Funding you earn now, next payment 08:00 UTC+0.1233%/8h= +135.1% APRnext payment +$6.17 per $10,000 · paid last 24h +0.192%
Price spread now: Binance against SunX+0.021%7-day average −0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2632.627% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.021%, 7d avg −0.109%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Binance is 0.130% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.109%. Mind the row above: over the last 7 days funding on this pair cost −0.079%, 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 -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.17 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 | SunX ZHIPU-USDT | 95.860 | 0 | get 0.0000% / 4h | 3h 42m | $2K | $851K | 10x |
| Short | Binance ZHIPUUSDT | 95.880 | 0.1233 | get 0.0617% / 4h | 3h 42m | $22.5M | $63.4M | 25x |
SunX ZHIPU-USDT
Binance ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $259.01
- Price spread: +0.021% → −0.109%
- $13.02
- Slippage, 4 orders
- −$244.72
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $9.31
- Costs to cover
- 2.627%
- Break-even
- 6.7 days
Slippage from SunX: live order book, 60 min ago; Binance: live order book, 15 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 SunX live order book, 60 min ago | 16.46 bp | 94.9 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.12 bp | 11.0 bp −$11 | 33.1 bp −$331 | 132.4 bp −$13.2K | 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-USDTlong | 0.0000% | 4h | 95.860 | long leg | $2K | $851K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.870 | +0.010% | $34K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0072% | 1h | 96.050 | +0.198% | $101K | $20K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0092% | 8h | 95.960 | +0.104% | $2.9M | $11.8M | 50x | as long as short |
| HTX ZHIPU-USDT | +0.0096% | 4h | 95.850 | −0.010% | $17K | $332K | 20x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.974 | +0.118% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.900 | +0.042% | $565 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 95.881 | +0.022% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0567% | 8h | 95.897 | +0.039% | $49K | $51K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0804% | 1h | 96.240 | +0.396% | $36K | $20K | 5x | as long as short |
SoDEX ZHIPU-USD
Lighter ZHIPU
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0958% | 4h | 95.990 | +0.136% | $39K | $125K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1191% | 1h | 95.958 | +0.102% | $26.9M | $7.2M | 10x | as long as short |
| Binance ZHIPUUSDTshort | +0.1233% | 4h | 95.880 | +0.021% | $22.5M | $63.4M | 25x | |
| Bitget ZHIPUUSDT | +0.1375% | 8h | 95.960 | +0.104% | $1.8M | $4.1M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.1550% | 4h | 96.183 | +0.337% | $19K | $151K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.1585% | 8h | 95.940 | +0.083% | $271K | $1.4M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1785% | 8h | 95.960 | +0.104% | $5.8M | $17.0M | 25x | as long as short |
KuCoin ZHIPUUSDTM
tradeXYZ xyz:ZHIPU
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT
OKX ZHIPU-USDT-SWAP