ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.42 per $10,000 · paid last 24h +0.001%

Price spread now: OKX against Variational Omni+0.215%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.215% dearer against Variational Omni than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZK	0.01167	0.0100	pay 0.0050% / 4h	1h 05m	$57K	$15K	—
Short	OKX ZK-USDT-SWAP	0.01170	0.0015	get 0.0008% / 4h	1h 05m	$946K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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 Variational OmnibpFee OKXbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$17.82
Price spread: +0.215% → 0.000%: $21.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$6.34
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 2 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 Variational Omni no order-book sample	—	—	—	—	—
Sell OKX live order book, 2 min ago	2.14 bp	19.6 bp −$20	doesn't fit	doesn't fit	doesn't fit

Variational Omni: 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
OKX ZK-USDT-SWAPshort	+0.0015%	4h	0.01170	+0.215%	$946K	$2.3M	20x
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+0.215%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0057%	4h	0.01168	+0.069%	$211K	$25K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01173	+0.472%	$128K	$165K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01172	+0.429%	$595K	$237K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01172	+0.385%	$36K	$19K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01171	+0.292%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01171	+0.275%	$4.7M	$9.8M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01171	+0.266%	$5.0M	$2.6M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01169	+0.129%	$319K	$248K	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	0.01171	+0.300%	$988K	$1.0M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01171	+0.300%	$1.5M	$866K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01171	+0.300%	—	$6.7M	—	as long as short
Variational Omni ZKlong	+0.0100%	4h	0.01167	long leg	$57K	$15K	—
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01169	+0.130%	$160K	$2.8M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01169	+0.129%	$8K	$624K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.1289%	1h	0.01173	+0.464%	$194K	$43K	25x	as long as short