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

ZK

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.017%
Price spread now: ApeX Omni against Injective+1.795%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 1.795% dearer against Injective than usual: you sell high and buy low: +$179 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZK/USDC PERP0.011700.0033pay 0.0004% / 1h12m 00s$2K$31K5.5x
ShortApeX Omni ZKUSDT0.011910.0100get 0.0013% / 1h12m 00s$8K$628K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
$14
Price spread: +1.795% → 0.000%
$179.49
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$183.47
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 26 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 26 min ago12.60 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPlong+0.0033%1h0.01170long leg$2K$31K5.5x
Lighter ZK+0.0096%1h0.01191+1.803%$127K$197K8xas long as short
Hyperliquid ZK+0.0100%1h0.01190+1.735%$592K$165K5xas long as short
Aster ZKUSDT+0.0100%4h0.01191+1.795%$33K$23K10xas long as short
Pacifica ZK+0.0100%1h0.01190+1.709%$29K$3K5xas long as short
Binance ZKUSDT+0.0100%4h0.01190+1.718%$4.9M$7.9M75xas long as short
Bybit ZKUSDT+0.0100%4h0.01189+1.658%$5.2M$2.4M25xas long as short
OKX ZK-USDT-SWAP+0.0100%4h0.01189+1.590%$1.0M$2.1M20xas long as short
Gate ZK_USDT+0.0100%8h0.01191+1.795%$304K$265K50xas long as short
KuCoin ZKUSDTM+0.0100%4h0.01189+1.624%$969K$1.6M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZKUSDT+0.0100%4h0.01191+1.795%$1.4M$885K75xas long as short
BingX ZK-USDT+0.0100%4h0.01189+1.624%$6.6Mas long as short
Variational Omni ZK+0.0100%4h0.01191+1.826%$58K$13Kas long as short
GRVT ZK_USDT_Perp+0.0100%4h0.01191+1.822%$155K$2.1M10xas long as short
ApeX Omni ZKUSDTshort+0.0100%1h0.01191+1.795%$8K$628K50x
BloFin ZK-USDT+0.0102%4h0.01192+1.838%$214K$19K75xas long as short
Kraken Futures PF_ZKUSD+0.2691%1h0.01197+2.313%$209K$46K25xas long as short