Funding you earn now, next payment 00:00 UTC+0.0826%/8h= +90.5% APRpaid last 24h +0.230%
Price spread now: edgeX against OKX−0.141%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2052.048% of the position
Funding, last 7 days+0.428%+$43 on $10k
+Price spread, last 3 days (all we have)+0.204%+$20 · spread now −0.141%, 7d avg +0.042%
=Together, before fees+0.632%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.184% cheaper against OKX than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of +0.042%). If the spread goes back, that is −$18 on $10k: about 18 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.428% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.428% in total (about 22.3% 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 | OKX ZHIPU-USDT-SWAP | 105.38 | 0.0043 | pay 0.0043% / 8h | 40m 57s | $5.0M | $18.6M | 25x |
| Short | edgeX ZHIPUUSDC | 105.23 | 0.0869 | get 0.0435% / 4h | 40m 57s | $21K | $151K | 10x |
OKX ZHIPU-USDT-SWAP
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $173.56
- Price spread: −0.141% → +0.042%
- −$18.37
- Slippage, 4 orders
- −$185.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$49.61
- Costs to cover
- 2.048%
- Break-even
- 9.0 days
Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 35 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 OKX live order book, 2 min ago | 0.47 bp | 10.5 bp −$11 | 60.2 bp −$602 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 11.93 bp | 90.3 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 105.03 | −0.329% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDT | 0.0000% | 4h | 105.19 | −0.180% | $20.9M | $57.2M | 25x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 105.33 | −0.047% | $2.9M | $13.3M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.29 | −0.085% | $2K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.17 | −0.199% | $19K | $316K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAPlong | +0.0043% | 8h | 105.38 | long leg | $5.0M | $18.6M | 25x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.17 | −0.199% | $37K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.27 | −0.101% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.21 | −0.161% | $41K | $130K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.17 | −0.199% | — | — | 10x | as long as short |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0130% | 8h | 105.25 | −0.123% | $1.7M | $4.4M | 20x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0204% | 8h | 105.17 | −0.199% | $76 | $266 | 10x | as long as short |
| Lighter ZHIPU | +0.0280% | 1h | 105.30 | −0.076% | $120K | $9K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.0348% | 8h | 105.31 | −0.066% | $306K | $1.3M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0819% | 1h | 105.26 | −0.114% | $29.1M | $7.8M | 10x | as long as short |
| edgeX ZHIPUUSDCshort | +0.0869% | 4h | 105.23 | −0.141% | $21K | $151K | 10x | |
| Ondo Perps ZHIPU-USD.P | +0.1100% | 1h | 105.16 | −0.209% | $37K | $22K | 5x | as long as short |
Bitget ZHIPUUSDT
Orderly PERP_ZHIPU_USDC_mythos
Lighter ZHIPU
Bybit ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P