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

ZKP

all ZKP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0043%/8h= −4.8% APRnext payment $0.22 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against BloFin+0.020%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,078as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,066as in the Price arb table
costs, in and out, $10k−$1,07910.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.564%−$56 · spread now +0.020%, 7d avg −0.110%
Together, before fees−0.556%−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.130% dearer against BloFin than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.110%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZKP-USDT0.050480.0143pay 0.0072% / 4h2h 57m$213K$49K40x
ShortKuCoin ZKPUSDTM0.050490.0100get 0.0050% / 4h2h 57m$594K$473K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.12
Price spread: +0.020% → −0.110%
$12.98
Slippage, 4 orders
−$1,054.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,074.88
Costs to cover
10.787%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 27 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, 4 min ago7.92 bp18.1 bp −$1883.5 bp −$835doesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago14.91 bp268.9 bp −$269doesn'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
Binance ZKPUSDT+0.0100%4h0.05050+0.040%$2.7M$2.9M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.05039−0.178%$1.2M$1.0M25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.050480.000%$315K$580K20xas long as short
Gate ZKP_USDT+0.0100%4h0.05047−0.020%$320K$168K25xas long as short
MEXC ZKP_USDT+0.0100%4h0.05047−0.020%$1.2M$211K20xas long as short
KuCoin ZKPUSDTMshort+0.0100%4h0.05049+0.020%$594K$473K20x
Bitget ZKPUSDT+0.0100%4h0.05052+0.079%$324K$286K20xas long as short
BingX ZKP-USDT+0.0100%4h0.05051+0.059%$6.6Mas long as short
BloFin ZKP-USDTlong+0.0143%4h0.05048long leg$213K$49K40x
Aster ZKPUSDT+0.0304%4h0.05051+0.059%$27K$78K5xas long as short