Funding you earn now, next payment 12:00 UTC−0.0656%/8h= −71.9% APRpaid last 24h 0.000%
Price spread now: edgeX against Bybit−0.158%91s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.390%−$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and edgeX is 0.158% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.390% in total (about -20.3% a year). A funding rate is set anew for every payment. 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 | Bybit ZHONGJIUSDT | 157.78 | 0 | get 0.0000% / 8h | 5h 45m | $92K | $77K | 25x |
| Short | edgeX ZHONGJIUSDC | 157.53 | −0.0656 | pay 0.0328% / 4h | 1h 45m | $63K | $435K | 10x |
Bybit ZHONGJIUSDT
edgeX ZHONGJIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$137.81
- Price spread: −0.158% → 0.000%
- −$15.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$173.65
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 65 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 Bybit no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 65 min ago | 10.90 bp | 83.8 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
Bybit: 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.
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 ZHONGJIUSDCshort | −0.0656% | 4h | 157.53 | −0.158% | $63K | $435K | 10x | |
| Bybit ZHONGJIUSDTlong | 0.0000% | 8h | 157.78 | long leg | $92K | $77K | 25x | |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 157.82 | +0.025% | $30K | $352K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0236% | 4h | 157.75 | −0.019% | $61K | $219K | 20x | as long as short |
| Gate ZHONGJI_USDT | +0.0446% | 4h | 158.01 | +0.146% | $247K | $212K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0517% | 8h | 157.93 | +0.095% | $1.3M | $6.1M | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0533% | 8h | 157.76 | −0.013% | $569K | $837K | 20x | as long as short |
| Binance ZHONGJIUSDT | +0.1400% | 4h | 157.68 | −0.063% | $3.6M | $13.0M | 20x | as long as short |
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM
Gate ZHONGJI_USDT
OKX ZHONGJI-USDT-SWAP
Bitget ZHONGJIUSDT
Binance ZHONGJIUSDT