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+0.0576%/8h= +63.1% APRnext payment +$2.88 per $10,000 · paid last 24h +0.721%
Price spread now: BingX against KuCoin−0.094%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$959as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,033as in the Price arb table
costs, in and out, $10k−$1,02710.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.677%+$68 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.094%, 7d avg −0.026%
Together, before fees+0.797%+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.069% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.026%). If the spread goes back, that is −$7 on $10k: about 10 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZKCUSDTM0.042370.0100pay 0.0050% / 4h3h 46m$255K$52K25x
ShortBingX ZKC-USDT0.042330.0676get 0.0338% / 4h3h 46m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$120.96
Price spread: −0.094% → −0.026%
−$6.87
Slippage, 4 orders
−$1,004.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$912.5
Costs to cover
10.266%
Break-even
59.8 days
Slippage from KuCoin: live order book, 45 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 45 min ago11.81 bp466.5 bp −$467doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago3.55 bp24.5 bp −$2484.9 bp −$8491006.1 bp −$100.6K1351.4 bp −$675.7K

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%4h0.04238+0.025%$5K$2K5xas long as short
Binance ZKCUSDT+0.0100%4h0.04229−0.188%$2.2M$3.8M25xas long as short
Gate ZKC_USDT+0.0100%4h0.04232−0.118%$167K$139K25xas long as short
MEXC ZKC_USDT+0.0100%4h0.04230−0.165%$354K$137K20xas long as short
KuCoin ZKCUSDTMlong+0.0100%4h0.04237long leg$255K$52K25x
Bitget ZKCUSDT+0.0100%4h0.04236−0.024%$456K$217K25xas long as short
Variational Omni ZKC+0.0100%4h0.04237−0.005%$11K$44Kas long as short
SunX ZKC-USDT+0.0100%4h0.04239+0.047%$1.3M10xas long as short
HTX ZKC-USDT+0.0100%4h0.04229−0.189%$5K$330K20xas long as short
BingX ZKC-USDTshort+0.0676%4h0.04233−0.094%$2.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZKCUSDT+0.0924%4h0.04223−0.330%$832K$775K25xas long as short