Funding you earn now, next payment 08:00 UTC+0.1062%/8h= +116.2% APRnext payment +$5.31 per $10,000 · paid last 24h +0.256%
Price spread now: edgeX against KuCoin−0.226%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1431.431% of the position
Funding, last 7 days+0.664%+$66 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.226%, 7d avg +0.085%
=Together, before fees+0.867%+ Points / potential airdropedgeX: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.310% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of +0.085%). If the spread goes back, that is −$31 on $10k: about 23 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.664% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.664% in total (about 34.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.31 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 | KuCoin ZHIPUUSDTM | 95.200 | 0.0998 | pay 0.0499% / 4h | 31m 31s | $38K | $112K | 20x |
| Short | edgeX ZHIPUUSDC | 94.985 | 0.2060 | get 0.1030% / 4h | 31m 31s | $20K | $154K | 10x |
KuCoin ZHIPUUSDTM
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $222.92
- Price spread: −0.226% → +0.085%
- −$31.04
- Slippage, 4 orders
- −$122.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $48.79
- Costs to cover
- 1.431%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 63 min ago; edgeX: live order book, 5 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 KuCoin live order book, 63 min ago | 12.51 bp | 59.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 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 | 95.090 | −0.116% | $1K | $514K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.140 | −0.063% | $34K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0056% | 1h | 95.190 | −0.011% | $100K | $16K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.108 | −0.097% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.140 | −0.063% | $827 | $798 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0201% | 8h | 95.190 | −0.011% | $3.2M | $10.1M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0216% | 1h | 95.146 | −0.056% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0240% | 1h | 94.950 | −0.263% | $33K | $22K | 5x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0542% | 1h | 95.106 | −0.099% | $26.9M | $7.3M | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0602% | 4h | 95.160 | −0.042% | $20K | $350K | 20x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Lighter ZHIPU
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
tradeXYZ xyz:ZHIPU
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0889% | 8h | 95.148 | −0.054% | $53K | $41K | 20x | as long as short |
| KuCoin ZHIPUUSDTMlong | +0.0998% | 4h | 95.200 | long leg | $38K | $112K | 20x | |
| Binance ZHIPUUSDT | +0.1038% | 4h | 95.140 | −0.063% | $22.3M | $58.1M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1349% | 8h | 95.120 | −0.084% | $355K | $1.3M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1529% | 8h | 95.160 | −0.042% | $1.7M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1900% | 8h | 95.190 | −0.011% | $5.3M | $16.0M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.2060% | 4h | 94.985 | −0.226% | $20K | $154K | 10x |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP