ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Hyperliquid+0.009%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$840.843% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.009%, 7d avg −0.011%

Together, before fees+0.037%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ZK	0.01176	0.0100	pay 0.0013% / 1h	11m 59s	$583K	$237K	5x
Short	Bitget ZKUSDT	0.01176	0.0100	get 0.0050% / 4h	2h 11m	$1.5M	$862K	75x

Funding history

latest

Range statsloading…

Bitget against Hyperliquid. 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 HyperliquidbpFee BitgetbpOrdersPrice spread, now +0.009%Rate

Slippage from Hyperliquid: live order book, 38 min ago; Bitget: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 38 min ago	1.71 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	8.50 bp	19.7 bp −$20	49.8 bp −$498	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	−0.0152%	4h	0.01174	−0.136%	$1.0M	$2.4M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−0.502%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01176	+0.043%	$136K	$181K	8x	as long as short
Hyperliquid ZKlong	+0.0100%	1h	0.01176	long leg	$583K	$237K	5x
Aster ZKUSDT	+0.0100%	4h	0.01175	−0.101%	$31K	$20K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01175	−0.111%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01175	−0.101%	$4.8M	$9.1M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01174	−0.145%	$5.0M	$2.6M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01176	+0.009%	$328K	$242K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01174	−0.162%	$978K	$1.2M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZKUSDTshort	+0.0100%	4h	0.01176	+0.009%	$1.5M	$862K	75x
BingX ZK-USDT	+0.0100%	4h	0.01174	−0.136%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01176	−0.006%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01177	+0.103%	$156K	$2.6M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01176	+0.009%	$9K	$624K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.0734%	1h	0.01178	+0.143%	$194K	$43K	25x	as long as short