Funding you earn now, next payment 05:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h −0.606%
Price spread now: BloFin against Kraken Futures+0.330%57s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.330% dearer against Kraken Futures than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZEREBROUSD | 0.03420 | 0.0010 | pay 0.0001% / 1h | 47m 34s | $3K | $2K | 10x |
| Short | BloFin ZEREBRO-USDT | 0.03431 | 0.0284 | get 0.0142% / 4h | 3h 47m | $273K | $12K | 10x |
Kraken Futures PF_ZEREBROUSD
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $57.44
- Price spread: +0.330% → 0.000%
- $32.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $68.43
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 44 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 44 min ago | 0.15 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
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_ZEREBROUSDlong | +0.0010% | 1h | 0.03420 | long leg | $3K | $2K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0064% | 4h | 0.03421 | +0.043% | $1.5M | $3.0M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03421 | +0.040% | $5.3M | $932K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03422 | +0.084% | $459K | $24K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03427 | +0.227% | $109K | $15K | — | as long as short |
| Binance ZEREBROUSDT | +0.0259% | 4h | 0.03430 | +0.303% | $4.7M | $1.4M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0264% | 1h | 0.03428 | +0.254% | $4K | $154K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0266% | 4h | 0.03430 | +0.301% | $7.2M | $124K | 50x | as long as short |
| BingX ZEREBRO-USDT | +0.0268% | 4h | 0.03416 | −0.106% | — | $1.3M | — | as long as short |
| BloFin ZEREBRO-USDTshort | +0.0284% | 4h | 0.03431 | +0.330% | $273K | $12K | 10x |
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
Binance ZEREBROUSDT
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0287% | 4h | 0.03422 | +0.071% | $384K | $19K | 5x | as long as short |
Aster ZEREBROUSDT