Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG65.130+0.2152pay 0.1076% / 4h23m 19s$1.2M$130K20xLong MEXC
SHORT65.076+0.4210get 0.0526% / 1h23m 19s$9.6M$359K10xShort tradeXYZ
Price gap−0.083%
Funding gap+0.2058% /8h

Funding trade: +$62 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$32+0.2058% /8h now · paid +0.318% over the last 7D
Price+$1spread −0.083% now, avg −0.088% → +0.005% if it goes back
Costs−$190.190% of $10k · taker + slippage, in and out
Result+$13+0.13%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.318% in total, about +0.0152%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.083%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ZHIPU on 21 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books4.3 / 5.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $1,000
    MEXC 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$61.73Long MEXC: 6 payments, −$64.56; short tradeXYZ: 24 payments, +$126.29.
  • Note: Gap at its usual level−0.083% vs −0.088%
    The price leg adds little either way.
  • Watch: Long leg is thinner$1.2M vs $9.6M OI
    MEXC sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCMEXC Yes · tradeXYZ No
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0152%/8h × 21 periods+$31.82
Price spread−0.083% → −0.088% (7d avg)+$0.51
Slippage, 4 orderslive order books−$13.16
Fee MEXC bp × 2 orders−$4.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k+$13.36
Costs to cover0.190%Break-even4.1 days
Slippage: MEXC: live order book, 2 min ago; tradeXYZ: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC1.534.3 bp−$48.4 bp−$8497.3 bp−$9,733doesn’t fit
SELL · SHORTtradeXYZ2.305.5 bp−$538.4 bp−$384doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ZHIPU news

posts that mention ZHIPU, from every exchangeSearch all news →
09-23 02:03SoDEXListing📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗