ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.021%

Price spread now: GRVT against BloFin−0.043%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$860.862% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 3 days (all we have)−0.083%−$8 · spread now −0.043%, 7d avg −0.038%

Together, before fees−0.078%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZK-USDT	0.01163	0.0156	pay 0.0078% / 4h	1h 33m	$211K	$24K	75x
Short	GRVT ZK_USDT_Perp	0.01163	0.0100	get 0.0050% / 4h	1h 33m	$160K	$2.8M	10x

Funding history

latest

Range statsloading…

GRVT against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now −0.043%Rate

Slippage from BloFin: live order book, 42 min ago; GRVT: live order book, 6 min ago.

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, 42 min ago	2.14 bp	13.0 bp −$13	35.8 bp −$358	doesn't fit	doesn't fit
Sell GRVT live order book, 6 min ago	4.29 bp	18.6 bp −$19	96.7 bp −$967	doesn't fit	doesn't fit

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	−0.0020%	4h	0.01162	−0.120%	$940K	$2.3M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+0.559%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01166	+0.172%	$127K	$165K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01165	+0.103%	$584K	$237K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01164	+0.026%	$36K	$19K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01163	−0.017%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01163	−0.025%	$4.7M	$9.9M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01163	−0.077%	$5.0M	$2.7M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01164	+0.043%	$315K	$244K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01163	−0.043%	$986K	$976K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZKUSDT	+0.0100%	4h	0.01163	−0.043%	$1.5M	$856K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01163	−0.017%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01162	−0.140%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perpshort	+0.0100%	4h	0.01163	−0.043%	$160K	$2.8M	10x
ApeX Omni ZKUSDT	+0.0100%	1h	0.01163	−0.043%	$8K	$622K	50x	as long as short
BloFin ZK-USDTlong	+0.0156%	4h	0.01163	long leg	$211K	$24K	75x
Kraken Futures PF_ZKUSD	+0.1297%	1h	0.01166	+0.195%	$193K	$43K	25x	as long as short