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+0.0271%/8h= +29.6% APRnext payment +$1.35 per $10,000 · paid last 24h +0.064%
Price spread now: Binance against Variational Omni+0.477%7-day average +0.224% · 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 4 days (all we have)+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.529%−$53 · spread now +0.477%, 7d avg +0.224%
Together, before fees−0.432%+ Points / potential airdropVariational Omni: Active · farm board−$43 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 Binance is 0.253% dearer against Variational Omni than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.224%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.097% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 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
LongVariational Omni ZEREBRO0.033640.0100pay 0.0050% / 4h18m 48s$107K$15K
ShortBinance ZEREBROUSDT0.033800.0371get 0.0185% / 4h18m 48s$4.6M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$56.83
Price spread: +0.477% → +0.224%
$25.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$72.14
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; Binance: live order book, 3 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 Variational Omni RFQ quote, 20 min ago7.38 bpdoesn't fit420.5 bp −$4,205doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.82 bp32.0 bp −$32307.8 bp −$3,078doesn'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%4h0.03374+0.291%$5.2M$910K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03372+0.232%$452K$25K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03375+0.333%$1.4M$2.9M10xas long as short
Variational Omni ZEREBROlong+0.0100%4h0.03364long leg$107K$15K
Kraken Futures PF_ZEREBROUSD+0.0280%1h0.03375+0.328%$3K$2K10xas long as short
BloFin ZEREBRO-USDT+0.0333%4h0.03375+0.336%$272K$12K10xas long as short
Extended ZEREBRO-USD+0.0368%1h0.03379+0.450%$2K$219K5xas long as short
MEXC ZEREBRO_USDT+0.0370%4h0.03379+0.452%$7.1M$130K50xas long as short
Binance ZEREBROUSDTshort+0.0371%4h0.03380+0.477%$4.6M$1.5M10x
Aster ZEREBROUSDT+0.0373%4h0.03393+0.860%$380K$40K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEREBRO-USDT+0.0398%4h0.03377+0.395%$1.3Mas long as short