Funding arb · Price arb /

ZK

all ZK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Aster against ApeX Omni−0.318%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.318% cheaper against ApeX Omni than usual: you would sell low and buy high, −$32 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZKUSDT	0.01159	0.0100	pay 0.0013% / 1h	27m 12s	$8K	$624K	50x
Short	Aster ZKUSDT	0.01155	0.0100	get 0.0050% / 4h	2h 27m	$31K	$21K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.318%Rate

Funding earned: $0
Price spread: −0.318% → 0.000%: −$31.79
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$49.79
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 21 min ago; Aster: no order-book sample. Net counts fees only.

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 ApeX Omni live order book, 21 min ago	12.80 bp	22.1 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZK on 17 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
OKX ZK-USDT-SWAP	−0.0153%	4h	0.01153	−0.483%	$978K	$2.1M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+0.949%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01155	−0.354%	$125K	$192K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01156	−0.259%	$577K	$176K	5x	as long as short
Aster ZKUSDTshort	+0.0100%	4h	0.01155	−0.318%	$31K	$21K	10x
Pacifica ZK	+0.0100%	1h	0.01155	−0.345%	$28K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01154	−0.397%	$4.8M	$8.0M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01153	−0.526%	$5.0M	$2.3M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01155	−0.345%	$295K	$258K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01154	−0.431%	$952K	$1.5M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZKUSDT	+0.0100%	4h	0.01152	−0.604%	$1.4M	$849K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01155	−0.336%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01158	−0.106%	$56K	$13K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01159	0.000%	$160K	$2.3M	10x	as long as short
ApeX Omni ZKUSDTlong	+0.0100%	1h	0.01159	long leg	$8K	$624K	50x
BloFin ZK-USDT	+0.0137%	4h	0.01154	−0.449%	$211K	$17K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.1290%	1h	0.01156	−0.265%	$190K	$35K	25x	as long as short