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

ZEREBRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0307%/8h= +33.6% APRpaid last 24h −0.485%
Price spread now: BingX against Kraken Futures−0.051%7-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. BingX is 0.051% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZEREBROUSD0.033950.0089pay 0.0011% / 1h36m 04s$3K$2K10x
ShortBingX ZEREBRO-USDT0.033930.0396get 0.0198% / 4h3h 36m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$64.4
Price spread: −0.051% → 0.000%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$39.25
Costs to cover
0.200%
Break-even
2.7 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 5 min ago. 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 Kraken Futures no order-book sample
Sell BingX live order book, 5 min ago4.86 bp19.0 bp −$19162.2 bp −$1,622690.2 bp −$69.0K861.7 bp −$430.8K
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
Kraken Futures PF_ZEREBROUSDlong+0.0089%1h0.03395long leg$3K$2K10x
Bybit ZEREBROUSDT+0.0100%4h0.03394−0.028%$5.2M$870K13xas long as short
Gate ZEREBRO_USDT+0.0100%4h0.03390−0.152%$453K$22K10xas long as short
KuCoin ZEREBROUSDTM+0.0100%4h0.03390−0.149%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03393−0.052%$109K$14Kas long as short
BloFin ZEREBRO-USDT+0.0394%4h0.03400+0.152%$267K$12K10xas long as short
BingX ZEREBRO-USDTshort+0.0396%4h0.03393−0.051%$1.3M
Extended ZEREBRO-USD+0.0408%1h0.03401+0.163%$1K$168K5xas long as short
MEXC ZEREBRO_USDT+0.0410%4h0.03402+0.202%$7.1M$125K50xas long as short
Binance ZEREBROUSDT+0.0411%4h0.03402+0.187%$4.6M$1.3M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZEREBROUSDT+0.0431%4h0.03394−0.037%$381K$22K5xas long as short