Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX+0.040%53s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as 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−$1171.168% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.040%, 7d avg +0.056%
=The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 53 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 | OKX ZKP-USDT-SWAP | 0.04950 | 0.0100 | pay 0.0050% / 4h | 40m 14s | $331K | $548K | 20x |
| Short | BloFin ZKP-USDT | 0.04952 | 0.0083 | get 0.0042% / 4h | 40m 14s | $221K | $37K | 40x |
OKX ZKP-USDT-SWAP
BloFin ZKP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$3.49
- Price spread: +0.040% → +0.056%
- −$1.57
- Slippage, 4 orders
- −$94.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.9
- Costs to cover
- 1.168%
- Break-even
- never at this rate
Slippage from OKX: live order book, 36 min ago; BloFin: live order book, 30 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 OKX live order book, 36 min ago | 3.04 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 1.01 bp | 25.2 bp −$25 | 97.6 bp −$976 | 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-USDTshort | +0.0083% | 4h | 0.04952 | +0.040% | $221K | $37K | 40x | |
| Binance ZKPUSDT | +0.0100% | 4h | 0.04952 | +0.037% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04943 | −0.141% | $1.2M | $982K | 25x | as long as short |
| OKX ZKP-USDT-SWAPlong | +0.0100% | 4h | 0.04950 | long leg | $331K | $548K | 20x | |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04951 | +0.020% | $326K | $179K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04952 | +0.040% | $1.2M | $182K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04949 | −0.020% | $580K | $544K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04951 | +0.020% | $287K | $255K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04951 | +0.020% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0310% | 4h | 0.04953 | +0.069% | $23K | $80K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT