Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.5% APRpaid last 24h −0.687%
Price spread now: Binance against Kraken Futures+0.269%7-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 +$4 a day on $10k at the current rate, and Binance is 0.269% dearer against Kraken Futures than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZEREBROUSD | 0.03387 | 0.0279 | pay 0.0035% / 1h | 57m 42s | $3K | $2K | 10x |
| Short | Binance ZEREBROUSDT | 0.03396 | 0.0420 | get 0.0210% / 4h | 57m 42s | $4.7M | $1.3M | 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
- $29.66
- Price spread: +0.269% → 0.000%
- $26.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $36.54
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 3.24 bp | 29.5 bp −$30 | 354.8 bp −$3,548 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03393 | +0.174% | $5.3M | $913K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03392 | +0.148% | $454K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03392 | +0.160% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03383 | −0.109% | $108K | $15K | — | as long as short |
| Kraken Futures PF_ZEREBROUSDlong | +0.0279% | 1h | 0.03387 | long leg | $3K | $2K | 10x | |
| BingX ZEREBRO-USDT | +0.0406% | 4h | 0.03396 | +0.263% | — | $1.3M | — | as long as short |
| Binance ZEREBROUSDTshort | +0.0420% | 4h | 0.03396 | +0.269% | $4.7M | $1.3M | 10x | |
| MEXC ZEREBRO_USDT | +0.0420% | 4h | 0.03400 | +0.387% | $7.1M | $124K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0424% | 1h | 0.03397 | +0.297% | $3K | $222K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0427% | 4h | 0.03399 | +0.360% | $381K | $19K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZEREBRO-USDT | +0.0472% | 4h | 0.03397 | +0.289% | $273K | $12K | 10x | as long as short |
BloFin ZEREBRO-USDT