Funding you earn now, next payment 03:00 UTC+0.0634%/8h= +69.5% APRpaid last 24h +0.199%
Price spread now: MEXC against Kraken Futures+0.412%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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and MEXC is 0.412% dearer against Kraken Futures than usual: you sell high and buy low: +$41 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 | 0.08375 | −0.0534 | get 0.0067% / 1h | 58m 53s | $7K | $7K | 10x |
| Short | MEXC ZBT_USDT | 0.08409 | 0.0100 | get 0.0050% / 4h | 1h 58m | $1.4M | $198K | 100x |
Kraken Futures PF_ZBTUSD
MEXC ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $133.21
- Price spread: +0.412% → 0.000%
- $41.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $160.37
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 1.78 bp | 10.9 bp −$11 | 64.0 bp −$640 | 266.0 bp −$26.6K | 832.0 bp −$416.0K |
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 12 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 | 0.08375 | long leg | $7K | $7K | 10x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08411 | +0.437% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08409 | +0.412% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08410 | +0.424% | $863K | $437K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08398 | +0.280% | $557K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDTshort | +0.0100% | 4h | 0.08409 | +0.412% | $1.4M | $198K | 100x | |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08408 | +0.400% | $741K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08403 | +0.340% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08406 | +0.376% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08409 | +0.406% | $898 | $453 | — | as long as short |
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08405 | +0.367% | $2K | $119K | 5x | as long as short |
| Gate ZBT_USDT | +0.0320% | 8h | 0.08410 | +0.424% | $542K | $534K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT