Funding you earn now, next payment 08:00 UTC+0.1047%/8h= +114.6% APRnext payment +$5.24 per $10,000 · paid last 24h +0.256%
Price spread now: edgeX against KuCoin0.000%53s7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$1421.419% of the position
Funding, last 7 days+0.664%+$66 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now 0.000%, 7d avg +0.085%
=Together, before fees+0.641%+ Points / potential airdropedgeX: Active · farm board+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.085%). If the spread goes back, that is −$8 on $10k: about 6 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.664% in total) that is about 21 hours. The two prices were read 53 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 0.664% in total (about 34.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.24 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 | KuCoin ZHIPUUSDTM | 95.220 | 0.1046 | pay 0.0523% / 4h | 48m 29s | $38K | $115K | 20x |
| Short | edgeX ZHIPUUSDC | 95.220 | 0.2093 | get 0.1047% / 4h | 48m 29s | $20K | $154K | 10x |
KuCoin ZHIPUUSDTM
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $219.87
- Price spread: 0.000% → +0.085%
- −$8.46
- Slippage, 4 orders
- −$120.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $69.53
- Costs to cover
- 1.419%
- Break-even
- 4.8 days
Slippage from KuCoin: live order book, 46 min ago; edgeX: live order book, 53 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 KuCoin live order book, 46 min ago | 12.51 bp | 59.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 5.75 bp | 13.1 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 | 95.260 | +0.042% | $1K | $676K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.030 | −0.200% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.099 | −0.127% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.060 | −0.168% | $826 | $798 | 10x | as long as short |
| Lighter ZHIPU | +0.0168% | 1h | 95.290 | +0.074% | $100K | $16K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0210% | 8h | 95.390 | +0.179% | $3.2M | $9.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0232% | 1h | 95.076 | −0.151% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0322% | 1h | 95.260 | +0.042% | $33K | $23K | 5x | as long as short |
| HTX ZHIPU-USDT | +0.0733% | 4h | 94.930 | −0.305% | $20K | $353K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0760% | 1h | 95.274 | +0.057% | $26.9M | $7.4M | 10x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Lighter ZHIPU
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0923% | 8h | 95.434 | +0.225% | $53K | $52K | 20x | as long as short |
| KuCoin ZHIPUUSDTMlong | +0.1046% | 4h | 95.220 | long leg | $38K | $115K | 20x | |
| Binance ZHIPUUSDT | +0.1095% | 4h | 95.320 | +0.105% | $22.4M | $63.0M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1418% | 8h | 95.330 | +0.116% | $355K | $1.4M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1593% | 8h | 95.350 | +0.137% | $1.7M | $4.0M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1955% | 8h | 95.390 | +0.179% | $5.3M | $17.6M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.2093% | 4h | 95.220 | 0.000% | $20K | $154K | 10x |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP