Funding you earn now, next payment 02:00 UTC+0.0649%/8h= +71.0% APRpaid last 24h −0.478%
Price spread now: BloFin against Kraken Futures+0.397%117s7-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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BloFin is 0.397% dearer against Kraken Futures than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 117 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 | 0.03417 | −0.0110 | get 0.0014% / 1h | 57m 20s | $3K | $2K | 10x |
| Short | BloFin ZEREBRO-USDT | 0.03431 | 0.0539 | get 0.0269% / 4h | 2h 57m | $272K | $12K | 10x |
Kraken Futures PF_ZEREBROUSD
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $136.19
- Price spread: +0.397% → 0.000%
- $39.65
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $153.84
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 5.70 bp | 25.6 bp −$26 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSDlong | −0.0110% | 1h | 0.03417 | long leg | $3K | $2K | 10x | |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03419 | +0.037% | $5.3M | $871K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03415 | −0.069% | $457K | $20K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03416 | −0.048% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03416 | −0.031% | $109K | $15K | — | as long as short |
| Binance ZEREBROUSDT | +0.0486% | 4h | 0.03424 | +0.198% | $4.7M | $1.4M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0488% | 1h | 0.03423 | +0.174% | $967 | $160K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0490% | 4h | 0.03424 | +0.189% | $7.1M | $124K | 50x | as long as short |
| BingX ZEREBRO-USDT | +0.0496% | 4h | 0.03420 | +0.086% | — | $1.3M | — | as long as short |
| Aster ZEREBROUSDT | +0.0511% | 4h | 0.03418 | +0.030% | $384K | $23K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Binance ZEREBROUSDT
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
BingX ZEREBRO-USDT
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZEREBRO-USDTshort | +0.0539% | 4h | 0.03431 | +0.397% | $272K | $12K | 10x |