Funding you earn now, next payment 08:00 UTC−0.0433%/8h= −47.4% APRnext payment −$4.33 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Bitget−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.052% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.33 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 | Bitget ZHIPUUSDT | 102.29 | 0.0433 | pay 0.0433% / 8h | 6h 23m | $1.9M | $3.9M | 20x |
| Short | Aster ZHIPUUSDT | 102.24 | 0 | get 0.0000% / 8h | 6h 23m | $52K | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$90.93
- Price spread: −0.052% → 0.000%
- −$5.25
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$116.18
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Aster: 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 Bitget live order book, 4 min ago | 6.30 bp | 28.7 bp −$29 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDTshort | 0.0000% | 8h | 102.24 | −0.052% | $52K | $51K | 20x | |
| SunX ZHIPU-USDT | 0.0000% | 4h | 102.67 | +0.371% | $1K | $1.1M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 102.52 | +0.225% | $36K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 102.25 | −0.040% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 102.66 | +0.358% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0144% | 8h | 102.53 | +0.235% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0150% | 8h | 102.40 | +0.108% | $2.9M | $11.2M | 50x | as long as short |
| Bitget ZHIPUUSDTlong | +0.0433% | 8h | 102.29 | long leg | $1.9M | $3.9M | 20x | |
| KuCoin ZHIPUUSDTM | +0.0444% | 4h | 102.40 | +0.108% | $42K | $130K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0450% | 8h | 102.43 | +0.137% | $5.1M | $16.2M | 25x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ZHIPU | +0.0488% | 1h | 102.27 | −0.020% | $108K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0609% | 4h | 102.57 | +0.274% | $18K | $305K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1283% | 4h | 102.46 | +0.162% | $21.4M | $55.3M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1504% | 1h | 102.45 | +0.156% | $28.1M | $5.8M | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.1505% | 4h | 103.33 | +1.018% | $20K | $152K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1918% | 1h | 102.34 | +0.049% | $37K | $20K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.1947% | 8h | 102.40 | +0.108% | $385K | $1.3M | 25x | as long as short |
Bitget ZHIPUUSDT
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Lighter ZHIPU
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT