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

ZKP

all ZKP markets
SwapBacktest
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 0.000%
Price spread now: MEXC against KuCoin−0.100%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,457as in the Price arb table
costs, in and out, $10k−$1,44114.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.100%, 7d avg +0.057%
Together, before fees+0.122%+$12 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: MEXC is 0.157% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZKPUSDTM0.049890.0100pay 0.0050% / 4h1h 48m$579K$526K20x
ShortMEXC ZKP_USDT0.049840.0100get 0.0050% / 4h1h 48m$1.2M$204K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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% → +0.057%
−$15.7
Slippage, 4 orders
−$1,425.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,457.03
Costs to cover
14.413%
Break-even
never at this rate
Slippage from KuCoin: live order book, 50 min ago; MEXC: 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 KuCoin live order book, 50 min ago16.03 bp1123.2 bp −$1,123doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.00 bp13.2 bp −$1363.6 bp −$636485.2 bp −$48.5Kdoesn't fit

ZKP on 9 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%4h0.04987−0.037%$2.7M$2.8M40xas long as short
Bybit ZKPUSDT+0.0100%4h0.04978−0.220%$1.2M$1.0M25xas long as short
OKX ZKP-USDT-SWAP+0.0100%4h0.04988−0.020%$331K$567K20xas long as short
Gate ZKP_USDT+0.0100%4h0.04990+0.020%$326K$186K25xas long as short
MEXC ZKP_USDTshort+0.0100%4h0.04984−0.100%$1.2M$204K20x
KuCoin ZKPUSDTMlong+0.0100%4h0.04989long leg$579K$526K20x
Bitget ZKPUSDT+0.0100%4h0.049890.000%$305K$276K20xas long as short
BingX ZKP-USDT+0.0100%4h0.04986−0.060%$6.6Mas long as short
Aster ZKPUSDT+0.0246%4h0.04992+0.060%$26K$84K5xas long as short