Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bitget−0.080%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.205%+$21 · spread now −0.080%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.132% cheaper against Bitget than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZKPUSDT | 0.04976 | 0.0100 | pay 0.0050% / 4h | 18m 40s | $292K | $256K | 20x |
| Short | BloFin ZKP-USDT | 0.04972 | 0.0054 | get 0.0027% / 4h | 18m 40s | $215K | $37K | 40x |
Bitget ZKPUSDT
BloFin ZKP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.57
- Price spread: −0.080% → +0.051%
- −$13.15
- Slippage, 4 orders
- −$85.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.63
- Costs to cover
- 1.099%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 51 min ago; BloFin: live order book, 52 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, 51 min ago | 4.04 bp | 26.8 bp −$27 | 360.5 bp −$3,605 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 1.01 bp | 25.2 bp −$25 | 97.6 bp −$976 | doesn't fit | doesn't fit |
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-USDTshort | +0.0054% | 4h | 0.04972 | −0.080% | $215K | $37K | 40x | |
| Binance ZKPUSDT | +0.0100% | 4h | 0.04972 | −0.080% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04966 | −0.201% | $1.2M | $982K | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04979 | +0.060% | $333K | $549K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04965 | −0.221% | $328K | $180K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04976 | 0.000% | $1.2M | $183K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04966 | −0.201% | $582K | $543K | 20x | as long as short |
| Bitget ZKPUSDTlong | +0.0100% | 4h | 0.04976 | long leg | $292K | $256K | 20x | |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04974 | −0.040% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0235% | 4h | 0.04973 | −0.055% | $24K | $80K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
BingX ZKP-USDT
Aster ZKPUSDT