Funding you earn now, next payment 01:00 UTC−0.0367%/8h= −40.2% APRpaid last 24h +0.482%
Price spread now: Kraken Futures against MEXC−0.178%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Kraken Futures is 0.178% cheaper against MEXC than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03410 | 0.0456 | pay 0.0228% / 4h | 3h 26m | $7.1M | $126K | 50x |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03403 | 0.0089 | get 0.0011% / 1h | 26m 56s | $3K | $2K | 10x |
MEXC ZEREBRO_USDT
Kraken Futures PF_ZEREBROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$77.04
- Price spread: −0.178% → 0.000%
- −$17.83
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$108.87
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 3.08 bp | 17.2 bp −$17 | 62.8 bp −$628 | 250.2 bp −$25.0K | 376.8 bp −$188.4K |
| 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 | +0.0089% | 1h | 0.03403 | −0.178% | $3K | $2K | 10x | |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03405 | −0.135% | $5.2M | $868K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03401 | −0.246% | $455K | $22K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03401 | −0.243% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03399 | −0.294% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0428% | 4h | 0.03407 | −0.082% | — | $1.3M | — | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0456% | 4h | 0.03410 | long leg | $7.1M | $126K | 50x | |
| Binance ZEREBROUSDT | +0.0461% | 4h | 0.03410 | +0.011% | $4.7M | $1.3M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0464% | 1h | 0.03409 | −0.028% | $3K | $173K | 5x | as long as short |
| BloFin ZEREBRO-USDT | +0.0478% | 4h | 0.03410 | +0.006% | $267K | $12K | 10x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
Binance ZEREBROUSDT
Extended ZEREBRO-USD
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0480% | 4h | 0.03402 | −0.222% | $382K | $22K | 5x | as long as short |
Aster ZEREBROUSDT