Funding you earn now, next payment 04:00 UTC−0.1047%/8h= −114.7% APRnext payment −$5.24 per $10,000 · paid last 24h −0.232%
Price spread now: KuCoin against edgeX+0.201%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2582.583% of the position
Funding, last 7 days−0.668%−$67 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.201%, 7d avg −0.082%
=Together, before fees−0.949%+ Points / potential airdropedgeX: Active · farm board−$95 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.284% dearer against edgeX than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of −0.082%): +$28 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.668% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.668% in total (about -34.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.24 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 | 100.22 | 0.2499 | pay 0.1250% / 4h | 1h 21m | $20K | $150K | 10x |
| Short | KuCoin ZHIPUUSDTM | 100.42 | 0.1452 | get 0.0726% / 4h | 1h 21m | $40K | $121K | 20x |
edgeX ZHIPUUSDC
KuCoin ZHIPUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$219.9
- Price spread: +0.201% → −0.082%
- $28.38
- Slippage, 4 orders
- −$237.33
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$449.85
- Costs to cover
- 2.583%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; KuCoin: live order book, 67 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, 40 min ago | 12.88 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 18.91 bp | 77.2 bp −$77 | 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 | 100.70 | +0.481% | $2K | $919K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0091% | 1h | 100.38 | +0.162% | $36K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 99.925 | −0.292% | $28K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 100.40 | +0.181% | $52 | $266 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 100.47 | +0.251% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0460% | 8h | 100.02 | −0.202% | $51K | $53K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0484% | 8h | 100.54 | +0.321% | $3.2M | $10.8M | 50x | as long as short |
| HTX ZHIPU-USDT | +0.1241% | 4h | 100.32 | +0.102% | $18K | $321K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1245% | 8h | 100.39 | +0.171% | $2.0M | $3.7M | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1291% | 1h | 100.39 | +0.171% | $36K | $18K | 5x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDT
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Bitget ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.1415% | 8h | 100.41 | +0.191% | $5.5M | $15.7M | 25x | as long as short |
| KuCoin ZHIPUUSDTMshort | +0.1452% | 4h | 100.42 | +0.201% | $40K | $121K | 20x | |
| Lighter ZHIPU | +0.1504% | 1h | 100.44 | +0.221% | $106K | $20K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2054% | 1h | 100.40 | +0.181% | $28.4M | $6.7M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.2272% | 4h | 100.26 | +0.042% | $23.4M | $57.2M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2499% | 4h | 100.22 | long leg | $20K | $150K | 10x | |
| Bybit ZHIPUUSDT | +0.2997% | 8h | 100.34 | +0.122% | $373K | $1.3M | 25x | as long as short |
OKX ZHIPU-USDT-SWAP
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Bybit ZHIPUUSDT