ZK funding rates and arbitrage
Updated 2026-10-29 16:59 UTC
Best ZK arbitrage after every cost
No ZK pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ZK funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_ZKUSD | 0.0149% | 1 h | +130.7% | +10.0% | $239.8K | 2026-10-29 17:00 |
| Crypto.com | ZKUSD-PERP | 0.0137% | 1 h | +119.8% | +95.8% | $38.7K | 2026-10-29 17:00 |
| Extended | ZK-USD | 0.0013% | 1 h | +11.4% | +9.9% | $2K | 2026-10-29 17:00 |
| KuCoin | ZKUSDTM | 0.0050% | 4 h | +10.9% | +8.4% | $1.8M | 2026-10-29 20:00 |
| Bitunix | ZKUSDT | 0.0050% | 4 h | +10.9% | +6.0% | — | 2026-10-29 20:00 |
| WhiteBIT | ZK_PERP | 0.0050% | 4 h | +10.9% | +11.1% | $1.4M | 2026-10-29 20:00 |
| Pacifica | ZK | 0.0013% | 1 h | +10.9% | +11.0% | $14.2K | 2026-10-29 17:00 |
| ApeX | ZK-USDT | 0.0013% | 1 h | +10.9% | +6.7% | $17.5K | 2026-10-29 17:00 |
| Bitget | ZKUSDT | 0.0050% | 4 h | +10.9% | +6.3% | $1.3M | 2026-10-29 20:00 |
| WOO X | PERP_ZK_USDT | 0.0050% | 4 h | +10.9% | +6.2% | $12 | 2026-10-29 20:00 |
| BingX | ZK-USDT | 0.0050% | 4 h | +10.9% | +10.5% | $1.3M | 2026-10-29 20:00 |
| GRVT | ZK_USDT_Perp | 0.0050% | 4 h | +10.9% | −6.9% | $155.1K | 2026-10-29 20:00 |
| Aster | ZKUSDT | 0.0050% | 4 h | +10.9% | −6.7% | $18.9K | 2026-10-29 20:00 |
| Variational | ZK-PERP | 0.0050% | 4 h | +10.9% | — | $68.3K | 2026-10-29 20:00 |
| Binance | ZKUSDT | 0.0050% | 4 h | +10.9% | +6.2% | $5.9M | 2026-10-29 20:00 |
| Gate | ZK_USDT | 0.0100% | 8 h | +10.9% | +11.4% | $179.8K | 2026-10-30 00:00 |
| Hyperliquid | ZK | 0.0013% | 1 h | +10.9% | +11.0% | $4.6M | 2026-10-29 17:00 |
| Lighter | ZK | 0.0012% | 1 h | +10.5% | +10.5% | $60.6K | 2026-10-29 17:00 |
| BloFin | ZK-USDT | 0.0034% | 4 h | +7.4% | +6.9% | $265.9K | 2026-10-29 20:00 |
| Bybit | ZKUSDT | 0.0013% | 4 h | +2.8% | +2.8% | $5.1M | 2026-10-29 20:00 |
| OKX | ZK-USDT-SWAP | -0.0054% | 4 h | −11.8% | −3.0% | $1.6M | 2026-10-29 20:00 |
Borrow ZK to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 5.53% | — |
| Bybit | 5.97% | — |
| Bitget | 9.11% | — |
| Binance | 27.46% | — |
| Gate | 66.99% | $30K |
Cost to enter $10,000 of ZK
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| GRVT | ZK_USDT_Perp | 16.9 bp | order-book snapshot, 17 min old |
| Extended | ZK-USD | 3.3 bp | top of book only |
| Variational | ZK-PERP | 4.2 bp | top of book only |
| OKX | ZK-USDT-SWAP | 5.4 bp | top of book only |
| Bybit | ZKUSDT | 5.9 bp | top of book only |
| Binance | ZKUSDT | 6.3 bp | top of book only |
| BingX | ZK-USDT | 6.7 bp | top of book only |
| BloFin | ZK-USDT | 6.8 bp | top of book only |
| Lighter | ZK | 8.1 bp | top of book only |
| Aster | ZKUSDT | 12.1 bp | top of book only |
| OKX | ZK-USDT (spot) | 13.8 bp | top of book only |
| Bybit | ZKUSDT (spot) | 13.8 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on ZK
Questions
Is ZK funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no ZK pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest ZK funding rate?
Kraken at +130.7% a year (0.0149% every 1 h); the lowest is OKX at −11.8%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.