Funding you earn now, next payment 09:00 UTC−0.0455%/8h= −49.8% APRpaid last 24h −0.017%
Price spread now: tradeXYZ against Binance−0.236%7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days+0.551%+$55 on $10k
+Price spread, last 7 days+0.206%+$21 · spread now −0.236%, 7d avg +0.107%
=Together, before fees+0.757%+ Points / potential airdroptradeXYZ: Active · farm board+$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and tradeXYZ is 0.343% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.107%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.551%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHIPUUSDT | 94.467 | 0.0505 | pay 0.0252% / 4h | 3h 20m | $22.0M | $55.4M | 25x |
| Short | tradeXYZ xyz:ZHIPU | 94.244 | 0.0050 | get 0.0006% / 1h | 20m 36s | $26.5M | $6.9M | 10x |
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$95.51
- Price spread: −0.236% → +0.107%
- −$34.29
- Slippage, 4 orders
- −$23.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$181.44
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 9 min ago.
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, 7 min ago | 1.06 bp | 10.7 bp −$11 | 42.9 bp −$429 | 129.4 bp −$12.9K | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.07 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZHIPUUSDT | 0.0000% | 8h | 94.520 | +0.056% | $355K | $1.2M | 25x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.540 | +0.077% | $3.3M | $10.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 94.550 | +0.088% | $2K | $395K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 94.480 | +0.014% | $15K | $347K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 94.330 | −0.145% | $100K | $16K | 10x | as long as short |
| tradeXYZ xyz:ZHIPUshort | +0.0050% | 1h | 94.244 | −0.236% | $26.5M | $6.9M | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.240 | −0.240% | $33K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.249 | −0.230% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.280 | −0.198% | $819 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0128% | 1h | 94.257 | −0.222% | — | — | 10x | as long as short |
Bybit ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZHIPU-USD.P | +0.0142% | 1h | 94.430 | −0.039% | $32K | $19K | 5x | as long as short |
| Binance ZHIPUUSDTlong | +0.0505% | 4h | 94.467 | long leg | $22.0M | $55.4M | 25x | |
| KuCoin ZHIPUUSDTM | +0.0528% | 4h | 94.380 | −0.092% | $39K | $180K | 20x | as long as short |
| Aster ZHIPUUSDT | +0.0620% | 8h | 94.314 | −0.162% | $53K | $33K | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.0929% | 4h | 94.145 | −0.341% | $20K | $151K | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.1149% | 8h | 94.550 | +0.088% | $1.6M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1619% | 8h | 94.610 | +0.152% | $5.1M | $15.1M | 25x | as long as short |
Ondo Perps ZHIPU-USD.P
KuCoin ZHIPUUSDTM
Aster ZHIPUUSDT
edgeX ZHIPUUSDC
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP