Funding arb · Price arb /

ZKP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.072%

Price spread now: MEXC against Aster+0.068%7-day average — · you sell dearer than you buy

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

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: 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: MEXC is 0.068% dearer against Aster than usual: you sell high and buy low, +$7 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	Aster ZKPUSDT	0.05006	0.0100	pay 0.0050% / 4h	2h 49m	$27K	$83K	5x
Short	MEXC ZKP_USDT	0.05009	0.0100	get 0.0050% / 4h	2h 49m	$1.2M	$208K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → 0.000%: $6.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.21
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 1 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 Aster no order-book sample	—	—	—	—	—
Sell MEXC live order book, 1 min ago	1.99 bp	11.4 bp −$11	74.0 bp −$740	483.1 bp −$48.3K	doesn't fit

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.

ZKP on 10 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
BloFin ZKP-USDT	+0.0045%	4h	0.05001	−0.092%	$221K	$46K	40x	as long as short
Aster ZKPUSDTlong	+0.0100%	4h	0.05006	long leg	$27K	$83K	5x
Binance ZKPUSDT	+0.0100%	4h	0.05010	+0.086%	$2.7M	$2.9M	40x	as long as short
Bybit ZKPUSDT	+0.0100%	4h	0.05006	+0.008%	$1.2M	$1.0M	25x	as long as short
OKX ZKP-USDT-SWAP	+0.0100%	4h	0.05012	+0.128%	$320K	$566K	20x	as long as short
Gate ZKP_USDT	+0.0100%	4h	0.05008	+0.048%	$318K	$177K	25x	as long as short
MEXC ZKP_USDTshort	+0.0100%	4h	0.05009	+0.068%	$1.2M	$208K	20x
KuCoin ZKPUSDTM	+0.0100%	4h	0.05009	+0.068%	$580K	$502K	20x	as long as short
Bitget ZKPUSDT	+0.0100%	4h	0.05012	+0.128%	$308K	$278K	20x	as long as short
BingX ZKP-USDT	+0.0100%	4h	0.05010	+0.088%	—	$6.6M	—	as long as short