Funding you earn now, next payment 08:00 UTC+0.0987%/8h= +108.1% APRpaid last 24h +0.343%
Price spread now: edgeX against Gate+0.301%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.500%+$50 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.301%, 7d avg +0.028%
=Together, before fees+0.229%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and edgeX is 0.273% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.028%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.500% in total (about 26.1% a year). A funding rate is set anew for every payment. 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 | 94.820 | 0.0194 | pay 0.0194% / 8h | 6m 55s | $3.2M | $10.3M | 50x |
| Short | edgeX ZHIPUUSDC | 95.105 | 0.1181 | get 0.0590% / 4h | 6m 55s | $20K | $152K | 10x |
Gate ZHIPU_USDT
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $207.26
- Price spread: +0.301% → +0.028%
- $27.29
- Slippage, 4 orders
- −$40.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $169.64
- Costs to cover
- 0.649%
- Break-even
- 1.3 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 30 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 Gate live order book, 2 min ago | 5.27 bp | 14.8 bp −$15 | 41.3 bp −$413 | 85.8 bp −$8,575 | doesn't fit |
| Sell edgeX live order book, 30 min ago | 5.26 bp | 12.3 bp −$12 | 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 | 94.940 | +0.127% | $2K | $445K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.720 | −0.105% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.593 | −0.239% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.760 | −0.063% | $823 | $798 | 10x | as long as short |
| Lighter ZHIPU | +0.0104% | 1h | 94.770 | −0.053% | $100K | $16K | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 94.752 | −0.072% | — | — | 10x | as long as short |
| Gate ZHIPU_USDTlong | +0.0194% | 8h | 94.820 | long leg | $3.2M | $10.3M | 50x | |
| Ondo Perps ZHIPU-USD.P | +0.0269% | 1h | 95.310 | +0.517% | $32K | $22K | 5x | as long as short |
| HTX ZHIPU-USDT | +0.0484% | 4h | 94.780 | −0.042% | $20K | $349K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0541% | 1h | 94.679 | −0.149% | $26.8M | $7.1M | 10x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Lighter ZHIPU
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0835% | 8h | 94.694 | −0.133% | $53K | $40K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0970% | 4h | 94.690 | −0.137% | $38K | $133K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.0970% | 4h | 94.730 | −0.095% | $22.2M | $55.9M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.1181% | 4h | 95.105 | +0.301% | $20K | $152K | 10x | |
| Bybit ZHIPUUSDT | +0.1272% | 8h | 94.800 | −0.021% | $354K | $1.2M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1457% | 8h | 94.770 | −0.053% | $1.6M | $3.8M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1821% | 8h | 94.850 | +0.032% | $5.2M | $15.5M | 25x | as long as short |
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP