After costs, if the gap returns to its 7d average, $10k−$207
spread now−0.325%7d average−0.174%fees + slippage, in and out−$192spread needed1.923%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZKUSD | 0.01180 | 0.1956 | pay 0.0244% / 1h | 2m 40s | $196K | $40K | 25x |
| Short | Bitget ZKUSDT | 0.01176 | 0.0100 | get 0.0050% / 4h | 2m 40s | $1.5M | $1.0M | 75x |
Price 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
- −$32.52
- Funding while held
- −$55.67
- Slippage, 4 orders
- −$170.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$280.49
- Spread needed to break even
- 1.923%
Slippage from Kraken Futures: live order book, 46 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1856%
- Per $10,000 a day
- −$55.67
- 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 Kraken Futures live order book, 46 min ago | 44.12 bp | 97.1 bp −$97 | 16256.1 bp −$162.6K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.49 bp | 19.6 bp −$20 | 67.8 bp −$678 | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.ZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZK/USDC PERP | −0.834% | +0.0258% | 1h | $2K | $31K | 5.5x | as long as short |
| Bybit ZKUSDT | −0.461% | +0.0100% | 4h | $5.0M | $3.0M | 25x | as long as short |
| OKX ZK-USDT-SWAP | −0.384% | +0.0100% | 4h | $967K | $2.5M | 20x | as long as short |
| Binance ZKUSDT | −0.374% | +0.0100% | 4h | $4.7M | $11.1M | 75x | as long as short |
| BingX ZK-USDT | −0.351% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Variational Omni ZK | −0.334% | +0.0100% | 4h | $57K | $20K | — | as long as short |
| BloFin ZK-USDT | −0.334% | +0.0129% | 4h | $225K | $50K | 75x | as long as short |
| Pacifica ZK | −0.325% | +0.0100% | 1h | $29K | $4K | 5x | as long as short |
| Gate ZK_USDT | −0.325% | +0.0100% | 8h | $334K | $304K | 50x | as long as short |
| KuCoin ZKUSDTM | −0.325% | +0.0100% | 4h | $1.0M | $1.2M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZKUSDTshort | −0.325% | +0.0100% | 4h | $1.5M | $1.0M | 75x | |
| Lighter ZK | −0.266% | +0.0096% | 1h | $127K | $143K | 8x | as long as short |
| Aster ZKUSDT | −0.258% | +0.0100% | 4h | $32K | $34K | 10x | as long as short |
| Hyperliquid ZK | −0.232% | +0.0100% | 1h | $574K | $294K | 5x | as long as short |
| ApeX Omni ZKUSDT | −0.156% | +0.0100% | 1h | $8K | $611K | 50x | as long as short |
| Kraken Futures PF_ZKUSDlong | 0.000% | +0.1956% | 1h | $196K | $40K | 25x |
Kraken Futures PF_ZKUSD
Bitget ZKUSDT
Injective
Bybit
OKX
Binance
BingX
Variational Omni
BloFin
Pacifica
Gate
KuCoin
Lighter
Aster
Hyperliquid
ApeX Omni