Funding you earn now, next payment 03:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h +0.548%
Price spread now: Kraken Futures against BingX−0.026%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 −$14 a day on $10k at the current rate, and Kraken Futures is 0.026% cheaper against BingX than usual: you would sell low and buy high (−$3 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 | BingX ZEREBRO-USDT | 0.03396 | 0.0334 | pay 0.0167% / 4h | 1h 02m | — | $1.3M | — |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03395 | −0.0117 | pay 0.0015% / 1h | 2m 44s | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$94.77
- Price spread: −0.026% → 0.000%
- −$2.62
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$117.39
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago | 4.82 bp | 31.8 bp −$32 | 324.1 bp −$3,241 | 609.4 bp −$60.9K | 771.4 bp −$385.7K |
| 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 | −0.0117% | 1h | 0.03395 | −0.026% | $3K | $2K | 10x | |
| KuCoin ZEREBROUSDTM | −0.0004% | 4h | 0.03394 | −0.074% | $1.4M | $2.9M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03392 | −0.124% | $5.2M | $920K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03397 | +0.035% | $459K | $23K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03402 | +0.181% | $109K | $15K | — | as long as short |
| Binance ZEREBROUSDT | +0.0298% | 4h | 0.03401 | +0.133% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0308% | 4h | 0.03402 | +0.159% | $7.1M | $127K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0312% | 1h | 0.03400 | +0.107% | $2K | $157K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0334% | 4h | 0.03399 | +0.077% | $381K | $19K | 5x | as long as short |
| BingX ZEREBRO-USDTlong | +0.0334% | 4h | 0.03396 | long leg | — | $1.3M | — |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZEREBRO-USDT | +0.0342% | 4h | 0.03401 | +0.133% | $272K | $12K | 10x | as long as short |
BingX ZEREBRO-USDT
Kraken Futures PF_ZEREBROUSD
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
Binance ZEREBROUSDT
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
Aster ZEREBROUSDT
BloFin ZEREBRO-USDT