ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Hyperliquid against BingX+0.068%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$780.780% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.068%, 7d avg +0.084%

Together, before fees−0.036%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZK-USDT	0.01178	0.0100	pay 0.0050% / 4h	3h 10m	—	$6.7M	—
Short	Hyperliquid ZK	0.01179	0.0100	get 0.0013% / 1h	10m 58s	$585K	$242K	5x

Funding history

latest

Range statsloading…

Hyperliquid against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee HyperliquidbpOrdersPrice spread, now +0.068%Rate

Slippage from BingX: live order book, 11 min ago; Hyperliquid: live order book, 49 min ago.

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, 11 min ago	4.25 bp	22.3 bp −$22	49.4 bp −$494	417.4 bp −$41.7K	691.5 bp −$345.7K
Sell Hyperliquid live order book, 49 min ago	0.42 bp	18.9 bp −$19	doesn't fit	doesn't fit	doesn't fit

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	−0.0110%	4h	0.01178	0.000%	$1.0M	$2.3M	20x	as long as short
Bybit ZKUSDT	−0.0095%	4h	0.01177	−0.110%	$5.0M	$2.6M	25x	as long as short
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−0.671%	$2K	$31K	5.5x	as long as short
Lighter ZK	+0.0096%	1h	0.01180	+0.170%	$131K	$173K	8x	as long as short
Hyperliquid ZKshort	+0.0100%	1h	0.01179	+0.068%	$585K	$242K	5x
Aster ZKUSDT	+0.0100%	4h	0.01180	+0.137%	$37K	$19K	10x	as long as short
Pacifica ZK	+0.0100%	1h	0.01178	−0.025%	$29K	$3K	5x	as long as short
Binance ZKUSDT	+0.0100%	4h	0.01179	+0.068%	$4.8M	$9.4M	75x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01179	+0.093%	$331K	$241K	50x	as long as short
KuCoin ZKUSDTM	+0.0100%	4h	0.01177	−0.076%	$979K	$1.2M	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	0.01179	+0.093%	$1.5M	$846K	75x	as long as short
BingX ZK-USDTlong	+0.0100%	4h	0.01178	long leg	—	$6.7M	—
Variational Omni ZK	+0.0100%	4h	0.01177	−0.076%	$57K	$15K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01178	+0.008%	$164K	$2.7M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01178	+0.008%	$9K	$623K	50x	as long as short
BloFin ZK-USDT	+0.0113%	4h	0.01180	+0.144%	$215K	$22K	75x	as long as short
Kraken Futures PF_ZKUSD	+0.1362%	1h	0.01180	+0.150%	$194K	$43K	25x	as long as short