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

ZK

all ZK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Bybit+0.043%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.822% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 7 days−0.033%−$3 · spread now +0.043%, 7d avg +0.038%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZKUSDT0.011660.0100pay 0.0050% / 4h2h 35m$5.0M$2.7M25x
ShortBingX ZK-USDT0.011670.0100get 0.0050% / 4h2h 35m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: +0.043% → +0.038%
$0.47
Slippage, 4 orders
−$61.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$81.69
Costs to cover
0.822%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago2.15 bp20.7 bp −$2162.0 bp −$620doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.15 bp20.5 bp −$2046.9 bp −$469340.9 bp −$34.1K663.4 bp −$331.7K

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
Injective ZK/USDC PERP+0.0033%1h0.01170+0.334%$2K$31K5.5xas long as short
BloFin ZK-USDT+0.0082%4h0.01164−0.154%$211K$35K75xas long as short
Lighter ZK+0.0096%1h0.01168+0.146%$119K$159K8xas long as short
Hyperliquid ZK+0.0100%1h0.01169+0.223%$587K$237K5xas long as short
Aster ZKUSDT+0.0100%4h0.01167+0.057%$36K$19K10xas long as short
Pacifica ZK+0.0100%1h0.01165−0.094%$29K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01167+0.095%$4.7M$10.0M75xas long as short
Bybit ZKUSDTlong+0.0100%4h0.01166long leg$5.0M$2.7M25x
OKX ZK-USDT-SWAP+0.0100%4h0.01166−0.043%$953K$2.3M20xas long as short
Gate ZK_USDT+0.0100%8h0.01166−0.009%$316K$256K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZKUSDTM+0.0100%4h0.01166−0.009%$990K$955K50xas long as short
Bitget ZKUSDT+0.0100%4h0.01166−0.009%$1.5M$852K75xas long as short
BingX ZK-USDTshort+0.0100%4h0.01167+0.043%$6.7M
Variational Omni ZK+0.0100%4h0.01164−0.179%$57K$20Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.01165−0.097%$160K$2.9M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.01165−0.094%$8K$621K50xas long as short
Kraken Futures PF_ZKUSD+0.1492%1h0.01169+0.280%$193K$44K25xas long as short