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

ZKP

all ZKP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BingX−0.241%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2072.073% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 7 days+0.207%+$21 · spread now −0.241%, 7d avg −0.051%
Together, before fees+0.246%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.190% cheaper against BingX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZKP-USDT0.049780.0100pay 0.0050% / 4h7m 48s$6.6M
ShortBybit ZKPUSDT0.049660.0100get 0.0050% / 4h7m 48s$1.2M$981K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.241% → −0.051%
−$19.05
Slippage, 4 orders
−$186.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$226.34
Costs to cover
2.073%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago5.02 bp28.6 bp −$2991.7 bp −$917doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago7.05 bp73.2 bp −$73doesn't fitdoesn'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
BloFin ZKP-USDT+0.0062%4h0.04983+0.100%$218K$37K40xas long as short
Binance ZKPUSDT+0.0100%4h0.04981+0.063%$2.7M$2.7M40xas long as short
Bybit ZKPUSDTshort+0.0100%4h0.04966−0.241%$1.2M$981K25x
OKX ZKP-USDT-SWAP+0.0100%4h0.04983+0.100%$334K$550K20xas long as short
Gate ZKP_USDT+0.0100%4h0.04970−0.161%$328K$180K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.04980+0.040%$1.2M$185K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.04977−0.020%$584K$543K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04985+0.141%$292K$256K20xas long as short
BingX ZKP-USDTlong+0.0100%4h0.04978long leg$6.6M
Aster ZKPUSDT+0.0213%4h0.04977−0.012%$24K$80K5xas long as short