Funding arb · Price arb /

ZK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Gate0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ZK_USDT	0.01177	0.0100	pay 0.0100% / 8h	3h 33m	$306K	$254K	50x
Short	Pacifica ZK	0.01177	0.0100	get 0.0013% / 1h	33m 08s	$29K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Gate. 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 GatebpFee PacificabpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 17 min ago; Pacifica: no order-book sample. 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 Gate live order book, 17 min ago	4.23 bp	44.3 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZK-USDT-SWAP	−0.0027%	4h	0.01175	−0.144%	$1.0M	$2.2M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−0.595%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0055%	4h	0.01177	−0.008%	$216K	$21K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01179	+0.195%	$135K	$181K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01178	+0.110%	$588K	$187K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01178	+0.107%	$32K	$21K	10x	as long as short
Pacifica ZKshort	+0.0100%	1h	0.01177	0.000%	$29K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01178	+0.110%	$4.9M	$8.2M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01177	+0.034%	$5.1M	$2.4M	25x	as long as short
Gate ZK_USDTlong	+0.0100%	8h	0.01177	long leg	$306K	$254K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01177	0.000%	$971K	$1.4M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01178	+0.085%	$1.5M	$840K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01176	−0.042%	—	$6.6M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01176	−0.119%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01178	+0.085%	$152K	$2.4M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01179	+0.170%	$8K	$620K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.1332%	1h	0.01180	+0.263%	$194K	$38K	25x	as long as short