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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h −0.002%
Price spread now: Extended against Binance−0.040%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2722.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.040%, 7d avg −0.035%
Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZEREBROUSDT0.033770.0203pay 0.0102% / 4h27m 12s$4.6M$1.3M10x
ShortExtended ZEREBRO-USD0.033760.0200get 0.0025% / 1h27m 12s$2K$224K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
−$0.71
Price spread: −0.040% → −0.035%
−$0.53
Slippage, 4 orders
−$257.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$273.28
Costs to cover
2.720%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Extended: live order book, 12 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 Binance live order book, 3 min ago3.27 bp37.5 bp −$37430.0 bp −$4,300doesn't fitdoesn't fit
Sell Extended live order book, 12 min ago5.03 bp101.1 bp −$101doesn't fitdoesn't fitdoesn't fit

ZEREBRO on 11 exchanges

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%4h0.03368−0.274%$5.2M$637K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03365−0.357%$450K$20K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03366−0.336%$1.4M$2.8M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03369−0.255%$105K$8Kas long as short
Kraken Futures PF_ZEREBROUSD+0.0197%1h0.03378+0.018%$3K$4K10xas long as short
Extended ZEREBRO-USDshort+0.0200%1h0.03376−0.040%$2K$224K5x
BloFin ZEREBRO-USDT+0.0202%4h0.03369−0.232%$225K$12K10xas long as short
Binance ZEREBROUSDTlong+0.0203%4h0.03377long leg$4.6M$1.3M10x
MEXC ZEREBRO_USDT+0.0208%4h0.03377−0.010%$7.1M$135K50xas long as short
BingX ZEREBRO-USDT+0.0224%4h0.03368−0.271%$1.3Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0258%4h0.03383+0.183%$379K$36K5xas long as short