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−0.0330%/8h= −36.1% APRnext payment $1.65 per $10,000 · paid last 24h −0.111%
Price spread now: Bybit against Aster−0.215%7-day average −0.180% · 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)−0.193%−$19 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.215%, 7d avg −0.180%
Together, before fees−0.209%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.035% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.180%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034260.0430pay 0.0215% / 4h2h 00m$384K$19K5x
ShortBybit ZEREBROUSDT0.034190.0100get 0.0050% / 4h2h 00m$5.3M$907K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$69.21
Price spread: −0.215% → −0.180%
−$3.47
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$91.68
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 2 min ago; Bybit: 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 Aster live order book, 2 min ago15.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.38 bp53.7 bp −$54231.3 bp −$2,313doesn't fitdoesn't fit

ZEREBRO on 10 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−0.0110%1h0.03418−0.233%$3K$2K10xas long as short
KuCoin ZEREBROUSDTM+0.0054%4h0.03415−0.317%$1.5M$2.9M10xas long as short
Bybit ZEREBROUSDTshort+0.0100%4h0.03419−0.215%$5.3M$907K13x
Gate ZEREBRO_USDT+0.0100%4h0.03421−0.156%$462K$22K10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03417−0.261%$109K$15Kas long as short
Extended ZEREBRO-USD+0.0392%1h0.03424−0.072%$3K$158K5xas long as short
Binance ZEREBROUSDT+0.0394%4h0.03425−0.046%$4.7M$1.4M10xas long as short
MEXC ZEREBRO_USDT+0.0396%4h0.03424−0.057%$7.1M$127K50xas long as short
BingX ZEREBRO-USDT+0.0396%4h0.03420−0.185%$1.3Mas long as short
Aster ZEREBROUSDTlong+0.0430%4h0.03426long leg$384K$19K5x