Funding arb · Price arb /

ZK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Pacifica+0.077%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 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 · Aster: 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 0.077% dearer against Pacifica than usual: you sell high and buy low, +$8 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	Pacifica ZK	0.01169	0.0100	pay 0.0013% / 1h	22m 04s	$29K	$3K	5x
Short	Aster ZKUSDT	0.01170	0.0100	get 0.0050% / 4h	2h 22m	$36K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → 0.000%: $7.72
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$8.28
Costs to cover: 0.160%
Break-even: never at this rate

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

Pacifica and 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
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+0.086%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0051%	4h	0.01170	+0.051%	$212K	$35K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01172	+0.231%	$119K	$159K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01170	+0.120%	$587K	$237K	5x	as long as short
Aster ZKUSDTshort	+0.0100%	4h	0.01170	+0.077%	$36K	$19K	10x
Pacifica ZKlong	+0.0100%	1h	0.01169	long leg	$29K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01170	+0.061%	$4.7M	$9.9M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01169	−0.017%	$5.0M	$2.7M	25x	as long as short
OKX ZK-USDT-SWAP	+0.0100%	4h	0.01168	−0.086%	$950K	$2.3M	20x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01168	−0.086%	$317K	$256K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01169	0.000%	$991K	$957K	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01170	+0.086%	$1.5M	$852K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01169	+0.017%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01168	−0.051%	$57K	$20K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01169	−0.020%	$155K	$2.9M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01169	0.000%	$8K	$621K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.1487%	1h	0.01174	+0.400%	$194K	$44K	25x	as long as short