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

ZKP

all ZKP markets
SwapBacktest
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 +0.004%
Price spread now: Binance against Bybit+0.181%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1751.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.181%, 7d avg +0.073%
Together, before fees−0.105%−$11 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: Binance is 0.108% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZKPUSDT0.049870.0100pay 0.0050% / 4h1h 29m$1.2M$1.0M25x
ShortBinance ZKPUSDT0.049960.0100get 0.0050% / 4h1h 29m$2.7M$2.9M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.181% → +0.073%
$10.78
Slippage, 4 orders
−$154.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$164.63
Costs to cover
1.754%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 6 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 Bybit live order book, 6 min ago3.01 bp63.5 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.01 bp28.6 bp −$29144.2 bp −$1,442doesn't fitdoesn'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
BloFin ZKP-USDT+0.0059%4h0.04984−0.060%$212K$48K40xas long as short
Binance ZKPUSDTshort+0.0100%4h0.04996+0.181%$2.7M$2.9M40x
Bybit ZKPUSDTlong+0.0100%4h0.04987long leg$1.2M$1.0M25x
OKX ZKP-USDT-SWAP+0.0100%4h0.04993+0.120%$315K$576K20xas long as short
Gate ZKP_USDT+0.0100%4h0.04988+0.020%$316K$189K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.04994+0.140%$1.2M$211K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.04991+0.080%$576K$495K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04995+0.160%$303K$269K20xas long as short
BingX ZKP-USDT+0.0100%4h0.04993+0.120%$6.6Mas long as short
Aster ZKPUSDT+0.0270%4h0.04994+0.147%$26K$83K5xas long as short