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

ZEREBRO

all ZEREBRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0367%/8h= +40.1% APRnext payment +$1.83 per $10,000 · paid last 24h +0.111%
Price spread now: Aster against Bybit−0.127%7-day average +0.180% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$967as in the Price arb table
costs, in and out, $10k−$9369.363% of the position
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)+0.417%+$42 · spread now −0.127%, 7d avg +0.180%
Together, before fees+0.610%+ Points / potential airdropAster: Stage 5 · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.307% cheaper against Bybit than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of +0.180%). If the spread goes back, that is −$31 on $10k: about 2.8 days of funding at the current rate (+$11 a day). At the pace of the last 5 days (+0.193% in total) that is about 8.5 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.193% in total (about 13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZEREBROUSDT0.034040.0100pay 0.0050% / 4h3h 29m$5.2M$870K13x
ShortAster ZEREBROUSDT0.034000.0467get 0.0233% / 4h3h 29m$381K$22K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$76.97
Price spread: −0.127% → +0.180%
−$30.68
Slippage, 4 orders
−$917.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$890.01
Costs to cover
9.363%
Break-even
87.9 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 42 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 Bybit live order book, 3 min ago7.37 bp47.9 bp −$48340.0 bp −$3,400doesn't fitdoesn't fit
Sell Aster live order book, 42 min ago11.54 bp422.8 bp −$423doesn'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+0.0089%1h0.03399−0.142%$3K$2K10xas long as short
Bybit ZEREBROUSDTlong+0.0100%4h0.03404long leg$5.2M$870K13x
Gate ZEREBRO_USDT+0.0100%4h0.03399−0.147%$455K$22K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03399−0.141%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03399−0.136%$109K$14Kas long as short
BingX ZEREBRO-USDT+0.0416%4h0.03406+0.059%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0442%4h0.03409+0.144%$7.1M$126K50xas long as short
Extended ZEREBRO-USD+0.0448%1h0.03408+0.113%$3K$173K5xas long as short
Binance ZEREBROUSDT+0.0451%4h0.03409+0.135%$4.6M$1.3M10xas long as short
Aster ZEREBROUSDTshort+0.0467%4h0.03400−0.127%$381K$22K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZEREBRO-USDT+0.0493%4h0.03408+0.103%$268K$12K10xas long as short