Funding you earn now, next payment 23:00 UTC−0.1014%/8h= −111.0% APRpaid last 24h −0.214%
Price spread now: Kraken Futures against Gate+0.007%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$30 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZBT_USDT | 0.08304 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $535K | $532K | 50x |
| Short | Kraken Futures PF_ZBTUSD | 0.08305 | −0.0914 | pay 0.0114% / 1h | 46m 13s | $7K | $6K | 10x |
Gate ZBT_USDT
Kraken Futures PF_ZBTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$212.88
- Price spread: +0.007% → 0.000%
- $0.71
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$237.17
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 35 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 Gate live order book, 35 min ago | 6.00 bp | 41.3 bp −$41 | 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.
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 | −0.0914% | 1h | 0.08305 | +0.007% | $7K | $6K | 10x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08303 | −0.016% | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08305 | +0.015% | $3.1M | $2.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08307 | +0.036% | $864K | $422K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08300 | −0.048% | $582K | $1.3M | 10x | as long as short |
| Gate ZBT_USDTlong | +0.0100% | 8h | 0.08304 | long leg | $535K | $532K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08303 | −0.012% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08304 | 0.000% | $712K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08301 | −0.036% | $6.0M | $136K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08303 | −0.012% | — | $1.3M | — | as long as short |
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08307 | +0.040% | $887 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08303 | −0.011% | $2K | $159K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0156% | 4h | 0.08301 | −0.036% | $145K | $12K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT