Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.138%
Price spread now: SunX against KuCoin+0.084%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$462as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4694.686% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now +0.084%, 7d avg +0.056%
=The price spread pays, funding is against you. SunX is 0.028% dearer against KuCoin than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.056%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZHIPUUSDTM | 94.680 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $39K | $248K | 20x |
| Short | SunX ZHIPU-USDT | 94.760 | 0 | get 0.0000% / 4h | 2h 09m | $1K | $395K | 10x |
KuCoin ZHIPUUSDTM
SunX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21
- Price spread: +0.084% → +0.056%
- $2.83
- Slippage, 4 orders
- −$448.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$486.75
- Costs to cover
- 4.686%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; SunX: live order book, 34 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, 32 min ago | 17.40 bp | 109.9 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 34 min ago | 30.58 bp | 136.9 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
ZHIPU on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.740 | +0.063% | $3.3M | $10.2M | 50x | as long as short |
| SunX ZHIPU-USDTshort | 0.0000% | 4h | 94.760 | +0.084% | $1K | $395K | 10x | |
| HTX ZHIPU-USDT | 0.0000% | 4h | 94.700 | +0.021% | $15K | $346K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 94.540 | −0.148% | $100K | $16K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.660 | −0.021% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.691 | +0.011% | $43K | $12K | 3x | as long as short |
| KuCoin ZHIPUUSDTMlong | +0.0100% | 4h | 94.680 | long leg | $39K | $248K | 20x | |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.680 | 0.000% | $823 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 94.664 | −0.017% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0244% | 8h | 94.672 | −0.009% | $54K | $33K | 20x | as long as short |
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZHIPUUSDT | +0.0435% | 4h | 94.657 | −0.024% | $21.9M | $55.8M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0470% | 1h | 94.646 | −0.036% | $26.6M | $6.9M | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.0518% | 4h | 94.672 | −0.008% | $20K | $152K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.0572% | 8h | 94.750 | +0.074% | $354K | $1.2M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0685% | 1h | 94.710 | +0.032% | $32K | $19K | 5x | as long as short |
| Bitget ZHIPUUSDT | +0.0887% | 8h | 94.730 | +0.053% | $1.6M | $4.0M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1297% | 8h | 94.730 | +0.053% | $5.1M | $15.2M | 25x | as long as short |
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP