Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$7.00 per $10,000 · paid last 24h −0.104%
Price spread now: Aster against Bybit−0.041%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−0.009%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Aster is 0.041% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
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 −$7.00 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 | Bybit ZHIPUUSDT | 96.440 | 0.1579 | pay 0.1579% / 8h | 1h 56m | $360K | $1.5M | 25x |
| Short | Aster ZHIPUUSDT | 96.400 | 0.0879 | get 0.0879% / 8h | 1h 56m | $53K | $58K | 20x |
Bybit ZHIPUUSDT
Aster ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$146.99
- Price spread: −0.041% → 0.000%
- −$4.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$170.14
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 4.15 bp | 41.4 bp −$41 | 151.0 bp −$1,510 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 96.550 | +0.114% | $1K | $847K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.927 | −0.532% | $44K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.350 | −0.093% | $837 | $1K | 10x | as long as short |
| Lighter ZHIPU | +0.0136% | 1h | 96.060 | −0.394% | $101K | $17K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0174% | 8h | 96.440 | 0.000% | $3.2M | $11.6M | 50x | as long as short |
| SoDEX ZHIPU-USD | +0.0199% | 1h | 96.330 | −0.114% | $34K | $3K | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0264% | 1h | 96.363 | −0.080% | — | — | 10x | as long as short |
| Aster ZHIPUUSDTshort | +0.0879% | 8h | 96.400 | −0.041% | $53K | $58K | 20x | |
| KuCoin ZHIPUUSDTM | +0.0952% | 4h | 96.390 | −0.052% | $38K | $121K | 20x | as long as short |
| HTX ZHIPU-USDT | +0.1159% | 4h | 96.370 | −0.073% | $20K | $352K | 20x | as long as short |
SunX ZHIPU-USDT
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Lighter ZHIPU
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
Aevo ZHIPU-PERP
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZHIPUUSDT | +0.1167% | 4h | 96.370 | −0.073% | $22.8M | $69.0M | 25x | as long as short |
| Bybit ZHIPUUSDTlong | +0.1579% | 8h | 96.440 | long leg | $360K | $1.5M | 25x | |
| Bitget ZHIPUUSDT | +0.1590% | 8h | 96.440 | 0.000% | $1.7M | $4.4M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.1806% | 4h | 96.144 | −0.307% | $20K | $153K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1807% | 1h | 96.370 | −0.073% | $33K | $25K | 5x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1998% | 8h | 96.470 | +0.031% | $5.5M | $18.7M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2081% | 1h | 96.377 | −0.065% | $27.2M | $8.0M | 10x | as long as short |
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC
Ondo Perps ZHIPU-USD.P
OKX ZHIPU-USDT-SWAP
tradeXYZ xyz:ZHIPU