Funding you earn now, next payment 03:00 UTC−0.0488%/8h= −53.5% APRpaid last 24h +0.045%
Price spread now: tradeXYZ against Binance−0.132%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.534%+$53 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.132%, 7d avg +0.106%
=Together, before fees+0.694%+ Points / potential airdroptradeXYZ: Active · farm board+$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and tradeXYZ is 0.238% cheaper against Binance than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.534%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHIPUUSDT | 98.300 | 0.2228 | pay 0.1114% / 4h | 1h 00m | $22.7M | $58.7M | 25x |
| Short | tradeXYZ xyz:ZHIPU | 98.170 | 0.1739 | get 0.0217% / 1h | 0m 12s | $27.5M | $6.8M | 10x |
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$102.58
- Price spread: −0.132% → +0.106%
- −$23.83
- Slippage, 4 orders
- −$18.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$173.15
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; tradeXYZ: live order book, 9 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, 12 min ago | 0.50 bp | 10.3 bp −$10 | 31.6 bp −$316 | 162.8 bp −$16.3K | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 2.43 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ZHIPU on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 98.520 | +0.224% | $1K | $864K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 98.250 | −0.051% | $35K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 98.020 | −0.285% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 98.230 | −0.071% | $579 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0152% | 1h | 98.273 | −0.028% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0424% | 8h | 98.370 | +0.071% | $3.1M | $11.4M | 50x | as long as short |
| Aster ZHIPUUSDT | +0.0593% | 8h | 98.329 | +0.029% | $51K | $52K | 20x | as long as short |
| HTX ZHIPU-USDT | +0.1102% | 4h | 98.220 | −0.081% | $18K | $324K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1102% | 1h | 98.230 | −0.071% | $37K | $21K | 5x | as long as short |
| Lighter ZHIPU | +0.1336% | 1h | 98.320 | +0.020% | $104K | $20K | 10x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
Aster ZHIPUUSDT
HTX ZHIPU-USDT
Ondo Perps ZHIPU-USD.P
Lighter ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.1381% | 8h | 98.450 | +0.153% | $1.9M | $3.8M | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1538% | 4h | 98.120 | −0.183% | $39K | $123K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1615% | 8h | 98.450 | +0.153% | $5.5M | $15.8M | 25x | as long as short |
| tradeXYZ xyz:ZHIPUshort | +0.1739% | 1h | 98.170 | −0.132% | $27.5M | $6.8M | 10x | |
| Binance ZHIPUUSDTlong | +0.2228% | 4h | 98.300 | long leg | $22.7M | $58.7M | 25x | |
| Bybit ZHIPUUSDT | +0.2772% | 8h | 98.410 | +0.112% | $367K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2984% | 4h | 98.953 | +0.664% | $19K | $150K | 10x | as long as short |
Bitget ZHIPUUSDT
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC