Settings8H · net · $10k
Funding arb · Price arb /

ZK

all ZK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.20 per $10,000 · paid last 24h +0.010%
Price spread now: Variational Omni against OKX−0.242%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.242% cheaper against OKX than usual: you would sell low and buy high (spread −0.242% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 3.3 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZK-USDT-SWAP0.01154−0.0141get 0.0070% / 4h2h 23m$982K$2.1M20x
ShortVariational Omni ZK0.011510.0100get 0.0050% / 4h2h 23m$56K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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

Funding earned
$50.61
Price spread: −0.242% → 0.000%
−$24.18
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$16.43
Costs to cover
0.100%
Break-even
4.7 days
Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago3.91 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZK-USDT-SWAPlong−0.0141%4h0.01154long leg$982K$2.1M20x
Injective ZK/USDC PERP+0.0033%1h0.01170+1.395%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01155+0.104%$124K$193K8xas long as short
Hyperliquid ZK+0.0100%1h0.01155+0.078%$575K$178K5xas long as short
Aster ZKUSDT+0.0100%4h0.01155+0.061%$31K$21K10xas long as short
Pacifica ZK+0.0100%1h0.01154+0.035%$28K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01155+0.078%$4.8M$8.0M75xas long as short
Bybit ZKUSDT+0.0100%4h0.01153−0.043%$5.0M$2.4M25xas long as short
Gate ZK_USDT+0.0100%8h0.01153−0.078%$293K$264K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01153−0.078%$946K$1.5M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h0.01153−0.078%$1.4M$899K75xas long as short
BingX ZK-USDT+0.0100%4h0.01154+0.009%$6.7Mas long as short
Variational Omni ZKshort+0.0100%4h0.01151−0.242%$56K$13K
GRVT ZK_USDT_Perp+0.0100%4h0.01156+0.182%$159K$2.3M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.01157+0.269%$8K$625K50xas long as short
BloFin ZK-USDT+0.0143%4h0.01155+0.139%$212K$17K75xas long as short
Kraken Futures PF_ZKUSD+0.1290%1h0.01156+0.174%$190K$35K25xas long as short