Funding you earn now, next payment 06:00 UTC−0.0204%/8h= −22.4% APRpaid last 24h −0.592%
Price spread now: Aster against Kraken Futures−0.062%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 −$6 a day on $10k at the current rate, and Aster is 0.062% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 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 | Kraken Futures PF_ZEREBROUSD | 0.03424 | 0.0546 | pay 0.0068% / 1h | 46m 13s | $3K | $2K | 10x |
| Short | Aster ZEREBROUSDT | 0.03422 | 0.0341 | get 0.0171% / 4h | 2h 46m | $384K | $19K | 5x |
Kraken Futures PF_ZEREBROUSD
Aster ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$42.9
- Price spread: −0.062% → 0.000%
- −$6.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$67.1
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 66 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 66 min ago | 15.56 bp | 434.8 bp −$435 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03422 | −0.064% | $5.3M | $944K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03424 | −0.006% | $459K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03426 | +0.073% | $1.5M | $3.0M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03425 | +0.047% | $109K | $15K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0316% | 4h | 0.03425 | +0.032% | — | $1.3M | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0318% | 4h | 0.03427 | +0.102% | $7.1M | $124K | 50x | as long as short |
| Binance ZEREBROUSDT | +0.0326% | 4h | 0.03427 | +0.099% | $4.7M | $1.4M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0328% | 1h | 0.03426 | +0.072% | $979 | $227K | 5x | as long as short |
| Aster ZEREBROUSDTshort | +0.0341% | 4h | 0.03422 | −0.062% | $384K | $19K | 5x | |
| BloFin ZEREBRO-USDT | +0.0360% | 4h | 0.03430 | +0.184% | $273K | $12K | 10x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSDlong | +0.0546% | 1h | 0.03424 | long leg | $3K | $2K | 10x |