After costs, if the gap returns to its 7d average, $10k−$141
spread now−0.140%7d average−0.302%fees + slippage, in and out−$157spread needed1.570%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZKUSD | 0.01158 | 0.1235 | pay 0.0154% / 1h | 20m 18s | $191K | $44K | 25x |
| Short | Bybit ZKUSDT | 0.01156 | 0.0100 | get 0.0050% / 4h | 1h 20m | $4.9M | $2.8M | 25x |
Kraken Futures PF_ZKUSD
Bybit ZKUSDTPrice 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
- −$13.99
- Funding while held
- −$34.04
- Slippage, 4 orders
- −$136.04
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$205.07
- Spread needed to break even
- 1.570%
Slippage from Kraken Futures: live order book, 14 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1135%
- Per $10,000 a day
- −$34.04
- 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, 14 min ago | 16.44 bp | 88.9 bp −$89 | 15414.0 bp −$154.1K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.47 bp | 19.4 bp −$19 | 85.0 bp −$850 | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.01152cheapestPacifica0.01155+0.318%BingX0.01156+0.344%BloFin0.01156+0.370%
Variational Omni
Pacifica
BingX
BloFinBybit0.01156+0.379%
OKX0.01156+0.379%Gate0.01156+0.379%KuCoin0.01156+0.379%ApeX Omni0.01156+0.379%Binance0.01157+0.422%Bitget0.01157+0.465%Hyperliquid0.01157+0.483%Aster0.01157+0.502%
OKX
Gate
KuCoin
ApeX Omni
Binance
Bitget
Hyperliquid
AsterKraken Futures0.01158+0.519%
Lighter0.01158+0.552%Injective0.01170+1.594%
Lighter
InjectiveZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZK | −0.516% | +0.0100% | 4h | $56K | $20K | — | as long as short |
| Pacifica ZK | −0.200% | +0.0100% | 1h | $29K | $3K | 5x | as long as short |
| BingX ZK-USDT | −0.174% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| BloFin ZK-USDT | −0.149% | +0.0144% | 4h | $217K | $49K | 75x | as long as short |
| Bybit ZKUSDTshort | −0.140% | +0.0100% | 4h | $4.9M | $2.8M | 25x | |
| OKX ZK-USDT-SWAP | −0.140% | +0.0100% | 4h | $956K | $2.4M | 20x | as long as short |
| Gate ZK_USDT | −0.140% | +0.0100% | 8h | $320K | $277K | 50x | as long as short |
| KuCoin ZKUSDTM | −0.140% | +0.0100% | 4h | $997K | $1.1M | 50x | as long as short |
| ApeX Omni ZKUSDT | −0.140% | +0.0100% | 1h | $8K | $614K | 50x | as long as short |
| Binance ZKUSDT | −0.097% | +0.0100% | 4h | $4.6M | $10.5M | 75x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZKUSDT | −0.053% | +0.0100% | 4h | $1.4M | $925K | 75x | as long as short |
| Hyperliquid ZK | −0.036% | +0.0100% | 1h | $567K | $243K | 5x | as long as short |
| Aster ZKUSDT | −0.017% | +0.0100% | 4h | $31K | $27K | 10x | as long as short |
| Kraken Futures PF_ZKUSDlong | 0.000% | +0.1235% | 1h | $191K | $44K | 25x | |
| Lighter ZK | +0.033% | +0.0096% | 1h | $113K | $160K | 8x | as long as short |
| Injective ZK/USDC PERP | +1.070% | +0.0033% | 1h | $2K | $31K | 5.5x | as long as short |