Settings8H · net · $10k
Funding arb · Price arb /

ZHONGJI

RWAall ZHONGJI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0921%/8h= +100.8% APRpaid last 24h +0.098%
Price spread now: OKX against edgeX−0.107%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs+$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.022%+$102 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.107%, 7d avg +0.052%
Together, before fees+1.130%+ Points / potential airdropedgeX: Active · farm board+$113 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.159% cheaper against edgeX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.052%). If the spread goes back, that is −$16 on $10k: about 14 hours of funding at the current rate (+$28 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZHONGJIUSDC160.81−0.0322get 0.0161% / 4h2h 44m$64K$414K10x
ShortOKX ZHONGJI-USDT-SWAP160.640.0599get 0.0599% / 8h2h 44m$1.7M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$193.37
Price spread: −0.107% → +0.052%
−$15.86
Slippage, 4 orders
−$35.9
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
$122.6
Costs to cover
0.549%
Break-even
2.6 days
Slippage from edgeX: live order book, 4 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 4 min ago4.35 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.11 bp15.2 bp −$1524.0 bp −$240doesn't fitdoesn't fit

ZHONGJI on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ZHONGJIUSDClong−0.0322%4h160.81long leg$64K$414K10x
Binance ZHONGJIUSDT0.0000%4h160.87+0.038%$4.0M$11.2M20xas long as short
Bybit ZHONGJIUSDT0.0000%8h160.95+0.086%$82K$70K25xas long as short
Gate ZHONGJI_USDT0.0000%4h161.06+0.154%$247K$187K20xas long as short
Bitget ZHONGJIUSDT0.0000%8h160.85+0.024%$596K$817K20xas long as short
HTX ZHONGJI-USDT0.0000%4h160.58−0.144%$31K$360K20xas long as short
KuCoin ZHONGJIUSDTM+0.0100%4h160.80−0.008%$62K$60K20xas long as short
OKX ZHONGJI-USDT-SWAPshort+0.0599%8h160.64−0.107%$1.7M$4.9M20x