ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.74 per $10,000 · paid last 24h +0.015%

Price spread now: Binance against OKX+0.009%7-day average −0.009% · 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−$83as in the Price arb table

costs, in and out, $10k−$840.842% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 7 days−0.035%−$4 · spread now +0.009%, 7d avg −0.009%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZK-USDT-SWAP	0.01169	−0.0049	get 0.0024% / 4h	3h 08m	$994K	$2.2M	20x
Short	Binance ZKUSDT	0.01169	0.0100	get 0.0050% / 4h	3h 08m	$4.8M	$8.1M	75x

Funding history

latest

Range statsloading…

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.009%Rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 16 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	3.41 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.43 bp	21.3 bp −$21	60.7 bp −$607	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-SWAPlong	−0.0049%	4h	0.01169	long leg	$994K	$2.2M	20x
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+0.060%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01171	+0.128%	$127K	$189K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01171	+0.137%	$585K	$188K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01171	+0.135%	$31K	$20K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01170	+0.034%	$29K	$3K	5x	as long as short
Binance ZKUSDTshort	+0.0100%	4h	0.01169	+0.009%	$4.8M	$8.1M	75x
Bybit ZKUSDT	+0.0100%	4h	0.01169	−0.009%	$5.1M	$2.4M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01169	−0.026%	$300K	$262K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01170	+0.060%	$962K	$1.4M	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	0.01170	+0.060%	$1.5M	$846K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01170	+0.034%	—	$6.6M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01171	+0.157%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01174	+0.402%	$159K	$2.3M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01176	+0.573%	$8K	$619K	50x	as long as short
BloFin ZK-USDT	+0.0114%	4h	0.01172	+0.248%	$214K	$20K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.1338%	1h	0.01174	+0.434%	$193K	$36K	25x	as long as short