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: Bybit against OKX−0.080%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2262.257% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.080%, 7d avg −0.074%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZKP-USDT-SWAP | 0.04994 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $332K | $553K | 20x |
| Short | Bybit ZKPUSDT | 0.04990 | 0.0100 | get 0.0050% / 4h | 3h 11m | $1.2M | $967K | 25x |
OKX ZKP-USDT-SWAP
Bybit ZKPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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: −0.080% → −0.074%
- −$0.62
- Slippage, 4 orders
- −$204.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$226.37
- Costs to cover
- 2.257%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 min ago; Bybit: live order book, 5 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 OKX live order book, 60 min ago | 3.01 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.01 bp | 70.7 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.04995 | +0.020% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDTshort | +0.0100% | 4h | 0.04990 | −0.080% | $1.2M | $967K | 25x | |
| OKX ZKP-USDT-SWAPlong | +0.0100% | 4h | 0.04994 | long leg | $332K | $553K | 20x | |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04990 | −0.080% | $333K | $180K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04993 | −0.020% | $1.2M | $191K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04993 | −0.020% | $584K | $536K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04991 | −0.060% | $295K | $258K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04993 | −0.020% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDT | +0.0124% | 4h | 0.04992 | −0.040% | $220K | $41K | 40x | as long as short |
| Aster ZKPUSDT | +0.0376% | 4h | 0.04992 | −0.042% | $24K | $80K | 5x | as long as short |
Binance ZKPUSDT
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
BloFin ZKP-USDT
Aster ZKPUSDT