Funding you earn now, next payment 07:00 UTC+0.0559%/8h= +61.2% APRpaid last 24h +0.752%
Price spread now: Kraken Futures against Gate−0.049%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
Funding pays, the price is against you. Kraken Futures is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEREBRO_USDT | 0.03399 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $455K | $24K | 10x |
| Short | Kraken Futures PF_ZEREBROUSD | 0.03397 | 0.0659 | get 0.0082% / 1h | 18m 01s | $3K | $2K | 10x |
Gate ZEREBRO_USDT
Kraken Futures PF_ZEREBROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $117.43
- Price spread: −0.049% → 0.000%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $87.58
- Costs to cover
- 0.250%
- Break-even
- 1.8 days
Slippage unknown: Gate: live order book, 23 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 Gate live order book, 23 min ago | 19.01 bp | 1564.8 bp −$1,565 | doesn't fit | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03396 | −0.074% | $5.3M | $927K | 13x | as long as short |
| Gate ZEREBRO_USDTlong | +0.0100% | 4h | 0.03399 | long leg | $455K | $24K | 10x | |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03402 | +0.112% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03398 | −0.003% | $108K | $15K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0450% | 4h | 0.03401 | +0.074% | — | $1.3M | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0474% | 4h | 0.03406 | +0.235% | $272K | $12K | 10x | as long as short |
| Binance ZEREBROUSDT | +0.0477% | 4h | 0.03402 | +0.112% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDT | +0.0478% | 4h | 0.03403 | +0.129% | $7.1M | $126K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0480% | 1h | 0.03401 | +0.087% | $361 | $219K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0491% | 4h | 0.03407 | +0.252% | $382K | $19K | 5x | as long as short |
Bybit ZEREBROUSDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDT
Binance ZEREBROUSDT
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSDshort | +0.0659% | 1h | 0.03397 | −0.049% | $3K | $2K | 10x |