Funding you earn now, next payment 08:00 UTC+0.0789%/8h= +86.4% APRnext payment +$3.95 per $10,000 · paid last 24h +0.142%
Price spread now: Binance against edgeX−0.254%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days+0.651%+$65 on $10k
+Price spread, last 4 days (all we have)+0.413%+$41 · spread now −0.254%, 7d avg −0.031%
=Together, before fees+1.064%+ Points / potential airdropedgeX: Active · farm board+$106 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.223% cheaper against edgeX than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.031%). If the spread goes back, that is −$22 on $10k: about 23 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.651% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZHONGJIUSDC | 154.74 | −0.0789 | get 0.0395% / 4h | 1h 23m | $62K | $428K | 10x |
| Short | Binance ZHONGJIUSDT | 154.35 | 0 | get 0.0000% / 4h | 1h 23m | $3.7M | $12.4M | 20x |
edgeX ZHONGJIUSDC
Binance ZHONGJIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $165.76
- Price spread: −0.254% → −0.031%
- −$22.27
- Slippage, 4 orders
- −$46.75
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $77.74
- Costs to cover
- 0.657%
- Break-even
- 3.7 days
Slippage from edgeX: live order book, 20 min ago; Binance: 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 edgeX live order book, 20 min ago | 5.76 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.29 bp | 14.9 bp −$15 | 53.9 bp −$539 | 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 ZHONGJIUSDClong | −0.0789% | 4h | 154.74 | long leg | $62K | $428K | 10x | |
| Binance ZHONGJIUSDTshort | 0.0000% | 4h | 154.35 | −0.254% | $3.7M | $12.4M | 20x | |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 154.42 | −0.209% | $77K | $75K | 25x | as long as short |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 154.59 | −0.099% | $237K | $200K | 20x | as long as short |
| Bitget ZHONGJIUSDT | 0.0000% | 8h | 154.30 | −0.286% | $570K | $853K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 154.39 | −0.228% | $30K | $359K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0100% | 4h | 154.39 | −0.228% | $59K | $42K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0308% | 8h | 154.55 | −0.125% | $1.5M | $5.6M | 20x | as long as short |
Bybit ZHONGJIUSDT
Gate ZHONGJI_USDT
Bitget ZHONGJIUSDT
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM
OKX ZHONGJI-USDT-SWAP