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

ZK

all ZK 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 0.000%
Price spread now: Binance against BingX+0.016%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.016%, 7d avg +0.001%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZK-USDT0.011750.0100pay 0.0050% / 4h1h 55m$6.7M
ShortBinance ZKUSDT0.011750.0100get 0.0050% / 4h1h 55m$4.9M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.016% → +0.001%
$1.49
Slippage, 4 orders
−$63.06
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.56
Costs to cover
0.831%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 13 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 BingX live order book, 11 min ago3.40 bp25.1 bp −$2553.6 bp −$536372.7 bp −$37.3K632.8 bp −$316.4K
Sell Binance live order book, 13 min ago2.13 bp18.6 bp −$1961.9 bp −$619doesn't fitdoesn't fit

ZK on 17 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
OKX ZK-USDT-SWAP−0.0059%4h0.01174−0.085%$998K$2.2M20xas long as short
Injective ZK/USDC PERP+0.0033%1h0.01170−0.442%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01177+0.136%$128K$194K8xas long as short
Hyperliquid ZK+0.0100%1h0.01176+0.111%$584K$180K5xas long as short
Aster ZKUSDT+0.0100%4h0.01175+0.019%$31K$21K10xas long as short
Pacifica ZK+0.0100%1h0.01176+0.077%$29K$3K5xas long as short
Binance ZKUSDTshort+0.0100%4h0.01175+0.016%$4.9M$8.1M75x
Bybit ZKUSDT+0.0100%4h0.01175−0.017%$5.1M$2.4M25xas long as short
Gate ZK_USDT+0.0100%8h0.01175−0.017%$299K$259K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01175−0.017%$967K$1.5M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h0.01176+0.068%$1.4M$909K75xas long as short
BingX ZK-USDTlong+0.0100%4h0.01175long leg$6.7M
Variational Omni ZK+0.0100%4h0.01175+0.012%$57K$13Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.01180+0.408%$155K$2.3M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.01180+0.408%$8K$625K50xas long as short
BloFin ZK-USDT+0.0159%4h0.01183+0.638%$213K$18K75xas long as short
Kraken Futures PF_ZKUSD+0.1643%1h0.01178+0.255%$201K$42K25xas long as short