ZKP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h −0.055%

Price spread now: BloFin against Gate+0.080%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1401.397% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.476%−$48 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.080%, 7d avg +0.071%

Together, before fees−0.412%−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.476%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ZKP_USDT	0.04985	0.0100	pay 0.0050% / 4h	1h 48m	$316K	$166K	25x
Short	BloFin ZKP-USDT	0.04989	0.0131	get 0.0065% / 4h	1h 48m	$218K	$45K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.080%Rate

Funding earned: $6.44
Price spread: +0.080% → +0.071%: $0.95
Slippage, 4 orders: −$112.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$132.33
Costs to cover: 1.397%
Break-even: 150.8 days

Slippage from Gate: live order book, 59 min ago; BloFin: live order book, 57 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 Gate live order book, 59 min ago	18.03 bp	46.8 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 57 min ago	1.00 bp	22.3 bp −$22	89.0 bp −$890	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
Aster ZKPUSDT	+0.0100%	4h	0.04988	+0.053%	$26K	$55K	5x	as long as short
Binance ZKPUSDT	+0.0100%	4h	0.04985	0.000%	$2.7M	$2.6M	40x	as long as short
Bybit ZKPUSDT	+0.0100%	4h	0.04973	−0.241%	$1.1M	$827K	25x	as long as short
OKX ZKP-USDT-SWAP	+0.0100%	4h	0.04984	−0.020%	$310K	$513K	20x	as long as short
Gate ZKP_USDTlong	+0.0100%	4h	0.04985	long leg	$316K	$166K	25x
MEXC ZKP_USDT	+0.0100%	4h	0.04982	−0.060%	$1.2M	$213K	20x	as long as short
KuCoin ZKPUSDTM	+0.0100%	4h	0.04982	−0.060%	$584K	$459K	20x	as long as short
Bitget ZKPUSDT	+0.0100%	4h	0.04987	+0.040%	$315K	$273K	20x	as long as short
BingX ZKP-USDT	+0.0100%	4h	0.04980	−0.100%	—	$6.6M	—	as long as short
BloFin ZKP-USDTshort	+0.0131%	4h	0.04989	+0.080%	$218K	$45K	40x