After costs, if the gap returns to its 7d average, $10k−$250
spread now+0.090%7d average+0.237%fees + slippage, in and out−$235spread needed2.353%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZKUSDT | 0.01182 | 0.0100 | pay 0.0050% / 4h | 50m 43s | $4.7M | $11.2M | 75x |
| Short | Kraken Futures PF_ZKUSD | 0.01183 | 0.1951 | get 0.0244% / 1h | 50m 43s | $197K | $40K | 25x |
Binance ZKUSDT
Kraken Futures PF_ZKUSDPrice 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
- $9.02
- Funding while held
- $55.53
- Slippage, 4 orders
- −$215.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$170.79
- Spread needed to break even
- 2.353%
Slippage from Binance: live order book, 6 min ago; Kraken Futures: live order book, 63 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1851%
- Per $10,000 a day
- +$55.53
- 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, 6 min ago | 0.85 bp | 19.1 bp −$19 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 45.87 bp | 54.8 bp −$55 | 223.0 bp −$2,230 | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.Injective0.01170cheapestApeX Omni0.01177+0.598%Variational Omni0.01177+0.633%BloFin0.01180+0.838%OKX0.01181+0.915%Bybit0.01181+0.923%KuCoin0.01181+0.940%BingX0.01181+0.949%
Injective
ApeX Omni
Variational Omni
BloFin
OKX
Bybit
KuCoin
BingXBinance0.01182+1.004%
Pacifica0.01182+1.017%Aster0.01182+1.025%Gate0.01182+1.026%Bitget0.01182+1.026%Lighter0.01182+1.034%
Pacifica
Aster
Gate
Bitget
LighterKraken Futures0.01183+1.096%
Hyperliquid0.01183+1.120%
HyperliquidZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZK/USDC PERP | −0.994% | +0.0258% | 1h | $2K | $31K | 5.5x | as long as short |
| ApeX Omni ZKUSDT | −0.402% | +0.0100% | 1h | $8K | $611K | 50x | as long as short |
| Variational Omni ZK | −0.368% | +0.0100% | 4h | $57K | $20K | — | as long as short |
| BloFin ZK-USDT | −0.165% | +0.0050% | 4h | $227K | $49K | 75x | as long as short |
| OKX ZK-USDT-SWAP | −0.089% | +0.0100% | 4h | $963K | $2.5M | 20x | as long as short |
| Bybit ZKUSDT | −0.080% | +0.0100% | 4h | $5.0M | $3.0M | 25x | as long as short |
| KuCoin ZKUSDTM | −0.064% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| BingX ZK-USDT | −0.055% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Binance ZKUSDTlong | 0.000% | +0.0100% | 4h | $4.7M | $11.2M | 75x | |
| Pacifica ZK | +0.013% | +0.0100% | 1h | $29K | $4K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ZKUSDT | +0.020% | +0.0100% | 4h | $32K | $34K | 10x | as long as short |
| Gate ZK_USDT | +0.021% | +0.0100% | 8h | $337K | $297K | 50x | as long as short |
| Bitget ZKUSDT | +0.021% | +0.0100% | 4h | $1.5M | $1.0M | 75x | as long as short |
| Lighter ZK | +0.030% | +0.0096% | 1h | $125K | $140K | 8x | as long as short |
| Kraken Futures PF_ZKUSDshort | +0.090% | +0.1951% | 1h | $197K | $40K | 25x | |
| Hyperliquid ZK | +0.114% | +0.0100% | 1h | $578K | $297K | 5x | as long as short |