Funding you earn now, next payment 00:00 UTC+0.0213%/8h= +23.3% APRpaid last 24h +0.023%
Price spread now: Bitget against SunX−0.019%50s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as 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−$2762.756% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now −0.019%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 50 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 -0.018% in total (about -0.9% 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 | SunX ZHIPU-USDT | 104.98 | 0 | get 0.0000% / 4h | 1h 26m | $2K | $1.2M | 10x |
| Short | Bitget ZHIPUUSDT | 104.96 | 0.0213 | get 0.0213% / 8h | 1h 26m | $1.7M | $4.4M | 20x |
SunX ZHIPU-USDT
Bitget ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $44.73
- Price spread: −0.019% → −0.030%
- $1.12
- Slippage, 4 orders
- −$255.6
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$229.75
- Costs to cover
- 2.756%
- Break-even
- 43.0 days
Slippage from SunX: live order book, 7 min ago; Bitget: live order book, 2 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 SunX live order book, 7 min ago | 29.97 bp | 108.9 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.38 bp | 15.1 bp −$15 | 59.9 bp −$599 | 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 | 104.86 | −0.111% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDT | 0.0000% | 4h | 104.91 | −0.067% | $20.8M | $57.0M | 25x | as long as short |
| SunX ZHIPU-USDTlong | 0.0000% | 4h | 104.98 | long leg | $2K | $1.2M | 10x | |
| HTX ZHIPU-USDT | 0.0000% | 4h | 104.87 | −0.105% | $19K | $315K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0002% | 8h | 105.02 | +0.038% | $2.8M | $13.6M | 50x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 104.98 | 0.000% | $119K | $9K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.92 | −0.057% | $37K | $3K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0075% | 1h | 105.00 | +0.019% | $29.3M | $7.6M | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.01 | +0.032% | $23K | $145 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 104.93 | −0.048% | $41K | $134K | 20x | as long as short |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
HTX ZHIPU-USDT
Gate ZHIPU_USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
tradeXYZ xyz:ZHIPU
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ZHIPU-PERP | +0.0104% | 1h | 104.91 | −0.066% | — | — | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0128% | 8h | 105.06 | +0.076% | $4.8M | $18.4M | 25x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0204% | 8h | 104.89 | −0.086% | $76 | $266 | 10x | as long as short |
| Bitget ZHIPUUSDTshort | +0.0213% | 8h | 104.96 | −0.019% | $1.7M | $4.4M | 20x | |
| Ondo Perps ZHIPU-USD.P | +0.0354% | 1h | 104.91 | −0.067% | $36K | $22K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.0361% | 8h | 105.03 | +0.048% | $303K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.0906% | 4h | 104.99 | +0.014% | $21K | $149K | 10x | as long as short |
Aevo ZHIPU-PERP
OKX ZHIPU-USDT-SWAP
Orderly PERP_ZHIPU_USDC_mythos
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC