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 +0.007%
Price spread now: OKX against BingX−0.060%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.060%, 7d avg +0.024%
Together, before fees+0.192%+$19 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: OKX is 0.083% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZKP-USDT0.050420.0100pay 0.0050% / 4h25m 37s$6.6M
ShortOKX ZKP-USDT-SWAP0.050390.0100get 0.0050% / 4h25m 37s$322K$584K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.060% → +0.024%
−$8.32
Slippage, 4 orders
−$145.24
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$173.56
Costs to cover
1.652%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; OKX: live order book, 30 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, 11 min ago4.99 bp32.4 bp −$32165.3 bp −$1,653doesn't fitdoesn't fit
Sell OKX live order book, 30 min ago4.97 bp49.1 bp −$49doesn'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+0.0070%4h0.05052+0.198%$221K$45K40xas long as short
Binance ZKPUSDT+0.0100%4h0.05036−0.114%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.05031−0.218%$1.2M$1.1M25xas long as short
OKX ZKP-USDT-SWAPshort+0.0100%4h0.05039−0.060%$322K$584K20x
Gate ZKP_USDT+0.0100%4h0.05034−0.159%$324K$180K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05036−0.119%$1.2M$207K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.05033−0.179%$586K$515K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.05038−0.079%$319K$278K20xas long as short
BingX ZKP-USDTlong+0.0100%4h0.05042long leg$6.6M
Aster ZKPUSDT+0.0158%4h0.05041−0.021%$27K$83K5xas long as short