Funding you earn now, next payment 09:00 UTC+0.0907%/8h= +99.4% APRpaid last 24h −0.050%
Price spread now: Bitget against tradeXYZ+0.127%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.474%−$47 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.127%, 7d avg −0.038%
=Together, before fees−0.525%+ Points / potential airdroptradeXYZ: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bitget is 0.165% dearer against tradeXYZ than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.474%, 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 -0.474% in total (about -24.7% 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 | tradeXYZ xyz:ZHIPU | 94.001 | 0.0487 | pay 0.0061% / 1h | 33m 54s | $26.4M | $6.9M | 10x |
| Short | Bitget ZHIPUUSDT | 94.120 | 0.1394 | get 0.1394% / 8h | 7h 33m | $1.6M | $3.9M | 20x |
tradeXYZ xyz:ZHIPU
Bitget ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $190.56
- Price spread: +0.127% → −0.038%
- $16.48
- Slippage, 4 orders
- −$37.12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $139.92
- Costs to cover
- 0.671%
- Break-even
- 1.9 days
Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 4 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 tradeXYZ live order book, 4 min ago | 1.43 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.78 bp | 18.5 bp −$18 | 42.5 bp −$425 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZHIPUUSDT | 0.0000% | 8h | 94.070 | +0.073% | $351K | $1.2M | 25x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.050 | +0.052% | $3.2M | $10.0M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 94.170 | +0.180% | $2K | $405K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 94.110 | +0.116% | $20K | $336K | 20x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.100 | +0.105% | $33K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.044 | +0.046% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.150 | +0.159% | $818 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0200% | 1h | 94.114 | +0.121% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0280% | 1h | 94.080 | +0.084% | $99K | $16K | 10x | as long as short |
| tradeXYZ xyz:ZHIPUlong | +0.0487% | 1h | 94.001 | long leg | $26.4M | $6.9M | 10x |
Bybit ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Lighter ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0703% | 8h | 94.403 | +0.427% | $53K | $33K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0846% | 1h | 93.880 | −0.129% | $32K | $20K | 5x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0908% | 4h | 94.070 | +0.073% | $38K | $167K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.0983% | 4h | 94.002 | +0.001% | $22.0M | $55.7M | 25x | as long as short |
| Bitget ZHIPUUSDTshort | +0.1394% | 8h | 94.120 | +0.127% | $1.6M | $3.9M | 20x | |
| edgeX ZHIPUUSDC | +0.1493% | 4h | 94.461 | +0.489% | $20K | $151K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1788% | 8h | 94.060 | +0.063% | $5.1M | $14.9M | 25x | as long as short |
Aster ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
OKX ZHIPU-USDT-SWAP