Funding you earn now, next payment 08:00 UTC+0.0760%/8h= +83.2% APRnext payment +$7.60 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Gate+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Aster is 0.157% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.60 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 | Gate ZHIPU_USDT | 95.790 | 0.0180 | pay 0.0180% / 8h | 1h 43m | $3.2M | $11.7M | 50x |
| Short | Aster ZHIPUUSDT | 95.940 | 0.0940 | get 0.0940% / 8h | 1h 43m | $53K | $58K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $159.51
- Price spread: +0.157% → 0.000%
- $15.71
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $152.22
- Costs to cover
- 0.230%
- Break-even
- 0.3 days
Slippage unknown: Gate: live order book, 5 min ago; Aster: 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 Gate live order book, 5 min ago | 6.23 bp | 16.7 bp −$17 | 64.3 bp −$643 | 94.4 bp −$9,438 | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | 95.900 | +0.115% | $1K | $807K | 10x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 95.760 | −0.031% | $101K | $17K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.660 | −0.136% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.667 | −0.128% | $44K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.650 | −0.146% | $831 | $1K | 10x | as long as short |
| Gate ZHIPU_USDTlong | +0.0180% | 8h | 95.790 | long leg | $3.2M | $11.7M | 50x | |
| Aevo ZHIPU-PERP | +0.0280% | 1h | 95.698 | −0.096% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0923% | 1h | 95.730 | −0.063% | $33K | $23K | 5x | as long as short |
| Aster ZHIPUUSDTshort | +0.0940% | 8h | 95.940 | +0.157% | $53K | $58K | 20x | |
| KuCoin ZHIPUUSDTM | +0.1002% | 4h | 95.700 | −0.094% | $38K | $119K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.1153% | 4h | 95.670 | −0.125% | $21K | $352K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1208% | 4h | 95.713 | −0.080% | $22.6M | $66.9M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1307% | 1h | 95.703 | −0.091% | $27.0M | $8.0M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.1598% | 8h | 95.740 | −0.052% | $359K | $1.5M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1634% | 8h | 95.780 | −0.010% | $1.7M | $4.3M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.1751% | 4h | 96.095 | +0.319% | $20K | $155K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.2024% | 8h | 95.840 | +0.052% | $5.4M | $18.6M | 25x | as long as short |
Gate ZHIPU_USDT
Aster ZHIPUUSDT
SunX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC
OKX ZHIPU-USDT-SWAP