After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.132%7d average+0.067%fees + slippage, in and out−$68spread needed0.683%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZKUSDT | 0.01160 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $4.6M | $10.7M | 75x |
| Short | Hyperliquid ZK | 0.01162 | 0.0100 | get 0.0013% / 1h | 38m 53s | $567K | $264K | 5x |
Binance ZKUSDT
Hyperliquid ZKPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.19
- Funding while held
- $0
- Slippage, 4 orders
- −$49.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$55.09
- Spread needed to break even
- 0.683%
Slippage from Binance: live order book, 3 min ago; Hyperliquid: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 3 min ago | 0.86 bp | 19.6 bp −$20 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 32 min ago | 1.28 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.01157cheapestVariational Omni0.01158+0.083%Pacifica0.01158+0.086%Gate0.01159+0.182%ApeX Omni0.01159+0.182%Bybit0.01159+0.199%BingX0.01159+0.199%OKX0.01159+0.225%Aster0.01160+0.242%KuCoin0.01160+0.268%
BloFin
Variational Omni
Pacifica
Gate
ApeX Omni
Bybit
BingX
OKX
Aster
KuCoinBinance0.01160+0.308%
Bitget0.01161+0.354%Lighter0.01162+0.406%
Bitget
LighterHyperliquid0.01162+0.441%
Kraken Futures0.01163+0.504%Injective0.01170+1.132%
Kraken Futures
InjectiveZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZK-USDT | −0.308% | +0.0051% | 4h | $221K | $51K | 75x | as long as short |
| Variational Omni ZK | −0.225% | +0.0100% | 4h | $56K | $20K | — | as long as short |
| Pacifica ZK | −0.221% | +0.0100% | 1h | $29K | $3K | 5x | as long as short |
| Gate ZK_USDT | −0.127% | +0.0100% | 8h | $324K | $281K | 50x | as long as short |
| ApeX Omni ZKUSDT | −0.127% | +0.0100% | 1h | $8K | $612K | 50x | as long as short |
| Bybit ZKUSDT | −0.109% | +0.0100% | 4h | $4.9M | $2.9M | 25x | as long as short |
| BingX ZK-USDT | −0.109% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| OKX ZK-USDT-SWAP | −0.084% | +0.0100% | 4h | $955K | $2.4M | 20x | as long as short |
| Aster ZKUSDT | −0.067% | +0.0100% | 4h | $31K | $34K | 10x | as long as short |
| KuCoin ZKUSDTM | −0.040% | +0.0100% | 4h | $1.0M | $1.1M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ZKUSDTlong | 0.000% | +0.0100% | 4h | $4.6M | $10.7M | 75x | |
| Bitget ZKUSDT | +0.046% | +0.0100% | 4h | $1.4M | $958K | 75x | as long as short |
| Lighter ZK | +0.097% | +0.0096% | 1h | $115K | $154K | 8x | as long as short |
| Hyperliquid ZKshort | +0.132% | +0.0100% | 1h | $567K | $264K | 5x | |
| Kraken Futures PF_ZKUSD | +0.195% | +0.2174% | 1h | $193K | $38K | 25x | as long as short |
| Injective ZK/USDC PERP | +0.821% | +0.0033% | 1h | $2K | $31K | 5.5x | as long as short |