Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against BloFin−0.040%103s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.040%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZKP-USDT | 0.05017 | 0.0046 | pay 0.0023% / 4h | 1h 43m | $213K | $48K | 40x |
| Short | OKX ZKP-USDT-SWAP | 0.05015 | 0.0100 | get 0.0050% / 4h | 1h 43m | $316K | $581K | 20x |
BloFin ZKP-USDT
OKX ZKP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- $11.28
- Price spread: −0.040% → −0.054%
- $1.37
- Slippage, 4 orders
- −$103.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$112.97
- Costs to cover
- 1.256%
- Break-even
- 77.1 days
Slippage from BloFin: live order book, 32 min ago; OKX: live order book, 62 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 BloFin live order book, 32 min ago | 2.00 bp | 16.6 bp −$17 | 66.0 bp −$660 | doesn't fit | doesn't fit |
| Sell OKX live order book, 62 min ago | 5.01 bp | 44.2 bp −$44 | 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-USDTlong | +0.0046% | 4h | 0.05017 | long leg | $213K | $48K | 40x | |
| Binance ZKPUSDT | +0.0100% | 4h | 0.05016 | −0.020% | $2.7M | $2.9M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.05003 | −0.279% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAPshort | +0.0100% | 4h | 0.05015 | −0.040% | $316K | $581K | 20x | |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05009 | −0.159% | $320K | $183K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.05015 | −0.040% | $1.2M | $210K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.05009 | −0.159% | $582K | $497K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.05018 | +0.020% | $306K | $273K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05012 | −0.100% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0307% | 4h | 0.05009 | −0.162% | $27K | $83K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT