ArbiLayer

ZK arbitrage

live

Live ZKsync price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.06%OKX → Variational · Perp–Perp
Best perp–perp spread+0.10%OKX → Variational
Markets tracked1610 venues · 9 perp · 7 spot · 0 DEX
Price range0.31%$0.013 – $0.013

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$0.013Variational logoVariational$0.013 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.013Variational logoVariational$0.013 -0.05%-0.25% -0.05%— +0.030%— LS Chart →
Gate logoGatespot$0.013Variational logoVariational$0.013 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
Bybit logoBybitspot$0.013Variational logoVariational$0.013 -0.07%-0.27% -0.06%— +0.030%— LS Chart →
Binance logoBinancespot$0.013Variational logoVariational$0.013 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.013Variational logoVariational$0.013 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.013Variational logoVariational$0.013 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
OKX logoOKXspot$0.013Hyperliquid logoHyperliquid$0.013 -0.11%-0.31% -0.11%— +0.030%— LS Chart →
OKX logoOKXspot$0.013Bybit logoBybit$0.013 -0.12%-0.32% -0.11%— +0.030%— LS Chart →
OKX logoOKXspot$0.013KuCoin logoKuCoin$0.013 -0.12%-0.32% -0.11%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.013Hyperliquid logoHyperliquid$0.013 -0.12%-0.32% -0.12%— +0.030%— LS Chart →
Gate logoGatespot$0.013Hyperliquid logoHyperliquid$0.013 -0.13%-0.33% -0.13%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.013Bybit logoBybit$0.013 -0.13%-0.33% -0.13%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.013KuCoin logoKuCoin$0.013 -0.13%-0.33% -0.13%— +0.030%— LS Chart →
Bybit logoBybitspot$0.013Hyperliquid logoHyperliquid$0.013 -0.14%-0.34% -0.14%— +0.030%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ZK price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · ZK_USDTPerpetual $0.0129$0.013$0.013-0.15% +0.030%$129.04M
KuCoin logoKuCoinPerpetual · ZKUSDTMPerpetual $0.013$0.013$0.013-0.04% +0.030%$1.75M
Bybit logoBybitPerpetual · ZKUSDTPerpetual $0.013$0.013$0.013-0.05% +0.030%$1.75M
OKX logoOKXPerpetual · ZK-USDT-SWAPPerpetual $0.013$0.013$0.013-0.12% -0.017%$1.12M
Bybit logoBybitSpot · ZKUSDTSpot $0.013$0.013$0.013+0.04% —$1.10M
OKX logoOKXSpot · ZK-USDTSpot $0.013$0.013$0.013+0.00% —$802.3K
Bitget logoBitgetPerpetual · ZKUSDTPerpetual $0.013$0.013$0.013-0.12% +0.030%$529.6K
Hyperliquid logoHyperliquidPerpetual · ZKPerpetual $0.013$0.013$0.013+0.01% +0.030%$386.1K
KuCoin logoKuCoinSpot · ZK-USDTSpot $0.013$0.013$0.0130.00% —$76.0K
Gate logoGateSpot · ZK_USDTSpot $0.013$0.013$0.013+0.03% —$74.5K
Bitget logoBitgetSpot · ZKUSDTSpot $0.013$0.013$0.0130.00% —$70.0K
Variational logoVariationalPerpetual · ZKPerpetual $0.013$0.013$0.013+0.15% +0.030%$25.6K
Binance logoBinancePerpetual · ZKUSDTPerpetual $0.013$0.013$0.013-0.09% +0.030%—
Aster logoAsterPerpetual · ZKUSDTPerpetual $0.013$0.013$0.013-0.03% +0.030%—
Binance logoBinanceSpot · ZKUSDTSpot $0.013$0.013$0.013+0.04% ——
MEXC logoMEXCSpot · ZKUSDTSpot $0.013$0.013$0.013+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ZK arbitrage explained

Right now ZKsync (ZK) trades on 10 venues we scan: 9 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.013 and the highest bid on Bybit spot at $0.013.

The widest ZK perpetual spread is between OKX and Variational: long ZK on OKX at $0.013 and short on Variational at $0.013 for +0.10% gross, or -0.06% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.047% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ZK route is to buy spot on OKX and short the perpetual on Variational: -0.04% gross, -0.24% net, with +0.030% a day of funding on the short leg.

Spot–spot ZK arbitrage (buy on OKX, withdraw, deposit and sell on Bybit) shows -0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ZK gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ZK funding rates · ZK spread charts · ZKsync price · arbitrage scanner for all coins.

Is there a ZK arbitrage opportunity right now?

The best ZK route right now is to buy on OKX → sell on Variational (Perp–Perp): +0.10% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ZK?

OKX (perp) has the lowest ZK ask at $0.013, and Bybit (spot) the highest bid at $0.013. Prices update every 15 seconds on this page.

How many exchanges list ZK?

ArbiLayer tracks 16 ZK markets on 10 venues: 9 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage ZK without transferring coins?

Use two perpetual contracts: go long ZK on the cheaper exchange (OKX now) and short it on the more expensive one (Variational), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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