Funding you earn now, next payment 08:00 UTC+0.1794%/8h= +196.4% APRnext payment +$8.97 per $10,000 · paid last 24h +0.350%
Price spread now: edgeX against SunX+0.078%74s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as 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−$2802.799% of the position
Funding, last 7 days+0.564%+$56 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.078%, 7d avg +0.033%
=Together, before fees+0.462%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and edgeX is 0.046% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.033%. The two prices were read 74 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 0.564% in total (about 29.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.97 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 | SunX ZHIPU-USDT | 95.230 | 0 | get 0.0000% / 4h | 37m 41s | $1K | $574K | 10x |
| Short | edgeX ZHIPUUSDC | 95.305 | 0.1794 | get 0.0897% / 4h | 37m 41s | $20K | $154K | 10x |
SunX ZHIPU-USDT
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $376.68
- Price spread: +0.078% → +0.033%
- $4.55
- Slippage, 4 orders
- −$262.93
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $101.3
- Costs to cover
- 2.799%
- Break-even
- 5.1 days
Slippage from SunX: live order book, 35 min ago; edgeX: live order book, 64 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, 35 min ago | 31.12 bp | 109.3 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 5.75 bp | 13.1 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDTlong | 0.0000% | 4h | 95.230 | long leg | $1K | $574K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.100 | −0.137% | $34K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0096% | 1h | 95.250 | +0.021% | $100K | $16K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.975 | −0.268% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.110 | −0.126% | $826 | $798 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0210% | 8h | 95.250 | +0.021% | $3.2M | $10.0M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0224% | 1h | 95.145 | −0.089% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0327% | 1h | 95.520 | +0.305% | $33K | $22K | 5x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0649% | 1h | 95.159 | −0.075% | $26.9M | $7.3M | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0667% | 4h | 95.190 | −0.042% | $20K | $350K | 20x | as long as short |
SoDEX ZHIPU-USD
Lighter ZHIPU
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
tradeXYZ xyz:ZHIPU
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0908% | 8h | 95.119 | −0.117% | $53K | $41K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1026% | 4h | 95.080 | −0.158% | $38K | $113K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1074% | 4h | 95.173 | −0.059% | $22.3M | $58.7M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1390% | 8h | 95.290 | +0.063% | $352K | $1.3M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1562% | 8h | 95.270 | +0.042% | $1.7M | $3.9M | 20x | as long as short |
| edgeX ZHIPUUSDCshort | +0.1794% | 4h | 95.305 | +0.078% | $20K | $154K | 10x | |
| OKX ZHIPU-USDT-SWAP | +0.1928% | 8h | 95.330 | +0.105% | $5.3M | $16.3M | 25x | as long as short |
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP