Settings8H · net · $10k
Funding arb · Price arb /

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0006%/8hnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.102%94s7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.695% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.102%, 7d avg −0.058%
Together, before fees−0.207%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.160% dearer against BloFin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.058%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZKP-USDT0.049000.0094pay 0.0047% / 4h23m 29s$224K$30K40x
ShortMEXC ZKP_USDT0.049050.0100get 0.0050% / 4h23m 29s$1.1M$224K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Funding earned
$1.23
Price spread: +0.102% → −0.058%
$15.98
Slippage, 4 orders
−$53.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$52.33
Costs to cover
0.695%
Break-even
303.9 days
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago4.08 bp18.7 bp −$19115.9 bp −$1,159doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.02 bp13.8 bp −$1475.8 bp −$758443.8 bp −$44.4Kdoesn't fit

ZKP on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZKPUSDT+0.0013%4h0.04901+0.020%$1.2M$961K25xas long as short
BloFin ZKP-USDTlong+0.0094%4h0.04900long leg$224K$30K40x
Binance ZKPUSDT+0.0100%4h0.04904+0.082%$2.7M$2.6M40xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.04905+0.102%$327K$514K20xas long as short
MEXC ZKP_USDTshort+0.0100%4h0.04905+0.102%$1.1M$224K20x
KuCoin ZKPUSDTM+0.0100%4h0.04901+0.020%$581K$558K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04905+0.102%$289K$239K20xas long as short
BingX ZKP-USDT+0.0100%4h0.04902+0.041%$6.6Mas long as short
Aster ZKPUSDT+0.0326%4h0.04897−0.065%$23K$79K5xas long as short
Gate ZKP_USDT+0.0620%4h0.04897−0.061%$306K$161K25xas long as short