Funding you earn now, next payment 08:00 UTC−0.1219%/8h= −133.5% APRnext payment −$12.19 per $10,000 · paid last 24h −0.050%
Price spread now: Aster against OKX−0.171%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Aster is 0.171% cheaper against OKX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.19 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 | OKX ZHIPU-USDT-SWAP | 96.060 | 0.1779 | pay 0.1779% / 8h | 3h 40m | $5.8M | $17.0M | 25x |
| Short | Aster ZHIPUUSDT | 95.896 | 0.0560 | get 0.0560% / 8h | 3h 40m | $49K | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- −$256.07
- Price spread: −0.171% → 0.000%
- −$17.12
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$291.18
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.52 bp | 14.6 bp −$15 | 68.7 bp −$687 | doesn't fit | 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 | 95.860 | −0.208% | $2K | $851K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 95.930 | −0.135% | $17K | $332K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 95.990 | −0.073% | $101K | $20K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.890 | −0.177% | $34K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0088% | 8h | 96.000 | −0.062% | $2.9M | $11.8M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.970 | −0.094% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.900 | −0.167% | $565 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 95.914 | −0.152% | — | — | 10x | as long as short |
| Aster ZHIPUUSDTshort | +0.0560% | 8h | 95.896 | −0.171% | $49K | $51K | 20x | |
| Ondo Perps ZHIPU-USD.P | +0.0742% | 1h | 95.810 | −0.260% | $36K | $20K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0946% | 4h | 95.980 | −0.083% | $39K | $124K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1097% | 1h | 95.958 | −0.106% | $26.9M | $7.2M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.1205% | 4h | 95.950 | −0.115% | $22.5M | $63.3M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1364% | 8h | 96.020 | −0.042% | $1.8M | $4.1M | 20x | as long as short |
| Bybit ZHIPUUSDT | +0.1553% | 8h | 95.940 | −0.125% | $271K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1683% | 4h | 95.958 | −0.106% | $19K | $150K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAPlong | +0.1779% | 8h | 96.060 | long leg | $5.8M | $17.0M | 25x |
OKX ZHIPU-USDT-SWAP
Aster ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
KuCoin ZHIPUUSDTM
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC