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

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against OKX−0.100%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.100%, 7d avg −0.021%
Together, before fees+0.003%$0 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: BingX is 0.080% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZKP-USDT-SWAP0.049760.0100pay 0.0050% / 4h3h 48m$331K$550K20x
ShortBingX ZKP-USDT0.049710.0100get 0.0050% / 4h3h 48m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: −0.100% → −0.021%
−$7.95
Slippage, 4 orders
−$121.44
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$149.39
Costs to cover
1.414%
Break-even
never at this rate
Slippage from OKX: live order book, 22 min ago; BingX: live order book, 8 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 OKX live order book, 22 min ago3.01 bp45.1 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago4.00 bp30.7 bp −$31135.9 bp −$1,359doesn'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
Binance ZKPUSDT+0.0100%4h0.04978+0.047%$2.7M$2.7M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.04966−0.201%$1.2M$976K25xas long as short
OKX ZKP-USDT-SWAPlong+0.0100%4h0.04976long leg$331K$550K20x
Gate ZKP_USDT+0.0100%4h0.04973−0.060%$329K$178K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.04981+0.100%$1.2M$187K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.04973−0.060%$584K$540K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04979+0.060%$296K$257K20xas long as short
BingX ZKP-USDTshort+0.0100%4h0.04971−0.100%$6.6M
BloFin ZKP-USDT+0.0113%4h0.04983+0.141%$221K$37K40xas long as short
Aster ZKPUSDT+0.0223%4h0.04973−0.053%$24K$80K5xas long as short