Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.013%
Price spread now: Injective against Variational Omni−0.476%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.476% cheaper against Variational Omni than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZK | 0.01176 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $57K | $15K | — |
| Short | Injective ZK/USDC PERP | 0.01170 | 0.0033 | get 0.0004% / 1h | 32m 27s | $2K | $31K | 5.5x |
Variational Omni ZK
Injective ZK/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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
- −$14
- Price spread: −0.476% → 0.000%
- −$47.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$61.61
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Injective: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Variational Omni and Injective: 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 | −0.0029% | 4h | 0.01177 | +0.103% | $1.0M | $2.2M | 20x | as long as short |
| Injective ZK/USDC PERPshort | +0.0033% | 1h | 0.01170 | −0.476% | $2K | $31K | 5.5x | |
| BloFin ZK-USDT | +0.0055% | 4h | 0.01177 | +0.111% | $216K | $21K | 75x | as long as short |
| Lighter ZK | +0.0096% | 1h | 0.01180 | +0.383% | $135K | $181K | 8x | as long as short |
| Hyperliquid ZK | +0.0100% | 1h | 0.01179 | +0.315% | $588K | $187K | 5x | as long as short |
| Aster ZKUSDT | +0.0100% | 4h | 0.01179 | +0.292% | $32K | $21K | 10x | as long as short |
| Pacifica ZK | +0.0100% | 1h | 0.01178 | +0.230% | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | +0.0100% | 4h | 0.01178 | +0.235% | $4.9M | $8.1M | 75x | as long as short |
| Bybit ZKUSDT | +0.0100% | 4h | 0.01177 | +0.137% | $5.1M | $2.4M | 25x | as long as short |
| Gate ZK_USDT | +0.0100% | 8h | 0.01177 | +0.120% | $306K | $254K | 50x | as long as short |
OKX ZK-USDT-SWAP
BloFin ZK-USDT
Lighter ZK
Hyperliquid ZK
Aster ZKUSDT
Pacifica ZK
Binance ZKUSDT
Bybit ZKUSDT
Gate ZK_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZKUSDTM | +0.0100% | 4h | 0.01177 | +0.120% | $969K | $1.4M | 50x | as long as short |
| Bitget ZKUSDT | +0.0100% | 4h | 0.01178 | +0.205% | $1.5M | $840K | 75x | as long as short |
| BingX ZK-USDT | +0.0100% | 4h | 0.01178 | +0.205% | — | $6.7M | — | as long as short |
| Variational Omni ZKlong | +0.0100% | 4h | 0.01176 | long leg | $57K | $15K | — | |
| GRVT ZK_USDT_Perp | +0.0100% | 4h | 0.01178 | +0.205% | $152K | $2.4M | 10x | as long as short |
| ApeX Omni ZKUSDT | +0.0100% | 1h | 0.01179 | +0.290% | $8K | $620K | 50x | as long as short |
| Kraken Futures PF_ZKUSD | +0.1332% | 1h | 0.01180 | +0.383% | $194K | $38K | 25x | as long as short |
KuCoin ZKUSDTM
Bitget ZKUSDT
BingX ZK-USDT
GRVT ZK_USDT_Perp
ApeX Omni ZKUSDT
Kraken Futures PF_ZKUSD