ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0809%/8h= +88.6% APRnext payment +$1.01 per $10,000 · paid last 24h +0.205%

Price spread now: Extended against Kraken Futures+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Extended is 0.032% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZBTUSD	0.08401	−0.0705	get 0.0088% / 1h	5m 54s	$7K	$6K	10x
Short	Extended ZBT-USD	0.08404	0.0104	get 0.0013% / 1h	5m 54s	$4K	$124K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now +0.032%Rate

Funding earned: $169.88
Price spread: +0.032% → 0.000%: $3.24
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $158.11
Costs to cover: 0.150%
Break-even: 0.5 days

Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 65 min ago. 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 Extended live order book, 65 min ago	2.99 bp	44.7 bp −$45	doesn't fit	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	−0.0705%	1h	0.08401	long leg	$7K	$6K	10x
Aster ZBTUSDT	+0.0100%	4h	0.08415	+0.161%	$10K	$15K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08405	+0.044%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08407	+0.067%	$870K	$434K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08396	−0.064%	$553K	$1.4M	10x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08405	+0.043%	$1.4M	$200K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08402	+0.007%	$739K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08403	+0.019%	$6.0M	$140K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08399	−0.029%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08404	+0.030%	$898	$453	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ZBT-USDshort	+0.0104%	1h	0.08404	+0.032%	$4K	$124K	5x
BloFin ZBT-USDT	+0.0129%	4h	0.08408	+0.079%	$147K	$20K	50x	as long as short
Gate ZBT_USDT	+0.0679%	8h	0.08404	+0.031%	$545K	$564K	50x	as long as short