ZK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.2590%/8h= +283.6% APRnext payment +$3.24 per $10,000 · paid last 24h +0.582%

Price spread now: Kraken Futures against Pacifica+0.465%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Kraken Futures

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 for this trade now. Funding pays +$78 a day on $10k at the current rate, and Kraken Futures is 0.465% dearer against Pacifica than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ZK	0.01192	0.0100	pay 0.0013% / 1h	15m 24s	$29K	$3K	5x
Short	Kraken Futures PF_ZKUSD	0.01198	0.2690	get 0.0336% / 1h	15m 24s	$209K	$46K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. 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 PacificabpFee Kraken FuturesbpOrdersPrice spread, now +0.465%Rate

Funding earned: $543.82
Price spread: +0.465% → 0.000%: $46.47
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $572.3
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Kraken Futures: live order book, 22 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 22 min ago	39.10 bp	63.4 bp −$63	288.5 bp −$2,885	doesn't fit	doesn't fit

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	−1.862%	$2K	$31K	5.5x	as long as short
BloFin ZK-USDT	+0.0047%	4h	0.01192	−0.025%	$215K	$19K	75x	as long as short
Lighter ZK	+0.0096%	1h	0.01194	+0.134%	$128K	$197K	8x	as long as short
Hyperliquid ZK	+0.0100%	1h	0.01192	−0.050%	$593K	$165K	5x	as long as short
Aster ZKUSDT	+0.0100%	4h	0.01192	+0.007%	$33K	$23K	10x	as long as short
Pacifica ZKlong	+0.0100%	1h	0.01192	long leg	$29K	$3K	5x
Binance ZKUSDT	+0.0100%	4h	0.01191	−0.115%	$4.9M	$7.9M	75x	as long as short
Bybit ZKUSDT	+0.0100%	4h	0.01191	−0.092%	$5.2M	$2.4M	25x	as long as short
OKX ZK-USDT-SWAP	+0.0100%	4h	0.01190	−0.185%	$1.0M	$2.1M	20x	as long as short
Gate ZK_USDT	+0.0100%	8h	0.01191	−0.101%	$304K	$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	0.01190	−0.185%	$969K	$1.6M	50x	as long as short
Bitget ZKUSDT	+0.0100%	4h	0.01191	−0.101%	$1.4M	$885K	75x	as long as short
BingX ZK-USDT	+0.0100%	4h	0.01191	−0.101%	—	$6.7M	—	as long as short
Variational Omni ZK	+0.0100%	4h	0.01191	−0.070%	$58K	$13K	—	as long as short
GRVT ZK_USDT_Perp	+0.0100%	4h	0.01190	−0.185%	$155K	$2.2M	10x	as long as short
ApeX Omni ZKUSDT	+0.0100%	1h	0.01188	−0.352%	$8K	$629K	50x	as long as short
Kraken Futures PF_ZKUSDshort	+0.2690%	1h	0.01198	+0.465%	$209K	$46K	25x