Funding you earn now, next payment 01:00 UTC−0.0343%/8h= −37.5% APRnext payment −$0.43 per $10,000 · paid last 24h +0.486%
Price spread now: Kraken Futures against Extended−0.224%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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.224% cheaper against Extended than usual: you would sell low and buy high (−$22 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 | Extended ZEREBRO-USD | 0.03401 | 0.0432 | pay 0.0054% / 1h | 33m 33s | $1K | $168K | 5x |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03394 | 0.0089 | get 0.0011% / 1h | 33m 33s | $3K | $2K | 10x |
Extended ZEREBRO-USD
Kraken Futures PF_ZEREBROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$71.95
- Price spread: −0.224% → 0.000%
- −$22.38
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$109.33
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 37 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 Extended live order book, 37 min ago | 4.14 bp | 104.8 bp −$105 | 795.3 bp −$7,953 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSDshort | +0.0089% | 1h | 0.03394 | −0.224% | $3K | $2K | 10x | |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03394 | −0.225% | $5.2M | $869K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03390 | −0.331% | $453K | $22K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03391 | −0.313% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03393 | −0.231% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0390% | 4h | 0.03399 | −0.069% | — | $1.3M | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0428% | 4h | 0.03402 | +0.028% | $7.1M | $125K | 50x | as long as short |
| BloFin ZEREBRO-USDT | +0.0428% | 4h | 0.03399 | −0.057% | $267K | $12K | 10x | as long as short |
| Extended ZEREBRO-USDlong | +0.0432% | 1h | 0.03401 | long leg | $1K | $168K | 5x | |
| Binance ZEREBROUSDT | +0.0439% | 4h | 0.03402 | +0.007% | $4.6M | $1.3M | 10x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
MEXC ZEREBRO_USDT
BloFin ZEREBRO-USDT
Binance ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0454% | 4h | 0.03394 | −0.216% | $381K | $22K | 5x | as long as short |
Aster ZEREBROUSDT