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 −0.007%
Price spread now: BingX against OKX+0.060%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.060%, 7d avg −0.024%
Together, before fees−0.192%−$19 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 0.083% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZKP-USDT-SWAP0.050390.0100pay 0.0050% / 4h25m 39s$322K$584K20x
ShortBingX ZKP-USDT0.050420.0100get 0.0050% / 4h25m 39s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.060% → −0.024%
$8.33
Slippage, 4 orders
−$145.24
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$156.91
Costs to cover
1.652%
Break-even
never at this rate
Slippage from OKX: live order book, 30 min ago; BingX: live order book, 11 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 OKX live order book, 30 min ago4.97 bp51.6 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago4.99 bp32.2 bp −$32113.2 bp −$1,1321052.0 bp −$105.2Kdoesn'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
BloFin ZKP-USDT+0.0070%4h0.05052+0.258%$221K$45K40xas long as short
Binance ZKPUSDT+0.0100%4h0.05036−0.055%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.05031−0.159%$1.2M$1.1M25xas long as short
OKX ZKP-USDT-SWAPlong+0.0100%4h0.05039long leg$322K$584K20x
Gate ZKP_USDT+0.0100%4h0.05034−0.099%$324K$180K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05036−0.060%$1.2M$207K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.05033−0.119%$586K$515K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.05038−0.020%$319K$278K20xas long as short
BingX ZKP-USDTshort+0.0100%4h0.05042+0.060%$6.6M
Aster ZKPUSDT+0.0158%4h0.05041+0.038%$27K$83K5xas long as short