Funding you earn now, next payment 00:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against OKX+0.025%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now +0.025%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$5 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 | 0.01179 | −0.0056 | get 0.0028% / 4h | 7m 01s | $990K | $2.4M | 20x |
| Short | Bitget ZKUSDT | 0.01179 | 0.0100 | get 0.0050% / 4h | 7m 01s | $1.5M | $864K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $32.8
- Price spread: +0.025% → +0.034%
- −$0.85
- Slippage, 4 orders
- −$56.61
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.65
- Costs to cover
- 0.786%
- Break-even
- 17.0 days
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 5 min ago.
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 OKX live order book, 5 min ago | 1.70 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.49 bp | 19.5 bp −$20 | 50.2 bp −$502 | doesn't fit | doesn't fit |
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-SWAPlong | −0.0056% | 4h | 0.01179 | long leg | $990K | $2.4M | 20x | |
| Injective ZK/USDC PERP | +0.0033% | 1h | 0.01170 | −0.738% | $2K | $31K | 5.5x | as long as short |
| BloFin ZK-USDT | +0.0074% | 4h | 0.01178 | −0.102% | $214K | $24K | 75x | as long as short |
| Lighter ZK | +0.0096% | 1h | 0.01181 | +0.187% | $129K | $168K | 8x | as long as short |
| Hyperliquid ZK | +0.0100% | 1h | 0.01181 | +0.187% | $600K | $238K | 5x | as long as short |
| Aster ZKUSDT | +0.0100% | 4h | 0.01179 | +0.054% | $37K | $19K | 10x | as long as short |
| Pacifica ZK | +0.0100% | 1h | 0.01179 | 0.000% | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | +0.0100% | 4h | 0.01179 | +0.042% | $4.8M | $9.8M | 75x | as long as short |
| Bybit ZKUSDT | +0.0100% | 4h | 0.01178 | −0.068% | $5.0M | $2.7M | 25x | as long as short |
| Gate ZK_USDT | +0.0100% | 8h | 0.01179 | +0.025% | $321K | $246K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZKUSDTM | +0.0100% | 4h | 0.01178 | −0.059% | $985K | $1.1M | 50x | as long as short |
| Bitget ZKUSDTshort | +0.0100% | 4h | 0.01179 | +0.025% | $1.5M | $864K | 75x | |
| BingX ZK-USDT | +0.0100% | 4h | 0.01179 | −0.008% | — | $6.7M | — | as long as short |
| Variational Omni ZK | +0.0100% | 4h | 0.01177 | −0.167% | $57K | $15K | — | as long as short |
| GRVT ZK_USDT_Perp | +0.0100% | 4h | 0.01179 | +0.026% | $162K | $2.8M | 10x | as long as short |
| ApeX Omni ZKUSDT | +0.0100% | 1h | 0.01179 | +0.025% | $9K | $627K | 50x | as long as short |
| Kraken Futures PF_ZKUSD | +0.1408% | 1h | 0.01181 | +0.230% | $195K | $44K | 25x | as long as short |
OKX ZK-USDT-SWAP
Bitget ZKUSDT
Injective ZK/USDC PERP
BloFin ZK-USDT
Lighter ZK
Hyperliquid ZK
Aster ZKUSDT
Pacifica ZK
Binance ZKUSDT
Bybit ZKUSDT
Gate ZK_USDT
KuCoin ZKUSDTM
BingX ZK-USDT
Variational Omni ZK
GRVT ZK_USDT_Perp
ApeX Omni ZKUSDT
Kraken Futures PF_ZKUSD