−0.279%−$28 · spread now −0.028%, 7d avg −0.007%
Together, before fees−0.336%+ Points / potential airdropAster: Stage 5 · farm board−$34 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 BloFin is 0.020% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.033810.0360pay 0.0180% / 4h1h 04m$379K$22K5x
ShortBloFin ZEREBRO-USDT0.033800.0324get 0.0162% / 4h1h 04m$265K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.68
Price spread: −0.028% → −0.007%
−$2.02
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.7
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 13 min ago; BloFin: live order book, 7 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, 13 min ago12.60 bp422.6 bp −$423doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago1.93 bp17.8 bp −$18doesn'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−0.0778%1h0.03371−0.291%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03376−0.143%$5.2M$876K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03371−0.291%$450K$21K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03371−0.279%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03376−0.156%$108K$14Kas long as short
BingX ZEREBRO-USDT+0.0278%4h0.03375−0.181%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0284%4h0.03380−0.016%$7.0M$129K50xas long as short
Binance ZEREBROUSDT+0.0286%4h0.03380−0.031%$4.6M$1.3M10xas long as short
Extended ZEREBRO-USD+0.0288%1h0.03380−0.020%$5K$169K5xas long as short
BloFin ZEREBRO-USDTshort+0.0324%4h0.03380−0.028%$265K$12K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDTlong+0.0360%4h0.03381long leg$379K$22K5x