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+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.003%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.043%+$4 · spread now +0.003%, 7d avg +0.008%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZEREBROUSDT0.033830.0468pay 0.0234% / 4h39m 42s$4.6M$1.3M10x
ShortMEXC ZEREBRO_USDT0.033830.0478get 0.0239% / 4h39m 42s$7.1M$126K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$2.04
Price spread: +0.003% → +0.008%
−$0.47
Slippage, 4 orders
−$99.97
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$112.4
Costs to cover
1.140%
Break-even
392.4 days
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 3 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, 13 min ago2.51 bp32.9 bp −$33431.2 bp −$4,312doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.22 bp20.9 bp −$2163.2 bp −$632243.2 bp −$24.3K441.4 bp −$220.7K

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−0.0481%1h0.03379−0.103%$3K$2K10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03377−0.151%$5.2M$877K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03378−0.121%$451K$21K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03381−0.050%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03377−0.175%$109K$14Kas long as short
BingX ZEREBRO-USDT+0.0466%4h0.03379−0.103%$1.3Mas long as short
Binance ZEREBROUSDTlong+0.0468%4h0.03383long leg$4.6M$1.3M10x
MEXC ZEREBRO_USDTshort+0.0478%4h0.03383+0.003%$7.1M$126K50x
Extended ZEREBRO-USD+0.0480%1h0.03383+0.006%$5K$169K5xas long as short
BloFin ZEREBRO-USDT+0.0489%4h0.03384+0.050%$265K$12K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0507%4h0.03386+0.113%$380K$22K5xas long as short