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

ZK

all ZK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against ApeX Omni−0.083%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.882% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−1.198%−$120 · spread now −0.083%, 7d avg −0.088%
Together, before fees−1.160%−$116 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZKUSDT0.012040.0100pay 0.0013% / 1h25m 06s$8K$631K50x
ShortBingX ZK-USDT0.012030.0100get 0.0050% / 4h3h 25m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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: −0.083% → −0.088%
$0.52
Slippage, 4 orders
−$68.16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$87.64
Costs to cover
0.882%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 8 min ago; BingX: live order book, 12 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 ApeX Omni live order book, 8 min ago12.52 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago3.33 bp20.3 bp −$2049.9 bp −$499367.0 bp −$36.7K699.5 bp −$349.7K

ZK on 17 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
Injective ZK/USDC PERP+0.0033%1h0.01170−2.824%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01205+0.042%$129K$186K8xas long as short
BloFin ZK-USDT+0.0099%4h0.01206+0.183%$217K$20K75xas long as short
Hyperliquid ZK+0.0100%1h0.01205+0.042%$597K$172K5xas long as short
Aster ZKUSDT+0.0100%4h0.01205+0.049%$33K$22K10xas long as short
Pacifica ZK+0.0100%1h0.01204+0.033%$30K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01204+0.005%$5.0M$8.0M75xas long as short
Bybit ZKUSDT+0.0100%4h0.01202−0.125%$5.1M$2.5M25xas long as short
OKX ZK-USDT-SWAP+0.0100%4h0.01203−0.100%$1.0M$2.2M20xas long as short
Gate ZK_USDT+0.0100%8h0.01203−0.083%$302K$263K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZKUSDTM+0.0100%4h0.01203−0.083%$978K$1.7M50xas long as short
Bitget ZKUSDT+0.0100%4h0.012040.000%$1.5M$914K75xas long as short
BingX ZK-USDTshort+0.0100%4h0.01203−0.083%$6.7M
Variational Omni ZK+0.0100%4h0.01202−0.181%$58K$13Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.01206+0.201%$162K$2.1M10xas long as short
ApeX Omni ZKUSDTlong+0.0100%1h0.01204long leg$8K$631K50x
Kraken Futures PF_ZKUSD+0.3522%1h0.01210+0.521%$211K$49K25xas long as short