Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.074%
Price spread now: Gate against MEXC−0.238%7-day average −0.219% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.238%, 7d avg −0.219%
=The price spread sits at its 7-day average of −0.219%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03450 | 0.0464 | pay 0.0232% / 4h | 3h 09m | $7.2M | $127K | 50x |
| Short | Gate ZEREBRO_USDT | 0.03442 | 0.0100 | get 0.0050% / 4h | 3h 09m | $461K | $22K | 10x |
MEXC ZEREBRO_USDT
Gate ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$76.44
- Price spread: −0.238% → −0.219%
- −$1.85
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.29
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Gate: live order book, 62 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 MEXC live order book, 4 min ago | 4.39 bp | 15.9 bp −$16 | 57.3 bp −$573 | 239.0 bp −$23.9K | 424.6 bp −$212.3K |
| Sell Gate live order book, 62 min ago | 10.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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_ZEREBROUSD | +0.0088% | 1h | 0.03446 | −0.108% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03446 | −0.113% | $5.3M | $867K | 13x | as long as short |
| Gate ZEREBRO_USDTshort | +0.0100% | 4h | 0.03442 | −0.238% | $461K | $22K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03439 | −0.316% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03411 | −1.124% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0438% | 4h | 0.03448 | −0.038% | — | $1.3M | — | as long as short |
| Extended ZEREBRO-USD | +0.0464% | 1h | 0.03450 | +0.020% | $3K | $158K | 5x | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0464% | 4h | 0.03450 | long leg | $7.2M | $127K | 50x | |
| Binance ZEREBROUSDT | +0.0465% | 4h | 0.03456 | +0.179% | $4.7M | $1.4M | 10x | as long as short |
| BloFin ZEREBRO-USDT | +0.0477% | 4h | 0.03450 | −0.003% | $270K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0529% | 4h | 0.03450 | +0.006% | $387K | $23K | 5x | as long as short |
Aster ZEREBROUSDT