data as of
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ZK

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC−0.1656%/8h
next payment, per $10,000−$2.07paid, last 24h−0.567%paid, last 7 days−1.319%to open and close $10k−$198
Long on Kraken FuturesShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZKUSD0.011730.1756pay 0.0220% / 1h15m 22s$195K$39K25x
ShortHyperliquid ZK0.011720.0100get 0.0013% / 1h15m 22s$573K$271K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$347.86
Slippage, 4 orders
−$178.69
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$545.55
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 29 min ago; Hyperliquid: live order book, 66 min ago.

Price risk

price view
Price gap now
−0.112%
Avg gap 7d
−0.175%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 29 min ago41.85 bp102.4 bp −$10216905.9 bp −$169.1Kdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 66 min ago1.28 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit

ZK on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective ZK/USDC PERP+0.0033%1h$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h$116K$160K8xas long as short
Hyperliquid ZKshort+0.0100%1h$573K$271K5x
Aster ZKUSDT+0.0100%4h$31K$34K10xas long as short
Pacifica ZK+0.0100%1h$29K$3K5xas long as short
Binance ZKUSDT+0.0100%4h$4.7M$10.9M75xas long as short
Bybit ZKUSDT+0.0100%4h$5.0M$3.0M25xas long as short
OKX ZK-USDT-SWAP+0.0100%4h$963K$2.5M20xas long as short
Gate ZK_USDT+0.0100%8h$328K$296K50xas long as short
KuCoin ZKUSDTM+0.0100%4h$1.0M$1.2M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h$1.5M$986K75xas long as short
BingX ZK-USDT+0.0100%4h—$6.7M—as long as short
Variational Omni ZK+0.0100%4h$57K$20K—as long as short
ApeX Omni ZKUSDT+0.0100%1h$8K$612K50xas long as short
BloFin ZK-USDT+0.0149%4h$223K$50K75xas long as short
Kraken Futures PF_ZKUSDlong+0.1756%1h$195K$39K25x