Funding you earn now, next payment 03:00 UTC+0.0634%/8h= +69.4% APRpaid last 24h +0.191%
Price spread now: Binance against Kraken Futures+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZBTUSD | 0.08382 | −0.0534 | get 0.0067% / 1h | 35m 28s | $7K | $7K | 10x |
| Short | Binance ZBTUSDT | 0.08383 | 0.0100 | get 0.0050% / 4h | 1h 35m | $3.2M | $2.6M | 50x |
Kraken Futures PF_ZBTUSD
Binance ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $133.11
- Price spread: +0.013% → 0.000%
- $1.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $114.44
- Costs to cover
- 0.200%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, just now. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, just now | 1.19 bp | 24.2 bp −$24 | 85.2 bp −$852 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZBT on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSDlong | −0.0534% | 1h | 0.08382 | long leg | $7K | $7K | 10x | |
| BloFin ZBT-USDT | +0.0062% | 4h | 0.08373 | −0.106% | $150K | $20K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08378 | −0.052% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDTshort | +0.0100% | 4h | 0.08383 | +0.013% | $3.2M | $2.6M | 50x | |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08380 | −0.023% | $859K | $439K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08374 | −0.094% | $555K | $1.4M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08368 | −0.166% | $537K | $543K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08377 | −0.058% | $1.4M | $199K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08374 | −0.094% | $735K | $9.7M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08387 | +0.061% | $6.0M | $135K | 10x | as long as short |
BloFin ZBT-USDT
Aster ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08380 | −0.023% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08382 | 0.000% | $893 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08377 | −0.063% | $895 | $116K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD