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

ZKC

all ZKC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1194%/8h= −130.7% APRnext payment $5.97 per $10,000 · paid last 24h −0.721%
Price spread now: HTX against BingX+0.024%7-day average −0.112% · 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 7 days−0.574%−$57 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.024%, 7d avg −0.112%
Together, before fees−0.731%−$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.136% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.112%): +$14 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.574% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.574% in total (about -29.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZKC-USDT0.042420.1294pay 0.0647% / 4h3h 53m$2.3M
ShortHTX ZKC-USDT0.042430.0100get 0.0050% / 4h3h 53m$5K$330K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
−$250.74
Price spread: +0.024% → −0.112%
$13.59
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$259.15
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 min ago; HTX: live order book, 44 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 BingX live order book, 11 min ago3.53 bp28.9 bp −$2983.5 bp −$8351181.6 bp −$118.2Kdoesn't fit
Sell HTX live order book, 44 min ago34.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ZKC on 11 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
Aster ZKCUSDT+0.0100%4h0.04248+0.138%$5K$2K5xas long as short
Binance ZKCUSDT+0.0100%4h0.04244+0.047%$2.2M$3.8M25xas long as short
Bybit ZKCUSDT+0.0100%4h0.04232−0.236%$834K$774K25xas long as short
Gate ZKC_USDT+0.0100%4h0.04238−0.094%$168K$139K25xas long as short
MEXC ZKC_USDT+0.0100%4h0.04243+0.024%$355K$136K20xas long as short
KuCoin ZKCUSDTM+0.0100%4h0.04245+0.071%$255K$52K25xas long as short
Bitget ZKCUSDT+0.0100%4h0.04249+0.165%$458K$218K25xas long as short
Variational Omni ZKC+0.0100%4h0.04240−0.052%$11K$44Kas long as short
SunX ZKC-USDT+0.0100%4h0.04247+0.118%$1.3M10xas long as short
HTX ZKC-USDTshort+0.0100%4h0.04243+0.024%$5K$330K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZKC-USDTlong+0.1294%4h0.04242long leg$2.3M