Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.120%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1861.865% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.120%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.128% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZKPUSDT | 0.05008 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $318K | $276K | 20x |
| Short | Binance ZKPUSDT | 0.05002 | 0.0100 | get 0.0050% / 4h | 2h 17m | $2.7M | $2.7M | 40x |
Bitget ZKPUSDT
Binance ZKPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.120% → +0.008%
- −$12.76
- Slippage, 4 orders
- −$164.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$199.26
- Costs to cover
- 1.865%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; Binance: live order book, 11 min ago.
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 Bitget live order book, 28 min ago | 5.00 bp | 55.7 bp −$56 | 671.7 bp −$6,717 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.00 bp | 32.9 bp −$33 | 237.4 bp −$2,374 | doesn't fit | doesn't fit |
ZKP on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDTshort | +0.0100% | 4h | 0.05002 | −0.120% | $2.7M | $2.7M | 40x | |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04993 | −0.300% | $1.1M | $892K | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.05002 | −0.120% | $312K | $531K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05000 | −0.160% | $317K | $172K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.05002 | −0.120% | $1.2M | $216K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.05002 | −0.120% | $587K | $463K | 20x | as long as short |
| Bitget ZKPUSDTlong | +0.0100% | 4h | 0.05008 | long leg | $318K | $276K | 20x | |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05004 | −0.080% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDT | +0.0122% | 4h | 0.05007 | −0.020% | $214K | $46K | 40x | as long as short |
| Aster ZKPUSDT | +0.0172% | 4h | 0.05001 | −0.145% | $27K | $68K | 5x | as long as short |
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
BingX ZKP-USDT
BloFin ZKP-USDT
Aster ZKPUSDT