Funding you earn now, next payment 02:00 UTC−0.1320%/8h= −144.6% APRpaid last 24h −0.146%
Price spread now: SoDEX against Binance−0.418%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and SoDEX is 0.418% cheaper against Binance than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Binance ZHIPUUSDT | 103.01 | 0.1370 | pay 0.0685% / 4h | 2h 17m | $21.6M | $54.6M | 25x |
| Short | SoDEX ZHIPU-USD | 102.58 | 0.0050 | get 0.0006% / 1h | 17m 31s | $36K | $3K | 10x |
Binance ZHIPUUSDT
SoDEX ZHIPU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- −$277.27
- Price spread: −0.418% → 0.000%
- −$41.77
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$337.04
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; SoDEX: no order-book sample. 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 Binance live order book, 10 min ago | 1.94 bp | 13.8 bp −$14 | 48.9 bp −$489 | 184.1 bp −$18.4K | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 102.47 | −0.520% | $53K | $52K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 102.82 | −0.185% | $1K | $1.1M | 10x | as long as short |
| SoDEX ZHIPU-USDshort | +0.0050% | 1h | 102.58 | −0.418% | $36K | $3K | 10x | |
| Nado ZHIPU-PERP | +0.0100% | 1h | 102.56 | −0.432% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 102.67 | −0.330% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0126% | 8h | 102.64 | −0.359% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0255% | 8h | 103.04 | +0.029% | $2.9M | $11.5M | 50x | as long as short |
| Bitget ZHIPUUSDT | +0.0500% | 8h | 103.10 | +0.087% | $1.9M | $3.7M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0521% | 8h | 103.17 | +0.155% | $5.2M | $16.4M | 25x | as long as short |
| Lighter ZHIPU | +0.0536% | 1h | 102.80 | −0.204% | $109K | $20K | 10x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Lighter ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0540% | 4h | 102.63 | −0.369% | $41K | $125K | 20x | as long as short |
| HTX ZHIPU-USDT | +0.0603% | 4h | 102.68 | −0.321% | $18K | $306K | 20x | as long as short |
| Binance ZHIPUUSDTlong | +0.1370% | 4h | 103.01 | long leg | $21.6M | $54.6M | 25x | |
| tradeXYZ xyz:ZHIPU | +0.1571% | 1h | 103.01 | 0.000% | $28.3M | $6.0M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1664% | 1h | 102.82 | −0.185% | $37K | $20K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.2077% | 8h | 103.06 | +0.048% | $384K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2237% | 4h | 101.78 | −1.193% | $20K | $154K | 10x | as long as short |
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC