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

ZEREBRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0581%/8h= +63.6% APRpaid last 24h −0.515%
Price spread now: Gate against Kraken Futures+0.031%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Gate is 0.031% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZEREBROUSD0.03382−0.0481get 0.0060% / 1h46m 42s$3K$2K10x
ShortGate ZEREBRO_USDT0.033830.0100get 0.0050% / 4h46m 42s$452K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$121.99
Price spread: +0.031% → 0.000%
$3.09
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$100.09
Costs to cover
0.250%
Break-even
1.3 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 29 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 Gate live order book, 29 min ago10.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZEREBROUSDlong−0.0481%1h0.03382long leg$3K$2K10x
Bybit ZEREBROUSDT+0.0100%4h0.03384+0.049%$5.2M$878K13xas long as short
Gate ZEREBRO_USDTshort+0.0100%4h0.03383+0.031%$452K$21K10x
KuCoin ZEREBROUSDTM+0.0100%4h0.03383+0.025%$1.4M$2.9M10xas long as short
Variational Omni ZEREBRO+0.0100%4h0.03388+0.181%$109K$14Kas long as short
BingX ZEREBRO-USDT+0.0454%4h0.03384+0.055%$1.3Mas long as short
Extended ZEREBRO-USD+0.0488%1h0.03385+0.091%$5K$169K5xas long as short
MEXC ZEREBRO_USDT+0.0488%4h0.03386+0.120%$7.1M$125K50xas long as short
Binance ZEREBROUSDT+0.0491%4h0.03387+0.151%$4.6M$1.3M10xas long as short
Aster ZEREBROUSDT+0.0539%4h0.03391+0.267%$380K$22K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZEREBRO-USDT+0.0542%4h0.03387+0.143%$265K$12K10xas long as short