Funding you earn now, next payment 04:00 UTC−0.0342%/8h= −37.4% APRnext payment −$1.71 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against BingX−0.227%7-day average −0.099% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.227%, 7d avg −0.099%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.128% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03390 | 0.0442 | pay 0.0221% / 4h | 3h 17m | — | $1.3M | — |
| Short | Gate ZEREBRO_USDT | 0.03382 | 0.0100 | get 0.0050% / 4h | 3h 17m | $453K | $22K | 10x |
BingX ZEREBRO-USDT
Gate ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$71.82
- Price spread: −0.227% → −0.099%
- −$12.78
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.6
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Gate: live order book, 53 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 BingX live order book, 12 min ago | 3.67 bp | 32.2 bp −$32 | 298.6 bp −$2,986 | 465.6 bp −$46.6K | 657.7 bp −$328.8K |
| Sell Gate live order book, 53 min ago | 10.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZEREBRO on 11 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_ZEREBROUSD | +0.0090% | 1h | 0.03389 | −0.031% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03391 | +0.018% | $5.2M | $864K | 13x | as long as short |
| Gate ZEREBRO_USDTshort | +0.0100% | 4h | 0.03382 | −0.227% | $453K | $22K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03390 | −0.006% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03395 | +0.143% | $109K | $14K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0387% | 4h | 0.03398 | +0.224% | $268K | $12K | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0432% | 1h | 0.03397 | +0.190% | $3K | $158K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0432% | 4h | 0.03399 | +0.255% | $4.6M | $1.3M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0440% | 4h | 0.03398 | +0.230% | $7.1M | $127K | 50x | as long as short |
| BingX ZEREBRO-USDTlong | +0.0442% | 4h | 0.03390 | long leg | — | $1.3M | — |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
MEXC ZEREBRO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0452% | 4h | 0.03394 | +0.115% | $381K | $22K | 5x | as long as short |
Aster ZEREBROUSDT