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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Bybit+0.100%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2192.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.100%, 7d avg +0.074%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZKPUSDT0.049760.0100pay 0.0050% / 4h3h 02m$1.2M$967K25x
ShortOKX ZKP-USDT-SWAP0.049810.0100get 0.0050% / 4h3h 02m$331K$554K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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: +0.100% → +0.074%
$2.66
Slippage, 4 orders
−$198.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$216.72
Costs to cover
2.194%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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 Bybit live order book, 3 min ago7.02 bp62.7 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.00 bp35.1 bp −$35doesn'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+0.0044%4h0.04994+0.362%$218K$41K40xas long as short
Binance ZKPUSDT+0.0100%4h0.04984+0.163%$2.7M$2.7M40xas long as short
Bybit ZKPUSDTlong+0.0100%4h0.04976long leg$1.2M$967K25x
OKX ZKP-USDT-SWAPshort+0.0100%4h0.04981+0.100%$331K$554K20x
MEXC ZKP_USDT+0.0100%4h0.04984+0.161%$1.2M$192K20xas long as short
KuCoin ZKPUSDTM+0.0100%4h0.049760.000%$583K$535K20xas long as short
Bitget ZKPUSDT+0.0100%4h0.04983+0.141%$291K$259K20xas long as short
BingX ZKP-USDT+0.0100%4h0.04986+0.201%$6.6Mas long as short
Gate ZKP_USDT+0.0148%4h0.04984+0.161%$333K$180K25xas long as short
Aster ZKPUSDT+0.0403%4h0.04985+0.173%$24K$80K5xas long as short