Spread before costs (cost unknown: a leg has no order-book sample)−0.778%
7d average—if it closes, per $10,000$78funding while held, a day+$1.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ZK/USDC PERP | 0.01170 | 0.0033 | pay 0.0004% / 1h | 15m 39s | $2K | $31K | 5.5x |
| Short | Lighter ZK | 0.01161 | 0.0096 | get 0.0012% / 1h | 15m 39s | $114K | $155K | 8x |
Injective ZK/USDC PERP
Lighter ZKPrice 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
- −$77.78
- Funding while held
- $1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$75.92
- Spread needed to break even
- 0.000%
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0063%
- Per $10,000 a day
- +$1.88
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 6.45 bp | 6.6 bp −$7 | 49.4 bp −$494 | doesn't fit | doesn'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.Bybit0.01159cheapestBingX0.01159+0.009%Binance0.01159+0.017%OKX0.01159+0.017%KuCoin0.01159+0.026%Pacifica0.01159+0.043%Bitget0.01160+0.112%Variational Omni0.01160+0.151%Aster0.01160+0.152%Hyperliquid0.01161+0.164%BloFin0.01161+0.173%
Bybit
BingX
Binance
OKX
KuCoin
Pacifica
Bitget
Variational Omni
Aster
Hyperliquid
BloFinLighter0.01161+0.190%
Gate0.01161+0.198%Kraken Futures0.01161+0.234%ApeX Omni0.01162+0.285%
Gate
Kraken Futures
ApeX OmniInjective0.01170+0.975%
ZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZKUSDT | −0.966% | +0.0100% | 4h | $4.9M | $2.8M | 25x | as long as short |
| BingX ZK-USDT | −0.957% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Binance ZKUSDT | −0.949% | +0.0100% | 4h | $4.6M | $10.7M | 75x | as long as short |
| OKX ZK-USDT-SWAP | −0.949% | +0.0097% | 4h | $954K | $2.4M | 20x | as long as short |
| KuCoin ZKUSDTM | −0.940% | +0.0100% | 4h | $1.0M | $1.1M | 50x | as long as short |
| Pacifica ZK | −0.923% | +0.0100% | 1h | $29K | $3K | 5x | as long as short |
| Bitget ZKUSDT | −0.855% | +0.0100% | 4h | $1.5M | $931K | 75x | as long as short |
| Variational Omni ZK | −0.816% | +0.0100% | 4h | $57K | $20K | — | as long as short |
| Aster ZKUSDT | −0.815% | +0.0100% | 4h | $31K | $27K | 10x | as long as short |
| Hyperliquid ZK | −0.803% | +0.0100% | 1h | $565K | $265K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZK-USDT | −0.795% | +0.0052% | 4h | $218K | $53K | 75x | as long as short |
| Lighter ZKshort | −0.778% | +0.0096% | 1h | $114K | $155K | 8x | |
| Gate ZK_USDT | −0.769% | +0.0100% | 8h | $325K | $284K | 50x | as long as short |
| Kraken Futures PF_ZKUSD | −0.734% | +0.2177% | 1h | $193K | $39K | 25x | as long as short |
| ApeX Omni ZKUSDT | −0.684% | +0.0100% | 1h | $8K | $613K | 50x | as long as short |
| Injective ZK/USDC PERPlong | 0.000% | +0.0033% | 1h | $2K | $31K | 5.5x |