Funding you earn now, next payment 08:00 UTC+0.0561%/8h= +61.5% APRnext payment +$5.61 per $10,000 · paid last 24h +0.104%
Price spread now: Bybit against Aster+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bybit is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.61 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 | Aster ZHIPUUSDT | 94.970 | 0.0914 | pay 0.0914% / 8h | 1h 16m | $53K | $53K | 20x |
| Short | Bybit ZHIPUUSDT | 95.050 | 0.1475 | get 0.1475% / 8h | 1h 16m | $356K | $1.5M | 25x |
Aster ZHIPUUSDT
Bybit ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $117.86
- Price spread: +0.084% → 0.000%
- $8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $107.28
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 5.25 bp | 44.5 bp −$45 | 199.2 bp −$1,992 | doesn't fit | doesn't fit |
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 | 95.060 | +0.095% | $2K | $768K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.060 | +0.095% | $34K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0096% | 1h | 95.080 | +0.116% | $100K | $17K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.822 | −0.155% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.090 | +0.126% | $826 | $1K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0187% | 8h | 95.160 | +0.200% | $3.2M | $11.9M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0256% | 1h | 95.111 | +0.149% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0558% | 1h | 94.810 | −0.168% | $33K | $23K | 5x | as long as short |
| HTX ZHIPU-USDT | +0.0869% | 4h | 95.080 | +0.116% | $21K | $350K | 20x | as long as short |
| Aster ZHIPUUSDTlong | +0.0914% | 8h | 94.970 | long leg | $53K | $53K | 20x |
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
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.0936% | 1h | 94.996 | +0.027% | $26.8M | $7.7M | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0994% | 4h | 94.910 | −0.063% | $38K | $119K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1090% | 4h | 95.030 | +0.063% | $22.4M | $66.2M | 25x | as long as short |
| Bybit ZHIPUUSDTshort | +0.1475% | 8h | 95.050 | +0.084% | $356K | $1.5M | 25x | |
| Bitget ZHIPUUSDT | +0.1617% | 8h | 95.090 | +0.126% | $1.7M | $4.3M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.1891% | 4h | 95.041 | +0.074% | $20K | $154K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1986% | 8h | 95.100 | +0.137% | $5.4M | $18.4M | 25x | as long as short |
tradeXYZ xyz:ZHIPU
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC
OKX ZHIPU-USDT-SWAP