ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.017%

Price spread now: Pacifica against Injective+3.333%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 3.333% dearer against Injective than usual: you sell high and buy low: +$333 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	0m 13s	$2K	$31K	5.5x
Short	Pacifica ZK	0.01209	0.0100	get 0.0013% / 1h	0m 13s	$30K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +3.333%Rate

Funding earned: $14
Price spread: +3.333% → 0.000%: $333.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $339.31
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Pacifica: 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 Injective no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Injective and Pacifica: 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
Injective ZK/USDC PERPlong	+0.0033%	1h	0.01170	long leg	$2K	$31K	5.5x
Lighter ZK	+0.0096%	1h	0.01211	+3.504%	$128K	$187K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01210	+3.419%	$599K	$163K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01210	+3.420%	$33K	$22K	10x	as long as short
Pacifica ZKshort	+0.0100%	1h	0.01209	+3.333%	$30K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01209	+3.359%	$5.0M	$7.7M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01209	+3.291%	$5.1M	$2.5M	25x	as long as short
OKX ZK-USDT-SWAP	+0.0100%	4h	0.01208	+3.248%	$1.0M	$2.2M	20x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01209	+3.333%	$304K	$267K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01209	+3.333%	$981K	$1.7M	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	0.01211	+3.504%	$1.5M	$810K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01209	+3.325%	—	$6.6M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01208	+3.237%	$58K	$8K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01212	+3.594%	$162K	$2.1M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01213	+3.675%	$8K	$633K	50x	as long as short
BloFin ZK-USDT	+0.0116%	4h	0.01210	+3.402%	$216K	$26K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.3510%	1h	0.01214	+3.798%	$212K	$42K	25x	as long as short