Funding you earn now, next payment 08:00 UTC+0.2544%/8h= +278.6% APRnext payment +$25.44 per $10,000 · paid last 24h +0.104%
Price spread now: Bybit against Aster+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$76 a day on $10k at the current rate, and Bybit is 0.120% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$25.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZHIPUUSDT | 99.740 | 0.0250 | pay 0.0250% / 8h | 5h 32m | $51K | $53K | 20x |
| Short | Bybit ZHIPUUSDT | 99.860 | 0.2794 | get 0.2794% / 8h | 5h 32m | $371K | $1.3M | 25x |
Aster ZHIPUUSDT
Bybit ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $534.31
- Price spread: +0.120% → 0.000%
- $12.03
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $527.34
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 5.01 bp | 34.5 bp −$35 | 82.7 bp −$827 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZHIPU on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 99.990 | +0.251% | $1K | $933K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 99.840 | +0.100% | $35K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 99.515 | −0.226% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 99.880 | +0.140% | $51 | $266 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 99.938 | +0.198% | — | — | 10x | as long as short |
| Aster ZHIPUUSDTlong | +0.0250% | 8h | 99.740 | long leg | $51K | $53K | 20x | |
| Gate ZHIPU_USDT | +0.0336% | 8h | 99.900 | +0.160% | $3.1M | $10.7M | 50x | as long as short |
| HTX ZHIPU-USDT | +0.1028% | 4h | 99.910 | +0.170% | $18K | $321K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1065% | 8h | 99.940 | +0.201% | $1.9M | $3.6M | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1103% | 1h | 99.590 | −0.150% | $36K | $18K | 5x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Bitget ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.1190% | 4h | 99.670 | −0.070% | $40K | $122K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1214% | 8h | 99.970 | +0.231% | $5.4M | $15.9M | 25x | as long as short |
| Lighter ZHIPU | +0.1320% | 1h | 99.820 | +0.080% | $105K | $20K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1980% | 1h | 99.792 | +0.052% | $27.7M | $6.4M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.2023% | 4h | 99.710 | −0.030% | $22.5M | $55.8M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2225% | 4h | 99.684 | −0.056% | $20K | $150K | 10x | as long as short |
| Bybit ZHIPUUSDTshort | +0.2794% | 8h | 99.860 | +0.120% | $371K | $1.3M | 25x |
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC