Funding you earn now, next payment 12:00 UTC−0.1074%/8h= −117.6% APRnext payment −$5.37 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against Gate−0.190%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$353as in the Price arb table
costs, in and out, $10k−$3253.250% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.190%, 7d avg +0.093%
=Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and edgeX is 0.283% cheaper against Gate than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.093%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.348% in total (about -18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.37 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 | Gate ZHONGJI_USDT | 157.83 | 0.0418 | pay 0.0209% / 4h | 1h 47m | $247K | $212K | 20x |
| Short | edgeX ZHONGJIUSDC | 157.53 | −0.0656 | pay 0.0328% / 4h | 1h 47m | $63K | $435K | 10x |
Gate ZHONGJI_USDT
edgeX ZHONGJIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$225.59
- Price spread: −0.190% → +0.093%
- −$28.27
- Slippage, 4 orders
- −$300.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$578.83
- Costs to cover
- 3.250%
- Break-even
- never at this rate
Slippage from Gate: live order book, 60 min ago; edgeX: live order book, 64 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 Gate live order book, 60 min ago | 20.14 bp | 89.2 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 10.90 bp | 83.8 bp −$84 | 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 ZHONGJIUSDCshort | −0.0656% | 4h | 157.53 | −0.190% | $63K | $435K | 10x | |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 157.50 | −0.209% | $91K | $76K | 25x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 157.58 | −0.158% | $30K | $353K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0216% | 4h | 157.67 | −0.101% | $61K | $217K | 20x | as long as short |
| Gate ZHONGJI_USDTlong | +0.0418% | 4h | 157.83 | long leg | $247K | $212K | 20x | |
| OKX ZHONGJI-USDT-SWAP | +0.0490% | 8h | 157.67 | −0.101% | $1.3M | $6.0M | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0516% | 8h | 157.39 | −0.279% | $568K | $834K | 20x | as long as short |
| Binance ZHONGJIUSDT | +0.1355% | 4h | 157.47 | −0.228% | $3.6M | $13.0M | 20x | as long as short |
Bybit ZHONGJIUSDT
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM
OKX ZHONGJI-USDT-SWAP
Bitget ZHONGJIUSDT
Binance ZHONGJIUSDT