Funding you earn now, next payment 04:00 UTC−0.1200%/8h= −131.4% APRpaid last 24h −0.306%
Price spread now: Gate against edgeX−0.073%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2162.156% of the position
Funding, last 7 days−0.475%−$48 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.073%, 7d avg −0.027%
=Together, before fees−0.482%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and Gate is 0.045% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.475% in total (about -24.8% 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 | edgeX ZHIPUUSDC | 105.63 | 0.1200 | pay 0.0600% / 4h | 3h 53m | $21K | $150K | 10x |
| Short | Gate ZHIPU_USDT | 105.55 | 0 | get 0.0000% / 8h | 7h 53m | $2.9M | $13.0M | 50x |
edgeX ZHIPUUSDC
Gate ZHIPU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$251.95
- Price spread: −0.073% → −0.027%
- −$4.54
- Slippage, 4 orders
- −$191.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$472.12
- Costs to cover
- 2.156%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; Gate: live order book, 5 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, 18 min ago | 11.34 bp | 92.3 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.68 bp | 16.5 bp −$16 | 53.3 bp −$533 | 88.6 bp −$8,856 | 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 | 105.52 | −0.100% | $54K | $51K | 20x | as long as short |
| Bybit ZHIPUUSDT | 0.0000% | 8h | 105.63 | +0.003% | $300K | $1.3M | 25x | as long as short |
| Gate ZHIPU_USDTshort | 0.0000% | 8h | 105.55 | −0.073% | $2.9M | $13.0M | 50x | |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.69 | +0.060% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.55 | −0.073% | $19K | $314K | 20x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.60 | −0.025% | $38K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0088% | 1h | 105.65 | +0.022% | $112K | $19K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.62 | −0.011% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.59 | −0.035% | $41K | $130K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.71 | +0.082% | — | — | 10x | as long as short |
Aster ZHIPUUSDT
Bybit ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
SoDEX ZHIPU-USD
Lighter ZHIPU
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZHIPU_USDC_mythos | +0.0151% | 8h | 105.56 | −0.063% | $54 | $266 | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0170% | 8h | 105.68 | +0.050% | $5.0M | $18.6M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.0262% | 8h | 105.61 | −0.016% | $1.7M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0457% | 1h | 105.60 | −0.025% | $29.0M | $7.8M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.0601% | 4h | 105.52 | −0.101% | $21.1M | $57.0M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0998% | 1h | 105.63 | +0.003% | $37K | $22K | 5x | as long as short |
| edgeX ZHIPUUSDClong | +0.1200% | 4h | 105.63 | long leg | $21K | $150K | 10x |
Orderly PERP_ZHIPU_USDC_mythos
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Ondo Perps ZHIPU-USD.P