Settings8H · net · $10k
Funding arb · Price arb /

ZK

all ZK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.024%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.744% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days+0.006%+$1 · spread now −0.024%, 7d avg −0.044%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZKUSDT0.011700.0100pay 0.0050% / 4h2h 20m$1.5M$852K75x
ShortBinance ZKUSDT0.011700.0100get 0.0050% / 4h2h 20m$4.7M$9.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Funding earned
$0
Price spread: −0.024% → −0.044%
$1.98
Slippage, 4 orders
−$52.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$72.44
Costs to cover
0.744%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.28 bp17.7 bp −$1849.4 bp −$494doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.43 bp18.2 bp −$1855.7 bp −$557doesn't fitdoesn't fit

ZK on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZK/USDC PERP+0.0033%1h0.011700.000%$2K$31K5.5xas long as short
Lighter ZK+0.0096%1h0.01172+0.145%$119K$159K8xas long as short
Hyperliquid ZK+0.0100%1h0.01171+0.068%$587K$237K5xas long as short
Aster ZKUSDT+0.0100%4h0.01170+0.019%$36K$19K10xas long as short
Pacifica ZK+0.0100%1h0.011700.000%$29K$3K5xas long as short
Binance ZKUSDTshort+0.0100%4h0.01170−0.024%$4.7M$9.9M75x
Bybit ZKUSDT+0.0100%4h0.01169−0.111%$5.0M$2.7M25xas long as short
OKX ZK-USDT-SWAP+0.0100%4h0.01168−0.171%$950K$2.3M20xas long as short
Gate ZK_USDT+0.0100%8h0.01169−0.085%$317K$256K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01169−0.085%$991K$955K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDTlong+0.0100%4h0.01170long leg$1.5M$852K75x
BingX ZK-USDT+0.0100%4h0.01169−0.068%$6.7Mas long as short
Variational Omni ZK+0.0100%4h0.01168−0.136%$57K$20Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.011700.000%$155K$2.9M10xas long as short
ApeX Omni ZKUSDT+0.0100%1h0.011700.000%$8K$622K50xas long as short
BloFin ZK-USDT+0.0103%4h0.01170−0.043%$212K$35K75xas long as short
Kraken Futures PF_ZKUSD+0.1489%1h0.01172+0.160%$194K$44K25xas long as short