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

ZK

all ZK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1224%/8h= +134.0% APRpaid last 24h +0.555%
Price spread now: Kraken Futures against Variational Omni+0.246%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Kraken Futures is 0.246% dearer against Variational Omni than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZK0.011840.0100pay 0.0050% / 4h3h 56m$58K$15K
ShortKraken Futures PF_ZKUSD0.011870.1324get 0.0165% / 1h56m 44s$195K$38K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$256.98
Price spread: +0.246% → 0.000%
$24.63
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$271.61
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 61 min ago. 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 Variational Omni no order-book sample
Sell Kraken Futures live order book, 61 min ago26.25 bp42.0 bp −$42263.0 bp −$2,630doesn't fitdoesn't fit
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-SWAP+0.0001%4h0.01183−0.130%$1.0M$2.2M20xas long as short
Injective ZK/USDC PERP+0.0033%1h0.01170−1.203%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01184−0.004%$136K$181K8xas long as short
Hyperliquid ZK+0.0100%1h0.01185+0.047%$590K$188K5xas long as short
Aster ZKUSDT+0.0100%4h0.01184+0.001%$32K$21K10xas long as short
Pacifica ZK+0.0100%1h0.01185+0.064%$30K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01184−0.012%$4.9M$8.3M75xas long as short
Bybit ZKUSDT+0.0100%4h0.01183−0.113%$5.1M$2.4M25xas long as short
Gate ZK_USDT+0.0100%8h0.01183−0.105%$326K$239K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01183−0.105%$978K$1.4M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h0.01183−0.105%$1.5M$841K75xas long as short
BingX ZK-USDT+0.0100%4h0.01183−0.105%$6.7Mas long as short
Variational Omni ZKlong+0.0100%4h0.01184long leg$58K$15K
GRVT ZK_USDT_Perp+0.0100%4h0.01184−0.021%$161K$2.4M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.01184−0.020%$8K$618K50xas long as short
BloFin ZK-USDT+0.0152%4h0.01183−0.147%$217K$21K75xas long as short
Kraken Futures PF_ZKUSDshort+0.1324%1h0.01187+0.246%$195K$38K25x