Settings8H · net · $10k
Funding arb · Price arb /

ZEREBRO

all ZEREBRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.687%
Price spread now: Kraken Futures against BloFin−0.272%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.272% cheaper against BloFin than usual: you would sell low and buy high (spread −0.272% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 4.5 days of funding at the current rate (+$6 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEREBRO-USDT0.033970.0458pay 0.0229% / 4h1h 02m$273K$12K10x
ShortKraken Futures PF_ZEREBROUSD0.033870.0661get 0.0083% / 1h2m 11s$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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

Funding earned
$42.57
Price spread: −0.272% → 0.000%
−$27.24
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$6.68
Costs to cover
0.220%
Break-even
8.1 days
Slippage unknown: BloFin: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 10 min ago1.91 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
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.

ZEREBRO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZEREBROUSDT+0.0100%4h0.03386−0.309%$5.3M$920K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03389−0.224%$454K$25K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03392−0.135%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03390−0.179%$108K$15Kas long as short
BingX ZEREBRO-USDT+0.0412%4h0.03392−0.132%$1.3Mas long as short
Binance ZEREBROUSDT+0.0429%4h0.03394−0.083%$4.7M$1.3M10xas long as short
Extended ZEREBRO-USD+0.0432%1h0.03392−0.132%$361$219K5xas long as short
MEXC ZEREBRO_USDT+0.0432%4h0.03393−0.097%$7.1M$127K50xas long as short
Aster ZEREBROUSDT+0.0440%4h0.03396−0.007%$381K$19K5xas long as short
BloFin ZEREBRO-USDTlong+0.0458%4h0.03397long leg$273K$12K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSDshort+0.0661%1h0.03387−0.272%$3K$2K10x