Funding you earn now, next payment 23:00 UTC−0.0746%/8h= −81.7% APRpaid last 24h −0.215%
Price spread now: Lighter against edgeX−0.022%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2612.610% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.022%, 7d avg −0.086%
=Together, before fees−0.355%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.064% dearer against edgeX than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.086%): +$6 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.299% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% 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 | 104.95 | 0.0778 | pay 0.0389% / 4h | 1h 45m | $21K | $150K | 10x |
| Short | Lighter ZHIPU | 104.93 | 0.0032 | get 0.0004% / 1h | 45m 05s | $119K | $9K | 10x |
edgeX ZHIPUUSDC
Lighter ZHIPUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$156.68
- Price spread: −0.022% → −0.086%
- $6.39
- Slippage, 4 orders
- −$252.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$411.31
- Costs to cover
- 2.610%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; Lighter: live order book, 28 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, 36 min ago | 10.98 bp | 93.9 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 28 min ago | 16.68 bp | 42.2 bp −$42 | 55.3 bp −$553 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 104.80 | −0.144% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDT | 0.0000% | 4h | 104.87 | −0.080% | $20.8M | $56.9M | 25x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.89 | −0.061% | $2K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 104.84 | −0.108% | $19K | $315K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0026% | 8h | 104.99 | +0.035% | $2.8M | $13.6M | 50x | as long as short |
| Lighter ZHIPUshort | +0.0032% | 1h | 104.93 | −0.022% | $119K | $9K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.89 | −0.061% | $37K | $3K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0085% | 1h | 104.98 | +0.025% | $29.3M | $7.6M | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 104.98 | +0.023% | $23K | $145 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 104.89 | −0.061% | $41K | $134K | 20x | as long as short |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
tradeXYZ xyz:ZHIPU
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ZHIPU-PERP | +0.0104% | 1h | 104.85 | −0.098% | — | — | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0196% | 8h | 105.05 | +0.092% | $4.8M | $18.4M | 25x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0203% | 8h | 104.87 | −0.080% | $76 | $266 | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0283% | 8h | 104.94 | −0.013% | $1.7M | $4.4M | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0430% | 1h | 104.83 | −0.118% | $40K | $19K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.0442% | 8h | 104.98 | +0.025% | $303K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.0778% | 4h | 104.95 | long leg | $21K | $150K | 10x |
Aevo ZHIPU-PERP
OKX ZHIPU-USDT-SWAP
Orderly PERP_ZHIPU_USDC_mythos
Bitget ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT