ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.016%

Price spread now: Lighter against Injective+2.188%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 2.188% dearer against Injective than usual: you sell high and buy low: +$219 more if the spread 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	Injective ZK/USDC PERP	0.01170	0.0033	pay 0.0004% / 1h	48m 55s	$2K	$31K	5.5x
Short	Lighter ZK	0.01196	0.0096	get 0.0012% / 1h	48m 55s	$129K	$180K	8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now +2.188%Rate

Funding earned: $13.16
Price spread: +2.188% → 0.000%: $218.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $231.94
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 56 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 56 min ago	11.37 bp	21.0 bp −$21	74.6 bp −$746	doesn't fit	doesn't fit

Injective: 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 exchanges

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
Injective ZK/USDC PERPlong	+0.0033%	1h	0.01170	long leg	$2K	$31K	5.5x
BloFin ZK-USDT	+0.0078%	4h	0.01195	+2.145%	$214K	$27K	75x	as long as short
Lighter ZKshort	+0.0096%	1h	0.01196	+2.188%	$129K	$180K	8x
Hyperliquid ZK	+0.0100%	1h	0.01195	+2.128%	$592K	$171K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01194	+2.078%	$33K	$20K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01194	+2.026%	$29K	$2K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01193	+1.994%	$4.9M	$7.8M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01194	+2.017%	$5.1M	$2.5M	25x	as long as short
OKX ZK-USDT-SWAP	+0.0100%	4h	0.01193	+1.957%	$1.0M	$2.2M	20x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01194	+2.051%	$306K	$268K	50x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01194	+2.051%	$966K	$1.8M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01195	+2.137%	$1.5M	$877K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01193	+2.009%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01195	+2.098%	$58K	$4K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01196	+2.253%	$160K	$2.0M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01195	+2.137%	$8K	$635K	50x	as long as short
Kraken Futures PF_ZKUSD	+4.0110%	1h	0.01196	+2.197%	$208K	$48K	25x	as long as short