Funding you earn now, next payment 04:00 UTC+0.0253%/8h= +27.7% APRpaid last 24h −0.569%
Price spread now: Binance against Kraken Futures−0.013%54s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZEREBROUSD | 0.03401 | 0.0033 | pay 0.0004% / 1h | 36m 25s | $3K | $2K | 10x |
| Short | Binance ZEREBROUSDT | 0.03400 | 0.0286 | get 0.0143% / 4h | 36m 25s | $4.7M | $1.4M | 10x |
Kraken Futures PF_ZEREBROUSD
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $53.04
- Price spread: −0.013% → 0.000%
- −$1.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $31.72
- Costs to cover
- 0.200%
- Break-even
- 2.8 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 16 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 Binance live order book, 16 min ago | 3.52 bp | 29.9 bp −$30 | 309.9 bp −$3,099 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSDlong | +0.0033% | 1h | 0.03401 | long leg | $3K | $2K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0046% | 4h | 0.03398 | −0.081% | $1.5M | $3.0M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03398 | −0.084% | $5.3M | $924K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03397 | −0.095% | $459K | $22K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03401 | +0.010% | $109K | $15K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0245% | 4h | 0.03403 | +0.081% | $272K | $12K | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0284% | 4h | 0.03400 | −0.016% | $7.1M | $125K | 50x | as long as short |
| Binance ZEREBROUSDTshort | +0.0286% | 4h | 0.03400 | −0.013% | $4.7M | $1.4M | 10x | |
| Extended ZEREBRO-USD | +0.0288% | 1h | 0.03407 | +0.177% | $2K | $152K | 5x | as long as short |
| BingX ZEREBRO-USDT | +0.0306% | 4h | 0.03402 | +0.043% | — | $1.3M | — | as long as short |
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0313% | 4h | 0.03407 | +0.177% | $382K | $19K | 5x | as long as short |
Aster ZEREBROUSDT