Settings8H · net · $10k
Funding arb · Price arb /

ZK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0107%/8h= −11.7% APRnext payment $0.53 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Aster−0.201%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.201% cheaper against Aster than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZKUSDT0.011670.0100pay 0.0050% / 4h1h 43m$36K$19K10x
ShortOKX ZK-USDT-SWAP0.01164−0.0007pay 0.0003% / 4h1h 43m$943K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$22.43
Price spread: −0.201% → 0.000%
−$20.08
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.5
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell OKX live order book, 4 min ago2.58 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit
Aster: 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.

ZK on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZK-USDT-SWAPshort−0.0007%4h0.01164−0.201%$943K$2.3M20x
Injective ZK/USDC PERP+0.0033%1h0.01170+0.296%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01167+0.022%$119K$157K8xas long as short
Hyperliquid ZK+0.0100%1h0.01166−0.038%$585K$236K5xas long as short
Aster ZKUSDTlong+0.0100%4h0.01167long leg$36K$19K10x
Pacifica ZK+0.0100%1h0.01165−0.098%$29K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01166−0.075%$4.7M$9.9M75xas long as short
Bybit ZKUSDT+0.0100%4h0.01165−0.132%$5.0M$2.7M25xas long as short
Gate ZK_USDT+0.0100%8h0.01165−0.132%$315K$244K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01165−0.132%$987K$966K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h0.01165−0.132%$1.5M$856K75xas long as short
BingX ZK-USDT+0.0100%4h0.01165−0.132%$6.7Mas long as short
Variational Omni ZK+0.0100%4h0.01161−0.463%$57K$15Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.01165−0.132%$160K$2.9M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.01165−0.132%$8K$622K50xas long as short
BloFin ZK-USDT+0.0115%4h0.01165−0.141%$211K$24K75xas long as short
Kraken Futures PF_ZKUSD+0.1295%1h0.01168+0.116%$193K$43K25xas long as short