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

ZKP

all ZKP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against BloFin−0.060%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1221.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.060%, 7d avg −0.052%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZKP-USDT0.050080.0078pay 0.0039% / 4h3h 23m$216K$46K40x
ShortBitget ZKPUSDT0.050050.0100get 0.0050% / 4h3h 23m$316K$268K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$4.6
Price spread: −0.060% → −0.052%
−$0.8
Slippage, 4 orders
−$97.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$118.09
Costs to cover
1.219%
Break-even
186.5 days
Slippage from BloFin: live order book, 68 min ago; Bitget: live order book, 22 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 BloFin live order book, 68 min ago1.98 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 22 min ago6.94 bp37.0 bp −$37429.0 bp −$4,290doesn'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-USDTlong+0.0078%4h0.05008long leg$216K$46K40x
Aster ZKPUSDT+0.0100%4h0.05006−0.030%$27K$83K5xas long as short
Binance ZKPUSDT+0.0100%4h0.05006−0.046%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.04998−0.200%$1.2M$1.0M25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.050080.000%$319K$560K20xas long as short
Gate ZKP_USDT+0.0100%4h0.05011+0.060%$323K$173K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05005−0.060%$1.2M$208K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.050080.000%$581K$508K20xas long as short
Bitget ZKPUSDTshort+0.0100%4h0.05005−0.060%$316K$268K20x
BingX ZKP-USDT+0.0100%4h0.05009+0.020%$6.6Mas long as short