Funding you earn now, next payment 04:00 UTC−0.2243%/8h= −245.6% APRpaid last 24h −0.267%
Price spread now: Orderly against edgeX−0.041%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Orderly is 0.041% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZHIPUUSDC | 95.949 | 0.2343 | pay 0.1171% / 4h | 7m 47s | $19K | $150K | 10x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 95.910 | 0.0100 | get 0.0100% / 8h | 4h 07m | $565 | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$470.94
- Price spread: −0.041% → 0.000%
- −$4.07
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$490.01
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 49 min ago; Orderly: no order-book sample. Net counts fees only.
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, 49 min ago | 12.27 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 95.820 | −0.135% | $2K | $849K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.980 | +0.032% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.987 | +0.040% | $27K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0100% | 8h | 95.910 | −0.041% | $565 | $798 | 10x | |
| Ondo Perps ZHIPU-USD.P | +0.0106% | 1h | 95.670 | −0.291% | $36K | $20K | 5x | as long as short |
| Gate ZHIPU_USDT | +0.0154% | 8h | 96.040 | +0.095% | $3.0M | $11.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0184% | 1h | 95.950 | +0.001% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0200% | 1h | 96.020 | +0.074% | $101K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0451% | 4h | 95.880 | −0.072% | $18K | $332K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0592% | 1h | 96.038 | +0.093% | $26.9M | $7.1M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0642% | 8h | 96.120 | +0.178% | $49K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1094% | 4h | 96.040 | +0.095% | $39K | $124K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1396% | 8h | 96.060 | +0.116% | $1.9M | $4.0M | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1507% | 4h | 95.950 | +0.001% | $22.5M | $62.1M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1752% | 8h | 96.020 | +0.074% | $277K | $1.4M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1807% | 8h | 96.070 | +0.126% | $5.8M | $16.7M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2343% | 4h | 95.949 | long leg | $19K | $150K | 10x |
edgeX ZHIPUUSDC
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Lighter ZHIPU
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPU
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
OKX ZHIPU-USDT-SWAP