Funding you earn now, next payment 00:00 UTC−0.0940%/8h= −102.9% APRnext payment −$4.70 per $10,000 · paid last 24h −0.115%
Price spread now: Binance against edgeX−0.067%70s7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as 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−$2092.087% of the position
Funding, last 7 days−0.548%−$55 on $10k
+Price spread, last 2 days (all we have)−0.117%−$12 · spread now −0.067%, 7d avg −0.136%
=Together, before fees−0.665%+ Points / potential airdropedgeX: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.069% dearer against edgeX than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.136%): +$7 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.548% in total) that is about 21 hours. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.548% in total (about -28.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.70 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 | edgeX ZHIPUUSDC | 104.95 | 0.0940 | pay 0.0470% / 4h | 1h 06m | $21K | $149K | 10x |
| Short | Binance ZHIPUUSDT | 104.88 | 0 | get 0.0000% / 4h | 1h 06m | $20.8M | $57.0M | 25x |
edgeX ZHIPUUSDC
Binance ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$197.3
- Price spread: −0.067% → −0.136%
- $6.9
- Slippage, 4 orders
- −$189.7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$399.11
- Costs to cover
- 2.087%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; Binance: live order book, 6 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 edgeX live order book, 10 min ago | 11.93 bp | 95.2 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.43 bp | 11.7 bp −$12 | 30.7 bp −$307 | 202.4 bp −$20.2K | 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 | 104.80 | −0.144% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDTshort | 0.0000% | 4h | 104.88 | −0.067% | $20.8M | $57.0M | 25x | |
| Gate ZHIPU_USDT | 0.0000% | 8h | 104.99 | +0.041% | $2.9M | $13.7M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.97 | +0.022% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 104.80 | −0.140% | $19K | $315K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 104.96 | +0.012% | $119K | $9K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0050% | 1h | 104.96 | +0.012% | $29.2M | $7.7M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.94 | −0.007% | $37K | $3K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0053% | 8h | 105.07 | +0.117% | $4.9M | $18.5M | 25x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 104.97 | +0.026% | $23K | $145 | 3x | as long as short |
Aster ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
OKX ZHIPU-USDT-SWAP
Nado ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 104.89 | −0.055% | $41K | $133K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 104.84 | −0.098% | — | — | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0122% | 8h | 104.93 | −0.016% | $1.7M | $4.4M | 20x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0204% | 8h | 104.86 | −0.083% | $76 | $266 | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0222% | 1h | 104.83 | −0.112% | $36K | $22K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.0281% | 8h | 104.92 | −0.026% | $303K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.0940% | 4h | 104.95 | long leg | $21K | $149K | 10x |
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERP
Bitget ZHIPUUSDT
Orderly PERP_ZHIPU_USDC_mythos
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT