ZKP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BloFin+0.122%71s7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$960.963% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.426%−$43 · spread now +0.122%, 7d avg −0.044%

Together, before fees−0.405%−$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.165% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.044%. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZKP-USDT	0.04929	0.0073	pay 0.0037% / 4h	2h 23m	$227K	$36K	40x
Short	Binance ZKPUSDT	0.04935	0.0100	get 0.0050% / 4h	2h 23m	$2.7M	$2.6M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.122%Rate

Funding earned: $5.66
Price spread: +0.122% → −0.044%: $16.54
Slippage, 4 orders: −$74.3
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$74.1
Costs to cover: 0.963%
Break-even: 98.7 days

Slippage from BloFin: live order book, 59 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 59 min ago	5.08 bp	24.3 bp −$24	95.2 bp −$952	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.01 bp	31.0 bp −$31	201.6 bp −$2,016	doesn't fit	doesn't fit

ZKP on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ZKP-USDTlong	+0.0073%	4h	0.04929	long leg	$227K	$36K	40x
Binance ZKPUSDTshort	+0.0100%	4h	0.04935	+0.122%	$2.7M	$2.6M	40x
Bybit ZKPUSDT	+0.0100%	4h	0.04925	−0.081%	$1.2M	$987K	25x	as long as short
OKX ZKP-USDT-SWAP	+0.0100%	4h	0.04938	+0.183%	$331K	$529K	20x	as long as short
Gate ZKP_USDT	+0.0100%	4h	0.04927	−0.041%	$322K	$175K	25x	as long as short
MEXC ZKP_USDT	+0.0100%	4h	0.04934	+0.101%	$1.2M	$209K	20x	as long as short
KuCoin ZKPUSDTM	+0.0100%	4h	0.04926	−0.061%	$573K	$538K	20x	as long as short
Bitget ZKPUSDT	+0.0100%	4h	0.04931	+0.041%	$288K	$251K	20x	as long as short
BingX ZKP-USDT	+0.0100%	4h	0.04928	−0.020%	—	$6.6M	—	as long as short
Aster ZKPUSDT	+0.0278%	4h	0.04934	+0.101%	$23K	$80K	5x	as long as short