Funding you earn now, next payment 04:00 UTC−0.1626%/8h= −178.1% APRnext payment −$8.13 per $10,000 · paid last 24h −0.281%
Price spread now: HTX against edgeX+0.511%7-day average −0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.675%−$68 on $10k
+Price spread, last 4 days (all we have)−0.390%−$39 · spread now +0.511%, 7d avg −0.131%
=Together, before fees−1.065%+ Points / potential airdropedgeX: Active · farm board−$107 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.642% dearer against edgeX than usual: you sell high and buy low (spread +0.511% now, against its 7-day average of −0.131%): +$64 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.675% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.675% in total (about -35.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZHIPUUSDC | 96.159 | 0.2474 | pay 0.1237% / 4h | 33m 10s | $19K | $150K | 10x |
| Short | HTX ZHIPU-USDT | 96.650 | 0.0848 | get 0.0424% / 4h | 33m 10s | $17K | $327K | 20x |
edgeX ZHIPUUSDC
HTX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$341.54
- Price spread: +0.511% → −0.131%
- $64.16
- Slippage, 4 orders
- −$59.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$358.32
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 23 min ago; HTX: live order book, 24 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, 23 min ago | 12.27 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 24 min ago | 5.62 bp | 12.7 bp −$13 | 35.8 bp −$358 | 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 | 96.670 | +0.531% | $2K | $842K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.530 | +0.386% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.398 | +0.249% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.550 | +0.407% | $569 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0232% | 1h | 96.634 | +0.493% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0277% | 8h | 96.670 | +0.531% | $3.0M | $11.5M | 50x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0388% | 1h | 95.990 | −0.176% | $36K | $20K | 5x | as long as short |
| Lighter ZHIPU | +0.0624% | 1h | 96.670 | +0.531% | $102K | $20K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0710% | 8h | 96.476 | +0.330% | $50K | $51K | 20x | as long as short |
| HTX ZHIPU-USDTshort | +0.0848% | 4h | 96.650 | +0.511% | $17K | $327K | 20x |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
Ondo Perps ZHIPU-USD.P
Lighter ZHIPU
Aster ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.1034% | 1h | 96.585 | +0.443% | $27.2M | $7.2M | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1458% | 4h | 96.700 | +0.563% | $39K | $124K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1499% | 8h | 96.690 | +0.552% | $1.9M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1835% | 8h | 96.760 | +0.625% | $5.6M | $16.3M | 25x | as long as short |
| Binance ZHIPUUSDT | +0.2070% | 4h | 96.554 | +0.411% | $22.6M | $60.7M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.2345% | 8h | 96.610 | +0.469% | $290K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2474% | 4h | 96.159 | long leg | $19K | $150K | 10x |
tradeXYZ xyz:ZHIPU
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Binance ZHIPUUSDT
Bybit ZHIPUUSDT