After costs, if the gap returns to its 7d average, $10k−$48
spread now+0.034%7d average+0.048%fees + slippage, in and out−$46spread needed0.462%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZK | 0.01176 | 0.0096 | pay 0.0012% / 1h | 10m 57s | $125K | $140K | 8x |
| Short | Hyperliquid ZK | 0.01176 | 0.0100 | get 0.0013% / 1h | 10m 57s | $573K | $296K | 5x |
Lighter ZK
Hyperliquid 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
- $3.4
- Funding while held
- $0.12
- Slippage, 4 orders
- −$37.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$42.67
- Spread needed to break even
- 0.462%
Slippage from Lighter: live order book, 21 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 21 min ago | 4.71 bp | 8.7 bp −$9 | 77.5 bp −$775 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.28 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.Injective0.01170cheapestVariational Omni0.01171+0.086%ApeX Omni0.01174+0.342%Bybit0.01174+0.368%BloFin0.01174+0.368%BingX0.01175+0.402%Pacifica0.01175+0.410%OKX0.01175+0.419%Binance0.01175+0.427%Gate0.01175+0.427%KuCoin0.01175+0.427%Bitget0.01175+0.427%
Injective
Variational Omni
ApeX Omni
Bybit
BloFin
BingX
Pacifica
OKX
Binance
Gate
KuCoin
BitgetLighter0.01176+0.487%
Aster0.01176+0.499%
AsterHyperliquid0.01176+0.521%
Kraken Futures0.01178+0.644%
Kraken FuturesZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZK/USDC PERP | −0.485% | +0.0258% | 1h | $2K | $31K | 5.5x | as long as short |
| Variational Omni ZK | −0.400% | +0.0100% | 4h | $57K | $20K | — | as long as short |
| ApeX Omni ZKUSDT | −0.145% | +0.0100% | 1h | $8K | $610K | 50x | as long as short |
| Bybit ZKUSDT | −0.119% | +0.0100% | 4h | $5.0M | $3.0M | 25x | as long as short |
| BloFin ZK-USDT | −0.119% | +0.0084% | 4h | $225K | $50K | 75x | as long as short |
| BingX ZK-USDT | −0.085% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Pacifica ZK | −0.077% | +0.0100% | 1h | $29K | $4K | 5x | as long as short |
| OKX ZK-USDT-SWAP | −0.068% | +0.0100% | 4h | $964K | $2.5M | 20x | as long as short |
| Binance ZKUSDT | −0.060% | +0.0100% | 4h | $4.7M | $11.2M | 75x | as long as short |
| Gate ZK_USDT | −0.060% | +0.0100% | 8h | $333K | $304K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ZKUSDTM | −0.060% | +0.0100% | 4h | $1.1M | $1.2M | 50x | as long as short |
| Bitget ZKUSDT | −0.060% | +0.0100% | 4h | $1.5M | $1.0M | 75x | as long as short |
| Lighter ZKlong | 0.000% | +0.0096% | 1h | $125K | $140K | 8x | |
| Aster ZKUSDT | +0.012% | +0.0100% | 4h | $32K | $34K | 10x | as long as short |
| Hyperliquid ZKshort | +0.034% | +0.0100% | 1h | $573K | $296K | 5x | |
| Kraken Futures PF_ZKUSD | +0.156% | +0.1960% | 1h | $196K | $40K | 25x | as long as short |