ArbiLayer

ZK arbitrage

live

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

Best net spread+0.09%Variational → Bitget · Perp–Perp
Best perp–perp spread+0.25%Variational → Bitget
Markets tracked1711 venues · 9 perp · 7 spot · 1 DEX
Price range0.86%$0.0119 – $0.012

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.012OKX logoOKXspot$0.012 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012OKX logoOKXspot$0.012 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.012Binance logoBinancespot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.012Gate logoGatespot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.012Bitget logoBitgetspot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.012KuCoin logoKuCoinspot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012Binance logoBinancespot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012Gate logoGatespot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012Bitget logoBitgetspot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012KuCoin logoKuCoinspot$0.012 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.012Bybit logoBybitspot$0.012 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
OKX logoOKXspot$0.012Binance logoBinancespot$0.012 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
OKX logoOKXspot$0.012Gate logoGatespot$0.012 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
OKX logoOKXspot$0.012Bitget logoBitgetspot$0.012 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
OKX logoOKXspot$0.012KuCoin logoKuCoinspot$0.012 -0.07%-0.27% -0.07%— 0.000%— 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 $0.012$0.012$0.012-0.16% +0.030%$236.88M
Bybit logoBybitPerpetual · ZKUSDTPerpetual $0.012$0.012$0.012-0.12% +0.021%$2.65M
KuCoin logoKuCoinPerpetual · ZKUSDTMPerpetual $0.012$0.012$0.012-0.04% +0.008%$2.03M
OKX logoOKXPerpetual · ZK-USDT-SWAPPerpetual $0.012$0.012$0.012-0.08% -0.082%$1.50M
Bybit logoBybitSpot · ZKUSDTSpot $0.012$0.012$0.012+0.03% —$1.23M
OKX logoOKXSpot · ZK-USDTSpot $0.012$0.012$0.012+0.04% —$955.4K
Bitget logoBitgetPerpetual · ZKUSDTPerpetual $0.012$0.012$0.012-0.04% +0.030%$836.6K
Hyperliquid logoHyperliquidPerpetual · ZKPerpetual $0.012$0.012$0.012-0.02% +0.030%$500.5K
Syncswap · zkSync logoSyncswap · zkSyncDEX pool · zksync · 0x5a7d…af3eDEX pool $0.0119$0.012$0.0119-0.41% —$161.9K
Gate logoGateSpot · ZK_USDTSpot $0.012$0.012$0.012+0.06% —$110.2K
KuCoin logoKuCoinSpot · ZK-USDTSpot $0.012$0.012$0.012+0.05% —$108.7K
Bitget logoBitgetSpot · ZKUSDTSpot $0.012$0.012$0.012+0.09% —$79.6K
Variational logoVariationalPerpetual · ZKPerpetual $0.0119$0.012$0.0119-0.45% -0.160%$53.0K
Binance logoBinancePerpetual · ZKUSDTPerpetual $0.012$0.012$0.012-0.08% +0.005%—
Aster logoAsterPerpetual · ZKUSDTPerpetual $0.012$0.0121$0.012+0.41% +0.030%—
Binance logoBinanceSpot · ZKUSDTSpot $0.012$0.012$0.012+0.09% ——
MEXC logoMEXCSpot · ZKUSDTSpot $0.012$0.012$0.012+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 11 venues we scan: 9 perpetual markets, 7 spot markets and 1 DEX pool. The lowest ask is on Variational perp at $0.012 and the highest bid on OKX spot at $0.012.

The widest ZK perpetual spread is between Variational and Bitget: long ZK on Variational at $0.012 and short on Bitget at $0.012 for +0.25% gross, or +0.09% 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 +0.190% 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 Bybit and short the perpetual on Bitget: -0.13% gross, -0.33% net, with +0.030% a day of funding on the short leg.

Spot–spot ZK arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) shows -0.04% 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 Variational → sell on Bitget (Perp–Perp): +0.25% gross and +0.09% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ZK?

Variational (perp) has the lowest ZK ask at $0.012, and OKX (spot) the highest bid at $0.012. Prices update every 15 seconds on this page.

How many exchanges list ZK?

ArbiLayer tracks 17 ZK markets on 11 venues: 9 perpetual, 7 spot and 1 DEX pool.

How do I arbitrage ZK without transferring coins?

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

Arbitrage for other coins