Settings8H · net · $10k
Funding arb · Price arb /

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against KuCoin+0.020%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,365as in the Price arb table
costs, in and out, $10k−$1,36313.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.020%, 7d avg +0.038%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZKPUSDTM0.050040.0100pay 0.0050% / 4h22m 33s$577K$488K20x
ShortBingX ZKP-USDT0.050050.0100get 0.0050% / 4h22m 33s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: +0.020% → +0.038%
−$1.77
Slippage, 4 orders
−$1,340.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,364.71
Costs to cover
13.629%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; BingX: live order book, 5 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 KuCoin live order book, 12 min ago14.94 bp1060.9 bp −$1,061doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago5.98 bp31.0 bp −$3196.1 bp −$9611202.3 bp −$120.2Kdoesn'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%4h0.05017+0.263%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.05002−0.040%$1.2M$1.0M25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.05012+0.160%$315K$579K20xas long as short
Gate ZKP_USDT+0.0100%4h0.05008+0.080%$317K$191K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05017+0.260%$1.2M$212K20xas long as short
KuCoin ZKPUSDTMlong+0.0100%4h0.05004long leg$577K$488K20x
Bitget ZKPUSDT+0.0100%4h0.05005+0.020%$307K$273K20xas long as short
BingX ZKP-USDTshort+0.0100%4h0.05005+0.020%$6.6M
BloFin ZKP-USDT+0.0118%4h0.05011+0.140%$218K$48K40xas long as short
Aster ZKPUSDT+0.0350%4h0.05011+0.142%$27K$84K5xas long as short