Settings8H · net · $10k
Funding arb · Price arb /

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BingX−0.040%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$845as in the Funding arb table
Net, price: spread back to 7d avg − costs−$849as in the Price arb table
costs, in and out, $10k−$8498.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.040%, 7d avg −0.040%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZKP-USDT0.049510.0100pay 0.0050% / 4h40m 28s$6.6M
ShortKuCoin ZKPUSDTM0.049490.0100get 0.0050% / 4h40m 28s$580K$544K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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

Funding earned
$0
Price spread: −0.040% → −0.040%
−$0.02
Slippage, 4 orders
−$827.3
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$849.32
Costs to cover
8.493%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago4.03 bp29.8 bp −$30127.0 bp −$1,270doesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago5.04 bp577.9 bp −$578doesn't fitdoesn't fitdoesn't fit

ZKP on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZKP-USDT+0.0083%4h0.04952+0.020%$221K$37K40xas long as short
Binance ZKPUSDT+0.0100%4h0.04952+0.017%$2.7M$2.7M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.04943−0.162%$1.2M$982K25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.04944−0.141%$331K$547K20xas long as short
Gate ZKP_USDT+0.0100%4h0.049510.000%$326K$179K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.04952+0.020%$1.2M$182K20xas long as short
KuCoin ZKPUSDTMshort+0.0100%4h0.04949−0.040%$580K$544K20x
Bitget ZKPUSDT+0.0100%4h0.04952+0.020%$287K$255K20xas long as short
BingX ZKP-USDTlong+0.0100%4h0.04951long leg$6.6M
Aster ZKPUSDT+0.0310%4h0.04954+0.052%$23K$80K5xas long as short