Funding you earn now, next payment 04:00 UTC−0.0747%/8h= −81.8% APRnext payment −$3.74 per $10,000 · paid last 24h −0.022%
Price spread now: SunX against HTX+0.197%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2702.704% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.197%, 7d avg +0.094%
=The price spread pays, funding is against you. SunX is 0.103% dearer against HTX than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.094%): +$10 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.74 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 | HTX ZHIPU-USDT | 106.41 | 0.0747 | pay 0.0374% / 4h | 3h 04m | $19K | $315K | 20x |
| Short | SunX ZHIPU-USDT | 106.62 | 0 | get 0.0000% / 4h | 3h 04m | $2K | $1.2M | 10x |
HTX ZHIPU-USDT
SunX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against HTX. 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
- −$156.94
- Price spread: +0.197% → +0.094%
- $10.32
- Slippage, 4 orders
- −$250.45
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$417.07
- Costs to cover
- 2.704%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; SunX: live order book, 9 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 HTX live order book, 3 min ago | 3.76 bp | 13.7 bp −$14 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 30.13 bp | 134.6 bp −$135 | doesn't fit | 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 | 105.86 | −0.513% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDTshort | 0.0000% | 4h | 106.62 | +0.197% | $2K | $1.2M | 10x | |
| Gate ZHIPU_USDT | +0.0036% | 8h | 106.57 | +0.150% | $2.9M | $13.2M | 50x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.49 | +0.075% | $38K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0096% | 1h | 106.45 | +0.038% | $113K | $21K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.60 | +0.179% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.46 | +0.046% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0169% | 8h | 106.44 | +0.028% | $55 | $266 | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0222% | 4h | 106.47 | +0.056% | $41K | $128K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0279% | 8h | 106.63 | +0.207% | $5.1M | $18.9M | 25x | as long as short |
Aster ZHIPUUSDT
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
Lighter ZHIPU
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0310% | 8h | 106.48 | +0.066% | $1.8M | $4.6M | 20x | as long as short |
| HTX ZHIPU-USDTlong | +0.0747% | 4h | 106.41 | long leg | $19K | $315K | 20x | |
| Binance ZHIPUUSDT | +0.0892% | 4h | 106.36 | −0.047% | $21.4M | $57.2M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0926% | 1h | 106.52 | +0.103% | $29.2M | $7.9M | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.0960% | 4h | 106.82 | +0.385% | $21K | $151K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1546% | 1h | 106.61 | +0.188% | $37K | $22K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.2252% | 8h | 106.53 | +0.113% | $406K | $1.4M | 25x | as long as short |
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
edgeX ZHIPUUSDC
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT