Funding you earn now, next payment 04:00 UTC+0.0598%/8h= +65.5% APRpaid last 24h +0.015%
Price spread now: HTX against Gate−0.322%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+0.502%+$50 · spread now −0.322%, 7d avg −0.101%
=Funding pays, the price is against you. HTX is 0.220% cheaper against Gate than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of −0.101%). If the spread goes back, that is −$22 on $10k: about 29 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.178%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.178% in total (about -9.3% 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 | 96.420 | 0.0283 | pay 0.0283% / 8h | 4h 34m | $3.0M | $11.5M | 50x |
| Short | HTX ZHIPU-USDT | 96.110 | 0.0881 | get 0.0441% / 4h | 34m 53s | $17K | $327K | 20x |
Gate ZHIPU_USDT
HTX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $125.63
- Price spread: −0.322% → −0.101%
- −$22.02
- Slippage, 4 orders
- −$32.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $43.85
- Costs to cover
- 0.598%
- Break-even
- 4.6 days
Slippage from Gate: live order book, 4 min ago; HTX: live order book, 22 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, 4 min ago | 4.13 bp | 13.4 bp −$13 | 45.7 bp −$457 | 82.4 bp −$8,237 | doesn't fit |
| Sell HTX live order book, 22 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 | 96.220 | −0.207% | $2K | $842K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.130 | −0.301% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.176 | −0.253% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.150 | −0.280% | $567 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0240% | 1h | 96.206 | −0.222% | — | — | 10x | as long as short |
| Gate ZHIPU_USDTlong | +0.0283% | 8h | 96.420 | long leg | $3.0M | $11.5M | 50x | |
| Ondo Perps ZHIPU-USD.P | +0.0435% | 1h | 95.990 | −0.446% | $36K | $20K | 5x | as long as short |
| Lighter ZHIPU | +0.0696% | 1h | 96.250 | −0.176% | $101K | $20K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0710% | 8h | 96.413 | −0.007% | $50K | $51K | 20x | as long as short |
| HTX ZHIPU-USDTshort | +0.0881% | 4h | 96.110 | −0.322% | $17K | $327K | 20x |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
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 | +0.1066% | 1h | 96.378 | −0.044% | $27.1M | $7.1M | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1480% | 4h | 96.310 | −0.114% | $39K | $124K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1503% | 8h | 96.470 | +0.052% | $1.9M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1828% | 8h | 96.550 | +0.135% | $5.6M | $16.3M | 25x | as long as short |
| Binance ZHIPUUSDT | +0.2114% | 4h | 96.245 | −0.181% | $22.5M | $60.3M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.2396% | 8h | 96.360 | −0.062% | $292K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2739% | 4h | 96.656 | +0.245% | $19K | $150K | 10x | as long as short |
tradeXYZ xyz:ZHIPU
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC