Funding you earn now, next payment 04:00 UTC+0.2444%/8h= +267.6% APRpaid last 24h +0.102%
Price spread now: Bybit against SunX+0.150%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3333.334% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)−0.219%−$22 · spread now +0.150%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and Bybit is 0.148% dearer against SunX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.6% 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 | 106.68 | 0 | get 0.0000% / 4h | 2h 47m | $2K | $1.1M | 10x |
| Short | Bybit ZHIPUUSDT | 106.84 | 0.2444 | get 0.2444% / 8h | 6h 47m | $405K | $1.4M | 25x |
SunX ZHIPU-USDT
Bybit ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $513.23
- Price spread: +0.150% → +0.002%
- $14.8
- Slippage, 4 orders
- −$314.35
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $194.68
- Costs to cover
- 3.334%
- Break-even
- 4.3 days
Slippage from SunX: live order book, 6 min ago; Bybit: live order book, 3 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, 6 min ago | 30.10 bp | 108.4 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.64 bp | 47.8 bp −$48 | 212.5 bp −$2,125 | 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 | 106.10 | −0.547% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDTlong | 0.0000% | 4h | 106.68 | long leg | $2K | $1.1M | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.62 | −0.056% | $38K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.68 | −0.004% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.55 | −0.117% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0152% | 8h | 106.83 | +0.141% | $2.9M | $10.3M | 50x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0186% | 8h | 106.52 | −0.150% | $55 | $266 | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0349% | 8h | 106.87 | +0.178% | $5.1M | $18.5M | 25x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0380% | 4h | 106.62 | −0.056% | $44K | $128K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.0384% | 8h | 106.73 | +0.047% | $2.0M | $4.6M | 20x | as long as short |
Aster ZHIPUUSDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
Orderly PERP_ZHIPU_USDC_mythos
OKX ZHIPU-USDT-SWAP
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ZHIPU | +0.0736% | 1h | 106.73 | +0.047% | $113K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0977% | 4h | 106.48 | −0.187% | $19K | $307K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1115% | 4h | 106.64 | −0.037% | $21.6M | $56.9M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1471% | 4h | 106.24 | −0.409% | $21K | $151K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2038% | 1h | 106.72 | +0.037% | $29.1M | $7.4M | 10x | as long as short |
| Bybit ZHIPUUSDTshort | +0.2444% | 8h | 106.84 | +0.150% | $405K | $1.4M | 25x | |
| Ondo Perps ZHIPU-USD.P | +0.3094% | 1h | 106.92 | +0.225% | $37K | $23K | 5x | as long as short |
Lighter ZHIPU
HTX ZHIPU-USDT
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P