Funding you earn now, next payment 12:00 UTC−0.1420%/8h= −155.5% APRnext payment −$7.10 per $10,000 · paid last 24h −0.143%
Price spread now: HTX against Binance+0.051%7-day average −0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.051%, 7d avg −0.037%
=The price spread pays, funding is against you. HTX is 0.087% dearer against Binance than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.037%): +$9 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.229% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.10 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHONGJIUSDT | 157.68 | 0.1420 | pay 0.0710% / 4h | 1h 45m | $3.6M | $13.0M | 20x |
| Short | HTX ZHONGJI-USDT | 157.76 | 0 | get 0.0000% / 4h | 1h 45m | $30K | $352K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$298.16
- Price spread: +0.051% → −0.037%
- $8.74
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$311.42
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; HTX: live order book, 1 min ago. 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 Binance live order book, 3 min ago | 1.27 bp | 26.7 bp −$27 | 79.5 bp −$795 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 155.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZHONGJI on 8 exchanges
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 ZHONGJIUSDC | −0.0426% | 4h | 157.68 | −0.001% | $63K | $436K | 10x | as long as short |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 157.74 | +0.038% | $92K | $77K | 25x | as long as short |
| HTX ZHONGJI-USDTshort | 0.0000% | 4h | 157.76 | +0.051% | $30K | $352K | 20x | |
| KuCoin ZHONGJIUSDTM | +0.0260% | 4h | 157.38 | −0.190% | $61K | $219K | 20x | as long as short |
| Gate ZHONGJI_USDT | +0.0466% | 4h | 158.01 | +0.209% | $247K | $212K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0524% | 8h | 157.84 | +0.101% | $1.3M | $6.0M | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0553% | 8h | 157.67 | −0.006% | $570K | $836K | 20x | as long as short |
| Binance ZHONGJIUSDTlong | +0.1420% | 4h | 157.68 | long leg | $3.6M | $13.0M | 20x |
Binance ZHONGJIUSDT
HTX ZHONGJI-USDT
edgeX ZHONGJIUSDC
Bybit ZHONGJIUSDT
KuCoin ZHONGJIUSDTM
Gate ZHONGJI_USDT
OKX ZHONGJI-USDT-SWAP
Bitget ZHONGJIUSDT