After costs, if the gap returns to its 7d average, $10k−$194
spread now+0.023%7d average+0.230%fees + slippage, in and out−$173spread needed1.733%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZK | 0.01158 | 0.0096 | pay 0.0012% / 1h | 10m 38s | $114K | $156K | 8x |
| Short | Kraken Futures PF_ZKUSD | 0.01158 | 0.2183 | get 0.0273% / 1h | 10m 38s | $193K | $39K | 25x |
Lighter ZK
Kraken Futures PF_ZKUSDPrice 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
- $2.29
- Funding while held
- $62.62
- Slippage, 4 orders
- −$163.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$108.42
- Spread needed to break even
- 1.733%
Slippage from Lighter: live order book, 11 min ago; Kraken Futures: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2087%
- Per $10,000 a day
- +$62.62
- 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, 11 min ago | 6.45 bp | 27.5 bp −$28 | 69.6 bp −$696 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 28 min ago | 40.84 bp | 56.7 bp −$57 | 237.6 bp −$2,376 | doesn't fit | doesn't fit |
ZK price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.01155cheapestBloFin0.01155+0.017%Bybit0.01156+0.087%Gate0.01156+0.087%BingX0.01156+0.087%Pacifica0.01156+0.113%Binance0.01157+0.139%Variational Omni0.01157+0.169%OKX0.01157+0.173%Hyperliquid0.01157+0.190%Aster0.01157+0.191%
KuCoin
BloFin
Bybit
Gate
BingX
Pacifica
Binance
Variational Omni
OKX
Hyperliquid
AsterLighter0.01158+0.234%
Kraken Futures0.01158+0.257%
Bitget0.01158+0.260%ApeX Omni0.01160+0.433%Injective0.01170+1.299%
Bitget
ApeX Omni
InjectiveZK on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ZKUSDTM | −0.233% | +0.0100% | 4h | $998K | $1.1M | 50x | as long as short |
| BloFin ZK-USDT | −0.216% | +0.0059% | 4h | $217K | $49K | 75x | as long as short |
| Bybit ZKUSDT | −0.147% | +0.0100% | 4h | $4.9M | $2.8M | 25x | as long as short |
| Gate ZK_USDT | −0.147% | +0.0100% | 8h | $324K | $284K | 50x | as long as short |
| BingX ZK-USDT | −0.147% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Pacifica ZK | −0.121% | +0.0100% | 1h | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | −0.095% | +0.0100% | 4h | $4.6M | $10.6M | 75x | as long as short |
| Variational Omni ZK | −0.065% | +0.0100% | 4h | $56K | $20K | — | as long as short |
| OKX ZK-USDT-SWAP | −0.060% | +0.0097% | 4h | $953K | $2.4M | 20x | as long as short |
| Hyperliquid ZK | −0.043% | +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 | |
|---|---|---|---|---|---|---|---|
| Aster ZKUSDT | −0.043% | +0.0100% | 4h | $31K | $27K | 10x | as long as short |
| Lighter ZKlong | 0.000% | +0.0096% | 1h | $114K | $156K | 8x | |
| Kraken Futures PF_ZKUSDshort | +0.023% | +0.2183% | 1h | $193K | $39K | 25x | |
| Bitget ZKUSDT | +0.026% | +0.0100% | 4h | $1.4M | $930K | 75x | as long as short |
| ApeX Omni ZKUSDT | +0.199% | +0.0100% | 1h | $8K | $613K | 50x | as long as short |
| Injective ZK/USDC PERP | +1.062% | +0.0033% | 1h | $2K | $31K | 5.5x | as long as short |