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+0.0157%/8h= +17.2% APRnext payment +$0.78 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against Gate+0.178%7-day average +0.203% · you sell dearer than you buy
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 7 days+0.143%+$14 on $10k
Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.178%, 7d avg +0.203%
Together, before fees−0.213%−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread +0.178% now, against its 7-day average of +0.203%). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.143% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEREBRO_USDT0.034240.0100pay 0.0050% / 4h2h 48m$459K$24K10x
ShortBloFin ZEREBRO-USDT0.034300.0257get 0.0128% / 4h2h 48m$273K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$32.93
Price spread: +0.178% → +0.203%
−$2.48
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$3.45
Costs to cover
0.270%
Break-even
6.3 days
Slippage unknown: Gate: live order book, 62 min ago; BloFin: live order book, 33 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 Gate live order book, 62 min ago14.78 bp1708.5 bp −$1,708doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago0.44 bp30.7 bp −$31doesn'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%4h0.03426+0.070%$5.3M$943K13xas long as short
Gate ZEREBRO_USDTlong+0.0100%4h0.03424long leg$459K$24K10x
KuCoin ZEREBROUSDTM+0.0100%4h0.03423−0.006%$1.5M$3.0M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03425+0.053%$109K$15Kas long as short
BloFin ZEREBRO-USDTshort+0.0257%4h0.03430+0.178%$273K$12K10x
BingX ZEREBRO-USDT+0.0266%4h0.03428+0.140%$1.3Mas long as short
MEXC ZEREBRO_USDT+0.0316%4h0.03433+0.283%$7.2M$124K50xas long as short
Binance ZEREBROUSDT+0.0318%4h0.03433+0.263%$4.7M$1.4M10xas long as short
Extended ZEREBRO-USD+0.0320%1h0.03431+0.224%$979$227K5xas long as short
Aster ZEREBROUSDT+0.0336%4h0.03424+0.008%$384K$19K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSD+0.0545%1h0.03428+0.139%$3K$2K10xas long as short