Funding you earn now, next payment 03:00 UTC−0.0634%/8h= −69.5% APRpaid last 24h −0.199%
Price spread now: Kraken Futures against MEXC−0.410%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.410% cheaper against MEXC than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZBT_USDT | 0.08409 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $1.4M | $198K | 100x |
| Short | Kraken Futures PF_ZBTUSD | 0.08375 | −0.0534 | pay 0.0067% / 1h | 58m 53s | $7K | $7K | 10x |
MEXC ZBT_USDT
Kraken Futures PF_ZBTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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: −0.410% → 0.000%
- −$40.99
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$188.21
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Kraken Futures: no order-book sample. 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 MEXC live order book, 1 min ago | 1.78 bp | 10.3 bp −$10 | 60.2 bp −$602 | 256.5 bp −$25.6K | 808.1 bp −$404.1K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_ZBTUSDshort | −0.0534% | 1h | 0.08375 | −0.410% | $7K | $7K | 10x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08411 | +0.026% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08409 | 0.000% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08410 | +0.012% | $863K | $437K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08398 | −0.131% | $557K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDTlong | +0.0100% | 4h | 0.08409 | long leg | $1.4M | $198K | 100x | |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08408 | −0.012% | $741K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08403 | −0.071% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08406 | −0.036% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08409 | −0.006% | $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 | −0.045% | $2K | $119K | 5x | as long as short |
| Gate ZBT_USDT | +0.0320% | 8h | 0.08410 | +0.012% | $542K | $534K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT