Funding you earn now, next payment 03:00 UTC−0.1967%/8h= −215.4% APRnext payment −$2.46 per $10,000 · paid last 24h −0.191%
Price spread now: SoDEX against tradeXYZ+0.119%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SoDEX is 0.119% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ZHIPU | 100.52 | 0.2077 | pay 0.0260% / 1h | 23m 04s | $28.4M | $6.7M | 10x |
| Short | SoDEX ZHIPU-USD | 100.64 | 0.0110 | get 0.0014% / 1h | 23m 04s | $36K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$413.08
- Price spread: +0.119% → 0.000%
- $11.94
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$427.14
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.
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 | 6.49 bp | 16.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDT | 0.0000% | 4h | 100.95 | +0.428% | $2K | $922K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 100.15 | −0.370% | $28K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 100.58 | +0.060% | $52 | $266 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 100.67 | +0.149% | — | — | 10x | as long as short |
| SoDEX ZHIPU-USDshort | +0.0110% | 1h | 100.64 | +0.119% | $36K | $3K | 10x | |
| Aster ZHIPUUSDT | +0.0447% | 8h | 100.17 | −0.351% | $51K | $53K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0478% | 8h | 100.68 | +0.159% | $3.3M | $10.8M | 50x | as long as short |
| Bitget ZHIPUUSDT | +0.1227% | 8h | 100.56 | +0.040% | $2.0M | $3.7M | 20x | as long as short |
| HTX ZHIPU-USDT | +0.1249% | 4h | 100.63 | +0.109% | $18K | $321K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1315% | 1h | 100.39 | −0.129% | $36K | $18K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.1405% | 8h | 100.66 | +0.139% | $5.5M | $15.7M | 25x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1424% | 4h | 100.42 | −0.099% | $40K | $121K | 20x | as long as short |
| Lighter ZHIPU | +0.1504% | 1h | 100.42 | −0.099% | $106K | $20K | 10x | as long as short |
| tradeXYZ xyz:ZHIPUlong | +0.2077% | 1h | 100.52 | long leg | $28.4M | $6.7M | 10x | |
| Binance ZHIPUUSDT | +0.2259% | 4h | 100.55 | +0.030% | $23.5M | $57.2M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2499% | 4h | 100.22 | −0.300% | $20K | $150K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2989% | 8h | 100.82 | +0.298% | $373K | $1.3M | 25x | as long as short |
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
SunX ZHIPU-USDT
Aster ZHIPUUSDT
Gate ZHIPU_USDT
Bitget ZHIPUUSDT
HTX ZHIPU-USDT
OKX ZHIPU-USDT-SWAP
KuCoin ZHIPUUSDTM
Lighter ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT