ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against BingX−0.113%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$830.831% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.113%, 7d avg +0.043%

Together, before fees+0.247%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.155% cheaper against BingX than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.043%). If the spread goes back, that is −$16 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZK-USDT	0.01155	0.0100	pay 0.0050% / 4h	2h 27m	—	$6.7M	—
Short	BloFin ZK-USDT	0.01154	0.0137	get 0.0069% / 4h	2h 27m	$211K	$17K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.113%Rate

Funding earned: $7.87
Price spread: −0.113% → +0.043%: −$15.51
Slippage, 4 orders: −$61.07
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$90.71
Costs to cover: 0.831%
Break-even: 87.7 days

Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 54 min ago.

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 BingX live order book, 10 min ago	4.31 bp	21.3 bp −$21	51.0 bp −$510	486.2 bp −$48.6K	736.0 bp −$368.0K
Sell BloFin live order book, 54 min ago	4.68 bp	19.3 bp −$19	44.1 bp −$441	doesn't fit	doesn't fit

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	−0.0153%	4h	0.01153	−0.147%	$978K	$2.1M	20x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	+1.290%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01155	−0.017%	$125K	$192K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01156	+0.078%	$577K	$176K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01155	+0.019%	$31K	$21K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01155	−0.009%	$28K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01154	−0.061%	$4.8M	$8.0M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01153	−0.190%	$5.0M	$2.3M	25x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01155	−0.009%	$295K	$258K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01154	−0.095%	$952K	$1.5M	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	0.01152	−0.268%	$1.4M	$849K	75x	as long as short
BingX ZK-USDTlong	+0.0100%	4h	0.01155	long leg	—	$6.7M	—
Variational Omni ZK	+0.0100%	4h	0.01158	+0.231%	$56K	$13K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01159	+0.338%	$160K	$2.3M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01159	+0.338%	$8K	$624K	50x	as long as short
BloFin ZK-USDTshort	+0.0137%	4h	0.01154	−0.113%	$211K	$17K	75x
Kraken Futures PF_ZKUSD	+0.1290%	1h	0.01156	+0.072%	$190K	$35K	25x	as long as short