Funding you earn now, next payment 04:00 UTC+0.0999%/8h= +109.4% APRpaid last 24h +0.260%
Price spread now: edgeX against Bitget+0.008%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2262.260% of the position
Funding, last 7 days+0.528%+$53 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now +0.008%, 7d avg +0.065%
=Together, before fees+0.529%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.528% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.528% in total (about 27.5% a year). A funding rate is set anew for every payment. 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 | 106.83 | 0.0431 | pay 0.0431% / 8h | 6h 44m | $2.0M | $4.5M | 20x |
| Short | edgeX ZHIPUUSDC | 106.84 | 0.1430 | get 0.0715% / 4h | 2h 44m | $21K | $152K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $209.77
- Price spread: +0.008% → +0.065%
- −$5.63
- Slippage, 4 orders
- −$204.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$21.85
- Costs to cover
- 2.260%
- Break-even
- 7.7 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 22 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 Bitget live order book, 3 min ago | 4.68 bp | 20.7 bp −$21 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 22 min ago | 11.27 bp | 91.6 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 106.18 | −0.607% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 107.00 | +0.159% | $2K | $1.1M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.83 | 0.000% | $38K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.87 | +0.034% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.89 | +0.056% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0198% | 8h | 106.85 | +0.019% | $55 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0209% | 8h | 107.10 | +0.253% | $2.9M | $10.3M | 50x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0392% | 8h | 107.04 | +0.197% | $5.1M | $18.5M | 25x | as long as short |
| Bitget ZHIPUUSDTlong | +0.0431% | 8h | 106.83 | long leg | $2.0M | $4.5M | 20x | |
| KuCoin ZHIPUUSDTM | +0.0468% | 4h | 106.87 | +0.037% | $44K | $128K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ZHIPU | +0.1136% | 1h | 106.85 | +0.019% | $113K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.1267% | 4h | 107.08 | +0.234% | $19K | $307K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1295% | 4h | 106.79 | −0.037% | $21.6M | $56.7M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.1430% | 4h | 106.84 | +0.008% | $21K | $152K | 10x | |
| tradeXYZ xyz:ZHIPU | +0.2377% | 1h | 106.81 | −0.019% | $29.1M | $7.4M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2667% | 8h | 107.02 | +0.178% | $406K | $1.4M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.3236% | 1h | 107.29 | +0.431% | $37K | $24K | 5x | as long as short |
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
OKX ZHIPU-USDT-SWAP
KuCoin ZHIPUUSDTM
Lighter ZHIPU
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT