Funding you earn now, next payment 00:00 UTC+0.0175%/8h= +19.2% APRnext payment +$0.87 per $10,000 · paid last 24h +0.062%
Price spread now: Binance against Gate+0.142%7-day average +0.205% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.142%, 7d avg +0.205%
=Funding pays, the price is against you. Binance is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread +0.142% now, against its 7-day average of +0.205%). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.116% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEREBRO_USDT | 0.03368 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $450K | $21K | 10x |
| Short | Binance ZEREBROUSDT | 0.03373 | 0.0275 | get 0.0137% / 4h | 1h 13m | $4.6M | $1.4M | 10x |
Gate ZEREBRO_USDT
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $36.73
- Price spread: +0.142% → +0.205%
- −$6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.47
- Costs to cover
- 0.250%
- Break-even
- 6.0 days
Slippage unknown: Gate: live order book, 2 min ago; Binance: live order book, 9 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 Gate live order book, 2 min ago | 10.70 bp | 1614.8 bp −$1,615 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.37 bp | 36.3 bp −$36 | 287.6 bp −$2,876 | doesn't fit | doesn't fit |
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_ZEREBROUSD | −0.0779% | 1h | 0.03370 | +0.048% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03368 | 0.000% | $5.2M | $877K | 13x | as long as short |
| Gate ZEREBRO_USDTlong | +0.0100% | 4h | 0.03368 | long leg | $450K | $21K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03369 | +0.030% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03365 | −0.087% | $108K | $14K | — | as long as short |
| MEXC ZEREBRO_USDT | +0.0268% | 4h | 0.03372 | +0.134% | $7.0M | $128K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0272% | 1h | 0.03372 | +0.132% | $5K | $169K | 5x | as long as short |
| BingX ZEREBRO-USDT | +0.0272% | 4h | 0.03370 | +0.065% | — | $1.3M | — | as long as short |
| Binance ZEREBROUSDTshort | +0.0275% | 4h | 0.03373 | +0.142% | $4.6M | $1.4M | 10x | |
| BloFin ZEREBRO-USDT | +0.0306% | 4h | 0.03375 | +0.220% | $265K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0366% | 4h | 0.03376 | +0.249% | $379K | $22K | 5x | as long as short |
Aster ZEREBROUSDT