ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against BloFin−0.196%95s7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$750.753% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)−0.329%−$33 · spread now −0.196%, 7d avg +0.035%

Together, before fees−0.294%−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.231% cheaper against BloFin than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of +0.035%). If the spread goes back, that is −$23 on $10k: about 41 days of funding at the current rate (+$1 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZK-USDT	0.01173	0.0081	pay 0.0041% / 4h	1h 41m	$217K	$20K	75x
Short	Bitget ZKUSDT	0.01171	0.0100	get 0.0050% / 4h	1h 41m	$1.5M	$838K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now −0.196%Rate

Funding earned: $3.95
Price spread: −0.196% → +0.035%: −$23.1
Slippage, 4 orders: −$51.29
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$94.44
Costs to cover: 0.753%
Break-even: 174.1 days

Slippage from BloFin: live order book, 79 min ago; Bitget: live order book, 5 min ago.

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 BloFin live order book, 79 min ago	3.42 bp	17.2 bp −$17	44.9 bp −$449	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	8.55 bp	19.8 bp −$20	65.6 bp −$656	doesn't fit	doesn't fit

ZK on 17 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
OKX ZK-USDT-SWAP	−0.0109%	4h	0.01170	−0.281%	$1.0M	$2.3M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−0.281%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDTlong	+0.0081%	4h	0.01173	long leg	$217K	$20K	75x
Lighter ZK	+0.0096%	1h	0.01173	−0.043%	$135K	$182K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01173	−0.009%	$584K	$225K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01172	−0.094%	$31K	$20K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01171	−0.196%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01171	−0.222%	$4.8M	$8.8M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01170	−0.273%	$5.0M	$2.5M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01172	−0.111%	$326K	$231K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01172	−0.111%	$978K	$1.3M	50x	as long as short
Bitget ZKUSDTshort	+0.0100%	4h	0.01171	−0.196%	$1.5M	$838K	75x
BingX ZK-USDT	+0.0100%	4h	0.01171	−0.230%	—	$6.6M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01170	−0.316%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01174	+0.100%	$155K	$2.5M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01173	−0.026%	$9K	$620K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.1598%	1h	0.01177	+0.353%	$194K	$39K	25x	as long as short