Funding you earn now, next payment 05:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h +0.666%
Price spread now: Kraken Futures against KuCoin+0.125%7-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
The price spread pays, funding is against you. Kraken Futures is 0.125% dearer against KuCoin than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZEREBROUSDTM | 0.03401 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $1.4M | $3.0M | 10x |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03405 | 0.0011 | get 0.0001% / 1h | 18m 54s | $3K | $2K | 10x |
KuCoin ZEREBROUSDTM
Kraken Futures PF_ZEREBROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$18.79
- Price spread: +0.125% → 0.000%
- $12.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$28.31
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 11.64 bp | 634.4 bp −$634 | doesn't fit | 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 | +0.0011% | 1h | 0.03405 | +0.125% | $3K | $2K | 10x | |
| BloFin ZEREBRO-USDT | +0.0098% | 4h | 0.03411 | +0.303% | $273K | $12K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03400 | −0.026% | $5.3M | $935K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03404 | +0.100% | $456K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTMlong | +0.0100% | 4h | 0.03401 | long leg | $1.4M | $3.0M | 10x | |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03402 | +0.027% | $108K | $15K | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0142% | 4h | 0.03406 | +0.141% | $7.1M | $126K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0152% | 1h | 0.03406 | +0.145% | $2K | $147K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0154% | 4h | 0.03406 | +0.135% | $4.7M | $1.4M | 10x | as long as short |
| Aster ZEREBROUSDT | +0.0166% | 4h | 0.03407 | +0.162% | $382K | $19K | 5x | as long as short |
BloFin ZEREBRO-USDT
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEREBRO-USDT | +0.0170% | 4h | 0.03404 | +0.088% | — | $1.3M | — | as long as short |
BingX ZEREBRO-USDT