Funding you earn now, next payment 23:00 UTC−0.1017%/8h= −111.4% APRnext payment −$1.27 per $10,000 · paid last 24h −0.215%
Price spread now: Kraken Futures against Extended−0.044%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
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Kraken Futures is 0.044% cheaper against Extended than usual: you would sell low and buy high (−$4 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 | Extended ZBT-USD | 0.08314 | 0.0104 | pay 0.0013% / 1h | 23m 50s | $2K | $159K | 5x |
| Short | Kraken Futures PF_ZBTUSD | 0.08310 | −0.0913 | pay 0.0114% / 1h | 23m 50s | $7K | $6K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$213.59
- Price spread: −0.044% → 0.000%
- −$4.36
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$232.95
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 57 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 Extended live order book, 57 min ago | 2.34 bp | 21.3 bp −$21 | 251.4 bp −$2,514 | 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.
ZBT on 13 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_ZBTUSDshort | −0.0913% | 1h | 0.08310 | −0.044% | $7K | $6K | 10x | |
| BloFin ZBT-USDT | +0.0075% | 4h | 0.08315 | +0.012% | $148K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08308 | −0.071% | $11K | $16K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08313 | −0.012% | $3.2M | $2.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08309 | −0.060% | $865K | $424K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08307 | −0.084% | $580K | $1.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08310 | −0.048% | $535K | $537K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08314 | 0.000% | $1.4M | $204K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08312 | −0.024% | $713K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08311 | −0.036% | $6.0M | $136K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08311 | −0.036% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08311 | −0.036% | $887 | $453 | — | as long as short |
| Extended ZBT-USDlong | +0.0104% | 1h | 0.08314 | long leg | $2K | $159K | 5x |
Extended ZBT-USD
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBT