After costs, if the gap returns to its 7d average, $10k−$112
spread now−0.188%7d average−0.037%fees + slippage, in and out−$97spread needed0.968%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZK | 0.01172 | 0.0100 | pay 0.0013% / 1h | 33m 22s | $574K | $276K | 5x |
| Short | Gate ZK_USDT | 0.01170 | 0.0100 | get 0.0100% / 8h | 7h 33m | $330K | $293K | 50x |
Hyperliquid ZK
Gate ZK_USDTPrice 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
- −$18.77
- Funding while held
- $0
- Slippage, 4 orders
- −$72.85
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$115.61
- Spread needed to break even
- 0.968%
Slippage from Hyperliquid: live order book, 48 min ago; Gate: live order book, 8 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 Hyperliquid live order book, 48 min ago | 1.28 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 8.49 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.01170cheapest
BybitGate0.01170+0.034%
KuCoin0.01170+0.034%Bitget0.01170+0.034%BingX0.01170+0.034%Injective0.01170+0.034%OKX0.01170+0.068%Binance0.01171+0.080%Aster0.01171+0.093%Pacifica0.01171+0.111%Lighter0.01172+0.188%BloFin0.01172+0.205%
KuCoin
Bitget
BingX
Injective
OKX
Binance
Aster
Pacifica
Lighter
BloFinHyperliquid0.01172+0.222%
Variational Omni0.01174+0.411%Kraken Futures0.01174+0.418%ApeX Omni0.01177+0.633%
Variational Omni
Kraken Futures
ApeX OmniZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZKUSDT | −0.222% | +0.0100% | 4h | $5.0M | $3.0M | 25x | as long as short |
| Gate ZK_USDTshort | −0.188% | +0.0100% | 8h | $330K | $293K | 50x | |
| KuCoin ZKUSDTM | −0.188% | +0.0100% | 4h | $1.0M | $1.2M | 50x | as long as short |
| Bitget ZKUSDT | −0.188% | +0.0100% | 4h | $1.5M | $1.0M | 75x | as long as short |
| BingX ZK-USDT | −0.188% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Injective ZK/USDC PERP | −0.188% | +0.0033% | 1h | $2K | $31K | 5.5x | as long as short |
| OKX ZK-USDT-SWAP | −0.154% | +0.0100% | 4h | $966K | $2.5M | 20x | as long as short |
| Binance ZKUSDT | −0.142% | +0.0100% | 4h | $4.7M | $11.2M | 75x | as long as short |
| Aster ZKUSDT | −0.129% | +0.0100% | 4h | $31K | $34K | 10x | as long as short |
| Pacifica ZK | −0.111% | +0.0100% | 1h | $29K | $3K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ZK | −0.034% | +0.0096% | 1h | $132K | $143K | 8x | as long as short |
| BloFin ZK-USDT | −0.017% | +0.0097% | 4h | $222K | $50K | 75x | as long as short |
| Hyperliquid ZKlong | 0.000% | +0.0100% | 1h | $574K | $276K | 5x | |
| Variational Omni ZK | +0.188% | +0.0100% | 4h | $57K | $21K | — | as long as short |
| Kraken Futures PF_ZKUSD | +0.195% | +0.1755% | 1h | $195K | $40K | 25x | as long as short |
| ApeX Omni ZKUSDT | +0.409% | +0.0100% | 1h | $8K | $611K | 50x | as long as short |