Funding arb · Price arb /

ZK

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Swap Backtest

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 0.000%

Price spread now: Aster against Binance−0.176%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.176% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZKUSDT	0.01177	0.0100	pay 0.0050% / 4h	1h 31m	$4.9M	$8.7M	75x
Short	Aster ZKUSDT	0.01175	0.0100	get 0.0050% / 4h	1h 31m	$31K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.176%Rate

Funding earned: $0
Price spread: −0.176% → 0.000%: −$17.58
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$35.58
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; Aster: 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 Binance live order book, 8 min ago	2.57 bp	22.8 bp −$23	81.5 bp −$815	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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	−0.0065%	4h	0.01175	−0.133%	$1.0M	$2.2M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−0.600%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0074%	4h	0.01174	−0.303%	$217K	$20K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01176	−0.048%	$136K	$182K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01178	+0.088%	$586K	$221K	5x	as long as short
Aster ZKUSDTshort	+0.0100%	4h	0.01175	−0.176%	$31K	$20K	10x
Pacifica ZK	+0.0100%	1h	0.01175	−0.176%	$29K	$3K	5x	as long as short
Binance ZKUSDTlong	+0.0100%	4h	0.01177	long leg	$4.9M	$8.7M	75x
Bybit ZKUSDT	+0.0100%	4h	0.01176	−0.074%	$5.0M	$2.5M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01176	−0.091%	$327K	$232K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01176	−0.091%	$981K	$1.3M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01176	−0.091%	$1.5M	$836K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01176	−0.074%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01171	−0.531%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01176	−0.091%	$156K	$2.5M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01174	−0.261%	$9K	$620K	50x	as long as short
Kraken Futures PF_ZKUSD	+0.1594%	1h	0.01180	+0.262%	$194K	$39K	25x	as long as short