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

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BingX+0.020%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.020%, 7d avg +0.022%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZKP-USDT0.050400.0100pay 0.0050% / 4h29m 56s$6.6M
ShortBitget ZKPUSDT0.050410.0100get 0.0050% / 4h29m 56s$319K$282K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.020% → +0.022%
−$0.25
Slippage, 4 orders
−$139.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$162.14
Costs to cover
1.619%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 20 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 BingX live order book, 7 min ago4.99 bp32.4 bp −$32165.3 bp −$1,653doesn't fitdoesn't fit
Sell Bitget live order book, 20 min ago5.99 bp40.8 bp −$41364.9 bp −$3,649doesn't fitdoesn't fit

ZKP on 10 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
Binance ZKPUSDT+0.0100%4h0.05049+0.179%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.05043+0.060%$1.2M$1.0M25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.05047+0.139%$324K$584K20xas long as short
Gate ZKP_USDT+0.0100%4h0.05038−0.040%$324K$180K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05050+0.198%$1.2M$206K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.05043+0.060%$586K$517K20xas long as short
Bitget ZKPUSDTshort+0.0100%4h0.05041+0.020%$319K$282K20x
BingX ZKP-USDTlong+0.0100%4h0.05040long leg$6.6M
BloFin ZKP-USDT+0.0133%4h0.05043+0.060%$221K$45K40xas long as short
Aster ZKPUSDT+0.0157%4h0.05041+0.027%$27K$83K5xas long as short