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

ZEREBRO

all ZEREBRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.074%
Price spread now: Extended against Gate+0.255%7-day average +0.171% · 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+0.117%+$12 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.255%, 7d avg +0.171%
Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.171%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEREBRO_USDT0.034290.0100pay 0.0050% / 4h1h 55m$463K$23K10x
ShortExtended ZEREBRO-USD0.034380.0376get 0.0047% / 1h55m 57s$3K$158K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$57.96
Price spread: +0.255% → +0.171%
$8.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$46.33
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: Gate: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago15.37 bp1693.7 bp −$1,694doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago4.38 bp110.2 bp −$110doesn't fitdoesn't fitdoesn't fit

ZEREBRO on 10 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−0.0115%1h0.03440+0.319%$3K$2K10xas long as short
KuCoin ZEREBROUSDTM+0.0044%4h0.03427−0.050%$1.5M$2.9M10xas long as short
Bybit ZEREBROUSDT+0.0100%4h0.03434+0.149%$5.3M$908K13xas long as short
Gate ZEREBRO_USDTlong+0.0100%4h0.03429long leg$463K$23K10x
Variational Omni ZEREBRO+0.0100%4h0.03431+0.077%$109K$15Kas long as short
Binance ZEREBROUSDT+0.0373%4h0.03435+0.178%$4.7M$1.4M10xas long as short
Extended ZEREBRO-USDshort+0.0376%1h0.03438+0.255%$3K$158K5x
MEXC ZEREBRO_USDT+0.0378%4h0.03440+0.315%$7.2M$124K50xas long as short
BingX ZEREBRO-USDT+0.0396%4h0.03438+0.268%$1.3Mas long as short
Aster ZEREBROUSDT+0.0407%4h0.03437+0.227%$385K$20K5xas long as short