Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.080%
Price spread now: Gate against Binance−0.104%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2752.753% of the position
Funding, last 7 days+0.498%+$50 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.104%, 7d avg −0.024%
=Funding pays, the price is against you. Gate is 0.080% cheaper against Binance than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.024%). If the spread goes back, that is −$8 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.498% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZKPUSDT | 0.04979 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $2.7M | $2.7M | 40x |
| Short | Gate ZKP_USDT | 0.04974 | 0.0122 | get 0.0061% / 4h | 3h 34m | $332K | $180K | 25x |
Binance ZKPUSDT
Gate ZKP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.62
- Price spread: −0.104% → −0.024%
- −$8.03
- Slippage, 4 orders
- −$250.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$278.67
- Costs to cover
- 2.753%
- Break-even
- 429.2 days
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 35 min ago.
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 Binance live order book, 16 min ago | 1.00 bp | 17.5 bp −$17 | 290.3 bp −$2,903 | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 12.05 bp | 39.5 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDTlong | +0.0100% | 4h | 0.04979 | long leg | $2.7M | $2.7M | 40x | |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04971 | −0.164% | $1.2M | $973K | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04980 | +0.017% | $331K | $553K | 20x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04978 | −0.023% | $1.2M | $188K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04976 | −0.064% | $583K | $538K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04980 | +0.017% | $294K | $258K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04976 | −0.064% | — | $6.6M | — | as long as short |
| Gate ZKP_USDTshort | +0.0122% | 4h | 0.04974 | −0.104% | $332K | $180K | 25x | |
| BloFin ZKP-USDT | +0.0142% | 4h | 0.04975 | −0.084% | $222K | $37K | 40x | as long as short |
| Aster ZKPUSDT | +0.0283% | 4h | 0.04975 | −0.077% | $24K | $80K | 5x | as long as short |
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
BloFin ZKP-USDT
Aster ZKPUSDT