Funding you earn now, next payment 04:00 UTC−0.1970%/8h= −215.7% APRnext payment −$9.85 per $10,000 · paid last 24h −0.281%
Price spread now: HTX against edgeX−0.850%77s7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as 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−$810.809% of the position
Funding, last 7 days−0.675%−$68 on $10k
+Price spread, last 4 days (all we have)+0.970%+$97 · spread now −0.850%, 7d avg −0.131%
=Together, before fees+0.295%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and HTX is 0.719% cheaper against edgeX than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of −0.131%). Swap the legs. The two prices were read 77 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 -0.675% in total (about -35.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.85 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 | 97.055 | 0.2869 | pay 0.1434% / 4h | 35m 55s | $19K | $150K | 10x |
| Short | HTX ZHIPU-USDT | 96.230 | 0.0899 | get 0.0450% / 4h | 35m 55s | $17K | $325K | 20x |
edgeX ZHIPUUSDC
HTX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$413.62
- Price spread: −0.850% → −0.131%
- −$71.9
- Slippage, 4 orders
- −$59.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$566.47
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 21 min ago; HTX: live order book, 21 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, 21 min ago | 12.27 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 21 min ago | 5.62 bp | 12.7 bp −$13 | 35.8 bp −$358 | 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 | 96.240 | −0.840% | $2K | $839K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.020 | −1.066% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.079 | −1.005% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.090 | −0.994% | $566 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0240% | 1h | 96.150 | −0.932% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0285% | 8h | 96.180 | −0.902% | $3.0M | $11.4M | 50x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0462% | 1h | 96.790 | −0.273% | $36K | $20K | 5x | as long as short |
| Lighter ZHIPU | +0.0696% | 1h | 96.170 | −0.912% | $101K | $20K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0712% | 8h | 96.206 | −0.875% | $49K | $51K | 20x | as long as short |
| HTX ZHIPU-USDTshort | +0.0899% | 4h | 96.230 | −0.850% | $17K | $325K | 20x |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
Ondo Perps ZHIPU-USD.P
Lighter ZHIPU
Aster ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.1108% | 1h | 96.098 | −0.986% | $27.0M | $7.1M | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1490% | 4h | 96.120 | −0.963% | $39K | $124K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1504% | 8h | 96.290 | −0.788% | $1.9M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1827% | 8h | 96.340 | −0.737% | $5.6M | $16.2M | 25x | as long as short |
| Binance ZHIPUUSDT | +0.2124% | 4h | 95.939 | −1.150% | $22.4M | $60.2M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.2424% | 8h | 96.190 | −0.891% | $293K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2869% | 4h | 97.055 | long leg | $19K | $150K | 10x |
tradeXYZ xyz:ZHIPU
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Binance ZHIPUUSDT
Bybit ZHIPUUSDT