ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1533%/8h= −167.8% APRnext payment −$1.92 per $10,000 · paid last 24h −0.576%

Price spread now: Pacifica against Kraken Futures−0.153%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Pacifica is 0.153% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZKUSD	0.01186	0.1633	pay 0.0204% / 1h	1m 21s	$207K	$46K	25x
Short	Pacifica ZK	0.01184	0.0100	get 0.0013% / 1h	1m 21s	$29K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee PacificabpOrdersPrice spread, now −0.153%Rate

Funding earned: −$321.85
Price spread: −0.153% → 0.000%: −$15.31
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$355.16
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 41 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 41 min ago	31.84 bp	83.2 bp −$83	17325.2 bp −$173.3K	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZK/USDC PERP	+0.0033%	1h	0.01170	−1.334%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0088%	4h	0.01184	−0.187%	$214K	$19K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01184	−0.145%	$127K	$201K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01184	−0.170%	$587K	$170K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01183	−0.204%	$32K	$22K	10x	as long as short
Pacifica ZKshort	+0.0100%	1h	0.01184	−0.153%	$29K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01183	−0.254%	$4.9M	$8.0M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01182	−0.364%	$5.1M	$2.4M	25x	as long as short
OKX ZK-USDT-SWAP	+0.0100%	4h	0.01182	−0.296%	$1.0M	$2.1M	20x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01182	−0.322%	$302K	$264K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZKUSDTM	+0.0100%	4h	0.01182	−0.322%	$967K	$1.6M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01182	−0.322%	$1.4M	$884K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01182	−0.296%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01187	+0.133%	$57K	$13K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01184	−0.153%	$164K	$2.2M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01187	+0.100%	$8K	$629K	50x	as long as short
Kraken Futures PF_ZKUSDlong	+0.1633%	1h	0.01186	long leg	$207K	$46K	25x