Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Binance−0.018%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1471.475% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.018%, 7d avg −0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZKPUSDT | 0.04980 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $2.7M | $2.7M | 40x |
| Short | OKX ZKP-USDT-SWAP | 0.04979 | 0.0100 | get 0.0050% / 4h | 3h 50m | $331K | $551K | 20x |
Binance ZKPUSDT
OKX ZKP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.018% → −0.009%
- −$0.94
- Slippage, 4 orders
- −$127.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$148.4
- Costs to cover
- 1.475%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 20 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, 14 min ago | 1.00 bp | 27.3 bp −$27 | 287.9 bp −$2,879 | doesn't fit | doesn't fit |
| Sell OKX live order book, 20 min ago | 3.01 bp | 46.4 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZKP-USDT | +0.0094% | 4h | 0.04983 | +0.062% | $221K | $37K | 40x | as long as short |
| Binance ZKPUSDTlong | +0.0100% | 4h | 0.04980 | long leg | $2.7M | $2.7M | 40x | |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04964 | −0.320% | $1.2M | $976K | 25x | as long as short |
| OKX ZKP-USDT-SWAPshort | +0.0100% | 4h | 0.04979 | −0.018% | $331K | $551K | 20x | |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04972 | −0.159% | $329K | $178K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04981 | +0.022% | $1.2M | $185K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04969 | −0.219% | $584K | $540K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04979 | −0.018% | $296K | $257K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04977 | −0.059% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0234% | 4h | 0.04974 | −0.119% | $24K | $80K | 5x | as long as short |
BloFin ZKP-USDT
Bybit ZKPUSDT
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT