Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.085%
Price spread now: Gate against Bybit+0.282%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2252.251% of the position
Funding, last 7 days+0.502%+$50 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.282%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.223% dearer against Bybit than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZKPUSDT | 0.04966 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $1.2M | $1.0M | 25x |
| Short | Gate ZKP_USDT | 0.04980 | 0.0100 | get 0.0050% / 4h | 1h 58m | $329K | $184K | 25x |
Bybit ZKPUSDT
Gate ZKP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.282% → +0.059%
- $22.26
- Slippage, 4 orders
- −$199.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$202.87
- Costs to cover
- 2.251%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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 Bybit live order book, 2 min ago | 2.01 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 12.05 bp | 46.8 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
ZKP on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.04981 | +0.311% | $2.7M | $2.8M | 40x | as long as short |
| Bybit ZKPUSDTlong | +0.0100% | 4h | 0.04966 | long leg | $1.2M | $1.0M | 25x | |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04978 | +0.242% | $330K | $566K | 20x | as long as short |
| Gate ZKP_USDTshort | +0.0100% | 4h | 0.04980 | +0.282% | $329K | $184K | 25x | |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04982 | +0.322% | $1.2M | $203K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04984 | +0.362% | $580K | $528K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04980 | +0.282% | $303K | $275K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04980 | +0.282% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0262% | 4h | 0.04985 | +0.373% | $26K | $85K | 5x | as long as short |
Binance ZKPUSDT
OKX ZKP-USDT-SWAP
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT