Funding you earn now, next payment 03:00 UTC−0.0496%/8h= −54.3% APRpaid last 24h +0.548%
Price spread now: Kraken Futures against BingX−0.091%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 −$15 a day on $10k at the current rate, and Kraken Futures is 0.091% cheaper against BingX than usual: you would sell low and buy high (−$9 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 | 0.03416 | 0.0380 | pay 0.0190% / 4h | 1h 26m | — | $1.3M | — |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03413 | −0.0116 | pay 0.0015% / 1h | 26m 05s | $3K | $2K | 10x |
BingX ZEREBRO-USDT
Kraken Futures PF_ZEREBROUSDFunding 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
- −$104.22
- Price spread: −0.091% → 0.000%
- −$9.08
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$133.29
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 5 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, 5 min ago | 4.82 bp | 35.3 bp −$35 | 314.5 bp −$3,145 | 614.2 bp −$61.4K | 780.7 bp −$390.3K |
| 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 | −0.0116% | 1h | 0.03413 | −0.091% | $3K | $2K | 10x | |
| KuCoin ZEREBROUSDTM | −0.0012% | 4h | 0.03412 | −0.117% | $1.5M | $2.9M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03413 | −0.102% | $5.3M | $917K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03412 | −0.117% | $461K | $23K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03411 | −0.140% | $109K | $15K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0323% | 4h | 0.03415 | −0.020% | $272K | $12K | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0360% | 1h | 0.03419 | +0.081% | $3K | $152K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0362% | 4h | 0.03420 | +0.110% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0372% | 4h | 0.03420 | +0.102% | $7.1M | $126K | 50x | as long as short |
| BingX ZEREBRO-USDTlong | +0.0380% | 4h | 0.03416 | long leg | — | $1.3M | — |
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
MEXC ZEREBRO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0406% | 4h | 0.03417 | +0.020% | $383K | $19K | 5x | as long as short |
Aster ZEREBROUSDT