ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.017%

Price spread now: Pacifica against Injective−0.393%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Pacifica is 0.393% cheaper against Injective than usual: you would sell low and buy high (spread −0.393% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 20 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ZK/USDC PERP	0.01170	0.0033	pay 0.0004% / 1h	54m 13s	$2K	$31K	5.5x
Short	Pacifica ZK	0.01165	0.0100	get 0.0013% / 1h	54m 13s	$29K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. 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 InjectivebpFee PacificabpOrdersPrice spread, now −0.393%Rate

Funding earned: $14
Price spread: −0.393% → 0.000%: −$39.32
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$33.34
Costs to cover: 0.080%
Break-even: 23.7 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Injective and 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	+0.0023%	4h	0.01163	−0.598%	$944K	$2.3M	20x	as long as short
Injective ZK/USDC PERPlong	+0.0033%	1h	0.01170	long leg	$2K	$31K	5.5x
Lighter ZK	+0.0096%	1h	0.01166	−0.325%	$119K	$156K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01166	−0.350%	$585K	$235K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01166	−0.304%	$36K	$19K	10x	as long as short
Pacifica ZKshort	+0.0100%	1h	0.01165	−0.393%	$29K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01164	−0.483%	$4.7M	$9.9M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01164	−0.479%	$5.0M	$2.7M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01164	−0.513%	$316K	$243K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01165	−0.427%	$987K	$967K	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	0.01164	−0.513%	$1.5M	$851K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01165	−0.402%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01164	−0.534%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01163	−0.576%	$154K	$2.8M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01161	−0.769%	$7K	$621K	50x	as long as short
BloFin ZK-USDT	+0.0100%	4h	0.01160	−0.855%	$211K	$24K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.1296%	1h	0.01167	−0.259%	$193K	$43K	25x	as long as short