Funding you earn now, next payment 08:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h +0.246%
Price spread now: edgeX against Bybit+0.304%101s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days+0.493%+$49 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.304%, 7d avg +0.039%
=Together, before fees+0.214%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.265% dearer against Bybit than usual: you sell high and buy low (spread +0.304% now, against its 7-day average of +0.039%): +$26 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.493%, so the current rate has only just turned against you. The two prices were read 101 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 | Bybit ZHIPUUSDT | 95.740 | 0.1492 | pay 0.1492% / 8h | 2h 01m | $358K | $1.5M | 25x |
| Short | edgeX ZHIPUUSDC | 96.031 | 0.1051 | get 0.0526% / 4h | 2h 01m | $20K | $154K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$92.6
- Price spread: +0.304% → +0.039%
- $26.48
- Slippage, 4 orders
- −$79.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$165.21
- Costs to cover
- 0.991%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 44 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 Bybit live order book, 4 min ago | 4.68 bp | 28.9 bp −$29 | 157.2 bp −$1,572 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 6.35 bp | 13.3 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 96.050 | +0.324% | $1K | $847K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.850 | +0.115% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.545 | −0.204% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.900 | +0.167% | $833 | $1K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0131% | 8h | 95.820 | +0.084% | $3.2M | $12.6M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0240% | 1h | 95.884 | +0.150% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0456% | 1h | 95.820 | +0.084% | $101K | $20K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0813% | 8h | 95.770 | +0.031% | $53K | $57K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0820% | 4h | 95.840 | +0.104% | $38K | $121K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0927% | 1h | 95.850 | +0.115% | $33K | $25K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.1028% | 4h | 95.960 | +0.230% | $20K | $352K | 20x | as long as short |
| edgeX ZHIPUUSDCshort | +0.1051% | 4h | 96.031 | +0.304% | $20K | $154K | 10x | |
| Binance ZHIPUUSDT | +0.1064% | 4h | 95.710 | −0.031% | $22.7M | $68.9M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1306% | 1h | 95.826 | +0.090% | $27.0M | $8.0M | 10x | as long as short |
| Bybit ZHIPUUSDTlong | +0.1492% | 8h | 95.740 | long leg | $358K | $1.5M | 25x | |
| Bitget ZHIPUUSDT | +0.1528% | 8h | 95.740 | 0.000% | $1.7M | $4.3M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1939% | 8h | 95.780 | +0.042% | $5.5M | $18.5M | 25x | as long as short |
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Lighter ZHIPU
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP