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−0.0239%/8h= −26.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against Aster+0.061%7-day average −0.143% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2,005as in the Price arb table
costs, in and out, $10k−$2,02520.253% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.208%−$21 on $10k
Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.061%, 7d avg −0.143%
Together, before fees−0.483%+ Points / potential airdropAster: Stage 5 · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.204% dearer against Aster than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.143%): +$20 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZEREBROUSDT0.034230.0339pay 0.0170% / 4h2h 47m$384K$19K5x
ShortKuCoin ZEREBROUSDTM0.034250.0100get 0.0050% / 4h2h 47m$1.5M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$50.21
Price spread: +0.061% → −0.143%
$20.43
Slippage, 4 orders
−$2,005.34
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,055.12
Costs to cover
20.253%
Break-even
never at this rate
Slippage from Aster: live order book, 65 min ago; KuCoin: live order book, 4 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 Aster live order book, 65 min ago15.56 bp410.3 bp −$410doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago10.80 bp515.9 bp −$516doesn'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
Bybit ZEREBROUSDT+0.0100%4h0.03423+0.020%$5.3M$943K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03424+0.032%$459K$24K10xas long as short
KuCoin ZEREBROUSDTMshort+0.0100%4h0.03425+0.061%$1.5M$3.0M10x
Variational Omni ZEREBRO+0.0100%4h0.03425+0.084%$109K$15Kas long as short
BloFin ZEREBRO-USDT+0.0257%4h0.03430+0.210%$273K$12K10xas long as short
BingX ZEREBRO-USDT+0.0286%4h0.03426+0.105%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0318%4h0.03431+0.236%$7.2M$124K50xas long as short
Binance ZEREBROUSDT+0.0318%4h0.03430+0.228%$4.7M$1.4M10xas long as short
Extended ZEREBRO-USD+0.0320%1h0.03431+0.234%$979$227K5xas long as short
Aster ZEREBROUSDTlong+0.0339%4h0.03423long leg$384K$19K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0545%1h0.03430+0.217%$3K$2K10xas long as short