Funding you earn now, next payment 08:00 UTC+0.0498%/8h= +54.5% APRnext payment +$4.98 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Gate−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aster is 0.135% cheaper against Gate than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 22 hours of funding at the current rate (+$15 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.98 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 | Gate ZHIPU_USDT | 95.960 | 0.0094 | pay 0.0094% / 8h | 3h 51m | $2.9M | $11.7M | 50x |
| Short | Aster ZHIPUUSDT | 95.830 | 0.0592 | get 0.0592% / 8h | 3h 51m | $49K | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- $104.59
- Price spread: −0.135% → 0.000%
- −$13.53
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $68.06
- Costs to cover
- 0.230%
- Break-even
- 2.4 days
Slippage unknown: Gate: live order book, 2 min ago; Aster: no order-book sample. Net counts fees only.
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 Gate live order book, 2 min ago | 4.17 bp | 16.7 bp −$17 | 52.1 bp −$521 | 87.5 bp −$8,751 | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 95.950 | −0.010% | $1K | $852K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 95.840 | −0.125% | $17K | $333K | 20x | as long as short |
| Lighter ZHIPU | +0.0040% | 1h | 95.940 | −0.021% | $101K | $20K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.840 | −0.125% | $34K | $3K | 10x | as long as short |
| Gate ZHIPU_USDTlong | +0.0094% | 8h | 95.960 | long leg | $2.9M | $11.7M | 50x | |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.962 | +0.002% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.870 | −0.094% | $565 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0176% | 1h | 95.879 | −0.085% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0544% | 1h | 95.930 | −0.031% | $36K | $20K | 5x | as long as short |
| Aster ZHIPUUSDTshort | +0.0592% | 8h | 95.830 | −0.135% | $49K | $51K | 20x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0994% | 4h | 95.930 | −0.031% | $39K | $125K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1192% | 1h | 95.960 | 0.000% | $26.9M | $7.2M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.1257% | 4h | 95.890 | −0.073% | $22.5M | $63.2M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1367% | 8h | 95.960 | 0.000% | $1.9M | $4.0M | 20x | as long as short |
| Bybit ZHIPUUSDT | +0.1562% | 8h | 95.840 | −0.125% | $272K | $1.4M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1792% | 8h | 96.010 | +0.052% | $5.8M | $17.0M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1910% | 4h | 96.010 | +0.052% | $19K | $150K | 10x | as long as short |
Gate ZHIPU_USDT
Aster ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
KuCoin ZHIPUUSDTM
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
Bybit ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
edgeX ZHIPUUSDC