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 0.000%
Price spread now: BingX against Bybit0.000%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1891.886% 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+0.053%+$5 · spread now 0.000%, 7d avg +0.051%
Together, before fees+0.014%+$1 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: BingX is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZKPUSDT0.049550.0100pay 0.0050% / 4h2h 48m$1.2M$975K25x
ShortBingX ZKP-USDT0.049550.0100get 0.0050% / 4h2h 48m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: 0.000% → +0.051%
−$5.11
Slippage, 4 orders
−$167.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$193.67
Costs to cover
1.886%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: 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 Bybit live order book, 2 min ago2.02 bp58.2 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago1.01 bp23.5 bp −$2488.4 bp −$884doesn'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%4h0.04961+0.121%$2.7M$2.7M40xas long as short
Bybit ZKPUSDTlong+0.0100%4h0.04955long leg$1.2M$975K25x
OKX ZKP-USDT-SWAP+0.0100%4h0.04964+0.182%$327K$567K20xas long as short
Gate ZKP_USDT+0.0100%4h0.04952−0.061%$330K$178K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.04960+0.101%$1.2M$190K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.04953−0.040%$581K$536K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04950−0.101%$288K$257K20xas long as short
BingX ZKP-USDTshort+0.0100%4h0.049550.000%$6.6M
BloFin ZKP-USDT+0.0128%4h0.04958+0.061%$215K$41K40xas long as short
Aster ZKPUSDT+0.0367%4h0.04950−0.097%$23K$80K5xas long as short