Funding you earn now, next payment 16:00 UTC−0.1004%/8h= −109.9% APRnext payment −$10.04 per $10,000 · paid last 24h −0.116%
Price spread now: Aster against OKX+0.163%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.163% dearer against OKX than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.036% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.04 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 | OKX ZHIPU-USDT-SWAP | 94.120 | 0.1650 | pay 0.1650% / 8h | 7h 25m | $5.1M | $15.0M | 25x |
| Short | Aster ZHIPUUSDT | 94.273 | 0.0646 | get 0.0646% / 8h | 7h 25m | $53K | $33K | 20x |
OKX ZHIPU-USDT-SWAP
Aster ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$210.77
- Price spread: +0.163% → 0.000%
- $16.28
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$212.49
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Aster: no order-book sample. Net counts fees only.
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 OKX live order book, 3 min ago | 1.60 bp | 14.4 bp −$14 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZHIPUUSDT | −0.0271% | 8h | 94.090 | −0.032% | $350K | $1.2M | 25x | as long as short |
| HTX ZHIPU-USDT | −0.0152% | 4h | 93.970 | −0.159% | $15K | $347K | 20x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.050 | −0.074% | $3.3M | $10.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 94.080 | −0.042% | $1K | $396K | 10x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 94.010 | −0.117% | $99K | $16K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0050% | 1h | 93.960 | −0.170% | $26.4M | $6.9M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.040 | −0.085% | $33K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 93.997 | −0.131% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.030 | −0.096% | $817 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0144% | 1h | 94.018 | −0.109% | — | — | 10x | as long as short |
Bybit ZHIPUUSDT
HTX ZHIPU-USDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZHIPU-USD.P | +0.0190% | 1h | 93.890 | −0.244% | $31K | $19K | 5x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0572% | 4h | 93.970 | −0.159% | $38K | $174K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.0578% | 4h | 94.040 | −0.085% | $21.9M | $55.3M | 25x | as long as short |
| Aster ZHIPUUSDTshort | +0.0646% | 8h | 94.273 | +0.163% | $53K | $33K | 20x | |
| Bitget ZHIPUUSDT | +0.1187% | 8h | 94.120 | 0.000% | $1.6M | $3.9M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.1513% | 4h | 93.858 | −0.278% | $20K | $151K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAPlong | +0.1650% | 8h | 94.120 | long leg | $5.1M | $15.0M | 25x |
Ondo Perps ZHIPU-USD.P
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC