Funding you earn now, next payment 05:00 UTC+0.1097%/8h= +120.1% APRpaid last 24h +0.164%
Price spread now: tradeXYZ against HTX+0.029%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days+0.645%+$65 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.029%, 7d avg +0.124%
=Together, before fees+0.580%+ Points / potential airdroptradeXYZ: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.095% cheaper against HTX than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.124%). If the spread goes back, that is −$10 on $10k: about 7 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.645% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.645% in total (about 33.6% 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 | HTX ZHIPU-USDT | 95.930 | 0 | get 0.0000% / 4h | 3h 40m | $17K | $332K | 20x |
| Short | tradeXYZ xyz:ZHIPU | 95.958 | 0.1097 | get 0.0137% / 1h | 40m 40s | $26.9M | $7.2M | 10x |
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $230.33
- Price spread: +0.029% → +0.124%
- −$9.51
- Slippage, 4 orders
- −$28.23
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $162.59
- Costs to cover
- 0.582%
- Break-even
- 2.1 days
Slippage from HTX: live order book, 12 min ago; tradeXYZ: 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, 12 min ago | 5.74 bp | 12.4 bp −$12 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.56 bp | 13.3 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 95.860 | −0.073% | $2K | $851K | 10x | as long as short |
| HTX ZHIPU-USDTlong | 0.0000% | 4h | 95.930 | long leg | $17K | $332K | 20x | |
| Lighter ZHIPU | +0.0032% | 1h | 95.990 | +0.063% | $101K | $20K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.890 | −0.042% | $34K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0088% | 8h | 96.000 | +0.073% | $2.9M | $11.8M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.970 | +0.041% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.900 | −0.031% | $565 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 95.914 | −0.017% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0560% | 8h | 95.896 | −0.036% | $49K | $51K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0742% | 1h | 95.810 | −0.125% | $36K | $20K | 5x | as long as short |
SunX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0946% | 4h | 95.980 | +0.052% | $39K | $124K | 20x | as long as short |
| tradeXYZ xyz:ZHIPUshort | +0.1097% | 1h | 95.958 | +0.029% | $26.9M | $7.2M | 10x | |
| Binance ZHIPUUSDT | +0.1205% | 4h | 95.950 | +0.021% | $22.5M | $63.3M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1364% | 8h | 96.020 | +0.094% | $1.8M | $4.1M | 20x | as long as short |
| Bybit ZHIPUUSDT | +0.1553% | 8h | 95.940 | +0.010% | $271K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1683% | 4h | 95.958 | +0.030% | $19K | $150K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1779% | 8h | 96.060 | +0.136% | $5.8M | $17.0M | 25x | as long as short |
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC
OKX ZHIPU-USDT-SWAP