Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.097%
Price spread now: Bybit against Gate−0.061%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3603.601% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.061%, 7d avg −0.059%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZKP_USDT | 0.04954 | 0.0100 | pay 0.0050% / 4h | 25m 00s | $327K | $180K | 25x |
| Short | Bybit ZKPUSDT | 0.04951 | 0.0100 | get 0.0050% / 4h | 25m 00s | $1.2M | $982K | 25x |
Gate ZKP_USDT
Bybit ZKPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: −0.061% → −0.059%
- −$0.13
- Slippage, 4 orders
- −$334.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$360.21
- Costs to cover
- 3.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; Bybit: live order book, 1 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, 50 min ago | 7.10 bp | 171.9 bp −$172 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.05 bp | 78.0 bp −$78 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.04963 | +0.179% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDTshort | +0.0100% | 4h | 0.04951 | −0.061% | $1.2M | $982K | 25x | |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04960 | +0.121% | $332K | $548K | 20x | as long as short |
| Gate ZKP_USDTlong | +0.0100% | 4h | 0.04954 | long leg | $327K | $180K | 25x | |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04962 | +0.161% | $1.2M | $182K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04957 | +0.061% | $583K | $543K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04964 | +0.202% | $290K | $255K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04958 | +0.081% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDT | +0.0150% | 4h | 0.04962 | +0.161% | $219K | $37K | 40x | as long as short |
| Aster ZKPUSDT | +0.0230% | 4h | 0.04959 | +0.103% | $23K | $80K | 5x | as long as short |
Binance ZKPUSDT
OKX ZKP-USDT-SWAP
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
BloFin ZKP-USDT
Aster ZKPUSDT