Funding you earn now, next payment 04:00 UTC−0.0393%/8h= −43.0% APRnext payment −$1.96 per $10,000 · paid last 24h −0.048%
Price spread now: edgeX against Binance+0.383%60s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as 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−$760.763% of the position
Funding, last 7 days−0.651%−$65 on $10k
+Price spread, last 4 days (all we have)−0.560%−$56 · spread now +0.383%, 7d avg +0.037%
=Together, before fees−1.211%+ Points / potential airdropedgeX: Active · farm board−$121 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.346% dearer against Binance than usual: you sell high and buy low (spread +0.383% now, against its 7-day average of +0.037%): +$35 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.9 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHONGJIUSDT | 161.69 | 0 | get 0.0000% / 4h | 1h 28m | $4.2M | $10.5M | 20x |
| Short | edgeX ZHONGJIUSDC | 162.31 | −0.0393 | pay 0.0196% / 4h | 1h 28m | $65K | $373K | 10x |
Binance ZHONGJIUSDT
edgeX ZHONGJIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$82.43
- Price spread: +0.383% → +0.037%
- $34.58
- Slippage, 4 orders
- −$57.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$124.19
- Costs to cover
- 0.763%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 35 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 Binance live order book, 11 min ago | 2.46 bp | 14.1 bp −$14 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 7.98 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
ZHONGJI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ZHONGJIUSDCshort | −0.0393% | 4h | 162.31 | +0.383% | $65K | $373K | 10x | |
| Binance ZHONGJIUSDTlong | 0.0000% | 4h | 161.69 | long leg | $4.2M | $10.5M | 20x | |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 161.65 | −0.025% | $78K | $59K | 25x | as long as short |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 161.85 | +0.099% | $257K | $168K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 161.73 | +0.025% | $31K | $361K | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0001% | 8h | 161.48 | −0.130% | $607K | $792K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0100% | 4h | 161.69 | 0.000% | $62K | $89K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0613% | 8h | 161.90 | +0.130% | $1.8M | $4.5M | 20x | as long as short |
Bybit ZHONGJIUSDT
Gate ZHONGJI_USDT
HTX ZHONGJI-USDT
Bitget ZHONGJIUSDT
KuCoin ZHONGJIUSDTM
OKX ZHONGJI-USDT-SWAP