Funding you earn now, next payment 04:00 UTC+0.2384%/8h= +261.1% APRnext payment +$11.92 per $10,000 · paid last 24h +0.303%
Price spread now: edgeX against SunX+0.059%74s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2942.935% of the position
Funding, last 7 days+0.562%+$56 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.059%, 7d avg +0.037%
=Together, before fees+0.282%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$72 a day on $10k at the current rate, and edgeX is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.562% in total (about 29.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.92 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 | 95.950 | 0 | get 0.0000% / 4h | 11m 44s | $1K | $851K | 10x |
| Short | edgeX ZHIPUUSDC | 96.007 | 0.2384 | get 0.1192% / 4h | 11m 44s | $19K | $151K | 10x |
SunX ZHIPU-USDT
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $500.67
- Price spread: +0.059% → +0.037%
- $2.26
- Slippage, 4 orders
- −$276.54
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $209.4
- Costs to cover
- 2.935%
- Break-even
- 4.1 days
Slippage from SunX: live order book, 31 min ago; edgeX: live order book, 45 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, 31 min ago | 16.46 bp | 94.9 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 45 min ago | 12.27 bp | 30.0 bp −$30 | 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-USDTlong | 0.0000% | 4h | 95.950 | long leg | $1K | $851K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.040 | +0.094% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.018 | +0.071% | $27K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.010 | +0.063% | $566 | $798 | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0131% | 1h | 95.780 | −0.177% | $36K | $20K | 5x | as long as short |
| Gate ZHIPU_USDT | +0.0164% | 8h | 96.050 | +0.104% | $3.0M | $11.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 96.079 | +0.134% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0232% | 1h | 96.020 | +0.073% | $101K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0513% | 4h | 96.070 | +0.125% | $17K | $331K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0650% | 1h | 96.002 | +0.054% | $26.9M | $7.2M | 10x | as long as short |
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Ondo Perps ZHIPU-USD.P
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Lighter ZHIPU
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 | +0.0652% | 8h | 96.169 | +0.228% | $49K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1162% | 4h | 96.020 | +0.073% | $39K | $125K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1412% | 8h | 96.110 | +0.167% | $1.9M | $3.9M | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1607% | 4h | 95.978 | +0.029% | $22.5M | $62.0M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1822% | 8h | 96.110 | +0.167% | $5.8M | $16.6M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1836% | 8h | 96.060 | +0.115% | $276K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.2384% | 4h | 96.007 | +0.059% | $19K | $151K | 10x |
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Bybit ZHIPUUSDT