Funding you earn now, next payment 08:00 UTC+0.0464%/8h= +50.8% APRpaid last 24h −0.044%
Price spread now: OKX against Binance+0.094%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.094%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHONGJIUSDT | 158.84 | 0 | get 0.0000% / 4h | 2h 10m | $4.0M | $11.7M | 20x |
| Short | OKX ZHONGJI-USDT-SWAP | 158.99 | 0.0464 | get 0.0464% / 8h | 2h 10m | $1.6M | $5.1M | 20x |
Binance ZHONGJIUSDT
OKX ZHONGJI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $97.49
- Price spread: +0.094% → +0.093%
- $0.13
- Slippage, 4 orders
- −$45.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $32.3
- Costs to cover
- 0.653%
- Break-even
- 4.7 days
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 2 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, 14 min ago | 1.90 bp | 13.2 bp −$13 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 4.73 bp | 16.0 bp −$16 | 26.3 bp −$263 | 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 ZHONGJIUSDC | −0.0478% | 4h | 158.54 | −0.187% | $64K | $424K | 10x | as long as short |
| Binance ZHONGJIUSDTlong | 0.0000% | 4h | 158.84 | long leg | $4.0M | $11.7M | 20x | |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 158.87 | +0.019% | $79K | $72K | 25x | as long as short |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 159.15 | +0.195% | $241K | $196K | 20x | as long as short |
| Bitget ZHONGJIUSDT | 0.0000% | 8h | 158.91 | +0.044% | $588K | $820K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 158.85 | +0.006% | $31K | $358K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0100% | 4h | 158.65 | −0.120% | $61K | $50K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAPshort | +0.0464% | 8h | 158.99 | +0.094% | $1.6M | $5.1M | 20x |
edgeX ZHONGJIUSDC
Bybit ZHONGJIUSDT
Gate ZHONGJI_USDT
Bitget ZHONGJIUSDT
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM