Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BloFin+0.200%55s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as 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−$1421.423% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.515%−$51 · spread now +0.200%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.251% dearer against BloFin than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 55 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 | 0.05008 | 0.0107 | pay 0.0054% / 4h | 48m 15s | $218K | $45K | 40x |
| Short | Bitget ZKPUSDT | 0.05018 | 0.0100 | get 0.0050% / 4h | 48m 15s | $311K | $272K | 20x |
BloFin ZKP-USDT
Bitget ZKPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.56
- Price spread: +0.200% → −0.052%
- $25.13
- Slippage, 4 orders
- −$118.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.68
- Costs to cover
- 1.423%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; Bitget: live order book, 2 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, 50 min ago | 2.00 bp | 24.7 bp −$25 | 120.3 bp −$1,203 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.99 bp | 40.8 bp −$41 | 364.9 bp −$3,649 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.05017 | +0.184% | $2.7M | $2.9M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.05011 | +0.060% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.05016 | +0.160% | $324K | $577K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05017 | +0.180% | $323K | $179K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.05014 | +0.120% | $1.2M | $205K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.05011 | +0.060% | $578K | $520K | 20x | as long as short |
| Bitget ZKPUSDTshort | +0.0100% | 4h | 0.05018 | +0.200% | $311K | $272K | 20x | |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05016 | +0.160% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDTlong | +0.0107% | 4h | 0.05008 | long leg | $218K | $45K | 40x | |
| Aster ZKPUSDT | +0.0232% | 4h | 0.05013 | +0.104% | $27K | $84K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
BingX ZKP-USDT
Aster ZKPUSDT