Funding you earn now, next payment 02:00 UTC−0.0979%/8h= −107.2% APRpaid last 24h −0.190%
Price spread now: HTX against tradeXYZ−0.010%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$570.575% of the position
Funding, last 7 days−0.599%−$60 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.010%, 7d avg −0.137%
=Together, before fees−0.619%+ Points / potential airdroptradeXYZ: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.127% dearer against tradeXYZ than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.137%): +$13 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.599% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.599% in total (about -31.2% 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 | tradeXYZ xyz:ZHIPU | 102.23 | 0.1597 | pay 0.0200% / 1h | 14m 08s | $28.1M | $6.1M | 10x |
| Short | HTX ZHIPU-USDT | 102.22 | 0.0618 | get 0.0309% / 4h | 2h 14m | $18K | $307K | 20x |
tradeXYZ xyz:ZHIPU
HTX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- −$205.68
- Price spread: −0.010% → −0.137%
- $12.75
- Slippage, 4 orders
- −$27.48
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$250.41
- Costs to cover
- 0.575%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; HTX: live order book, 53 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 tradeXYZ live order book, 5 min ago | 4.41 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 53 min ago | 3.76 bp | 13.9 bp −$14 | 38.2 bp −$382 | 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 | 101.99 | −0.235% | $52K | $52K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 102.36 | +0.127% | $2K | $1.0M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 102.02 | −0.205% | $36K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 101.67 | −0.544% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 102.03 | −0.195% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0113% | 8h | 101.97 | −0.254% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0228% | 8h | 102.36 | +0.127% | $3.0M | $11.7M | 50x | as long as short |
| Lighter ZHIPU | +0.0528% | 1h | 101.96 | −0.264% | $108K | $20K | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0531% | 8h | 102.37 | +0.137% | $2.0M | $3.8M | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0574% | 4h | 102.03 | −0.196% | $41K | $124K | 20x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Lighter ZHIPU
Bitget ZHIPUUSDT
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.0591% | 8h | 102.50 | +0.264% | $5.2M | $16.4M | 25x | as long as short |
| HTX ZHIPU-USDTshort | +0.0618% | 4h | 102.22 | −0.010% | $18K | $307K | 20x | |
| Binance ZHIPUUSDT | +0.1407% | 4h | 102.29 | +0.059% | $21.6M | $55.3M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1545% | 1h | 102.42 | +0.186% | $37K | $20K | 5x | as long as short |
| tradeXYZ xyz:ZHIPUlong | +0.1597% | 1h | 102.23 | long leg | $28.1M | $6.1M | 10x | |
| Bybit ZHIPUUSDT | +0.2099% | 8h | 102.37 | +0.137% | $385K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2237% | 4h | 101.78 | −0.439% | $20K | $154K | 10x | as long as short |
OKX ZHIPU-USDT-SWAP
Binance ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC