ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.017%

Price spread now: Injective against ApeX Omni−1.015%108s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.015% cheaper against ApeX Omni than usual: you would sell low and buy high (−$102 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZKUSDT	0.01182	0.0100	pay 0.0013% / 1h	5m 34s	$8K	$621K	50x
Short	Injective ZK/USDC PERP	0.01170	0.0033	get 0.0004% / 1h	5m 34s	$2K	$31K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee InjectivebpOrdersPrice spread, now −1.015%Rate

Funding earned: −$14
Price spread: −1.015% → 0.000%: −$101.52
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$125.54
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 57 min ago; Injective: no order-book sample. Net counts fees only.

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 ApeX Omni live order book, 57 min ago	12.79 bp	24.5 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZK on 17 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
OKX ZK-USDT-SWAP	−0.0018%	4h	0.01178	−0.372%	$1.0M	$2.3M	20x	as long as short
Injective ZK/USDC PERPshort	+0.0033%	1h	0.01170	−1.015%	$2K	$31K	5.5x
Lighter ZK	+0.0096%	1h	0.01179	−0.212%	$136K	$182K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01179	−0.212%	$586K	$221K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01178	−0.339%	$32K	$21K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01178	−0.338%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01178	−0.313%	$4.9M	$8.6M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01177	−0.398%	$5.1M	$2.5M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01178	−0.338%	$331K	$239K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01177	−0.423%	$980K	$1.3M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZKUSDT	+0.0100%	4h	0.01178	−0.338%	$1.5M	$858K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01176	−0.474%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01177	−0.417%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01182	0.000%	$157K	$2.4M	10x	as long as short
ApeX Omni ZKUSDTlong	+0.0100%	1h	0.01182	long leg	$8K	$621K	50x
BloFin ZK-USDT	+0.0106%	4h	0.01180	−0.186%	$216K	$21K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.1587%	1h	0.01185	+0.270%	$195K	$39K	25x	as long as short