Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.097%
Price spread now: Bybit against Gate−0.040%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3733.727% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.040%, 7d avg −0.059%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZKP_USDT | 0.04969 | 0.0100 | pay 0.0050% / 4h | 8m 50s | $328K | $180K | 25x |
| Short | Bybit ZKPUSDT | 0.04967 | 0.0100 | get 0.0050% / 4h | 8m 50s | $1.2M | $982K | 25x |
Gate ZKP_USDT
Bybit ZKPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: −0.040% → −0.059%
- $1.9
- Slippage, 4 orders
- −$346.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$370.83
- Costs to cover
- 3.727%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: 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 Gate live order book, 1 min ago | 12.05 bp | 182.6 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.05 bp | 73.2 bp −$73 | doesn't fit | 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-USDT | +0.0062% | 4h | 0.04983 | +0.282% | $218K | $37K | 40x | as long as short |
| Binance ZKPUSDT | +0.0100% | 4h | 0.04979 | +0.195% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDTshort | +0.0100% | 4h | 0.04967 | −0.040% | $1.2M | $982K | 25x | |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04984 | +0.302% | $334K | $550K | 20x | as long as short |
| Gate ZKP_USDTlong | +0.0100% | 4h | 0.04969 | long leg | $328K | $180K | 25x | |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04979 | +0.201% | $1.2M | $185K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04976 | +0.141% | $585K | $543K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04981 | +0.241% | $292K | $256K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04977 | +0.161% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0222% | 4h | 0.04977 | +0.164% | $24K | $80K | 5x | as long as short |
BloFin ZKP-USDT
Binance ZKPUSDT
OKX ZKP-USDT-SWAP
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT