data as of
Settings8H · net · $10k
Price arb /

ZK

all ZK markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.966%
7d averageif it closes, per $10,000$97funding while held, a day+$2.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZK/USDC PERP0.011700.0033pay 0.0004% / 1h36m 17s$2K$31K5.5x
ShortHyperliquid ZK0.011590.0100get 0.0013% / 1h36m 17s$565K$264K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$96.58
Funding while held
$2
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$103.6
Spread needed to break even
0.090%
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 35 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0067%
Per $10,000 a day
+$2.00
Average in range /8h

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 Hyperliquid live order book, 35 min ago1.28 bp15.6 bp −$16doesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

ZK on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX ZK-USDT−1.060%+0.0100%4h$6.7Mas long as short
Variational Omni ZK−1.037%+0.0100%4h$56K$20Kas long as short
OKX ZK-USDT-SWAP−1.026%+0.0100%4h$954K$2.4M20xas long as short
KuCoin ZKUSDTM−1.026%+0.0100%4h$1.0M$1.1M50xas long as short
Bybit ZKUSDT−1.000%+0.0100%4h$4.9M$2.9M25xas long as short
Aster ZKUSDT−0.996%+0.0100%4h$31K$34K10xas long as short
Hyperliquid ZKshort−0.966%+0.0100%1h$565K$264K5x
Pacifica ZK−0.966%+0.0100%1h$29K$3K5xas long as short
Binance ZKUSDT−0.966%+0.0100%4h$4.6M$10.7M75xas long as short
Gate ZK_USDT−0.940%+0.0100%8h$324K$281K50xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ZKUSDT−0.940%+0.0100%4h$1.4M$959K75xas long as short
ApeX Omni ZKUSDT−0.855%+0.0100%1h$8K$613K50xas long as short
BloFin ZK-USDT−0.812%+0.0110%4h$222K$51K75xas long as short
Lighter ZK−0.778%+0.0096%1h$114K$154K8xas long as short
Kraken Futures PF_ZKUSD−0.694%+0.2176%1h$193K$38K25xas long as short
Injective ZK/USDC PERPlong0.000%+0.0033%1h$2K$31K5.5x