Funding you earn now, next payment 20:00 UTC−0.0596%/8hpaid last 24h −0.061%
Price spread now: Bitget against Binance+0.105%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 1 day (all we have)−0.016%−$2 · spread now +0.105%, 7d avg +0.069%
=The price spread pays, funding is against you. Bitget is 0.036% dearer against Binance than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.069%): +$4 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.104%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% 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 | Binance ZHIPUUSDT | 104.77 | 0.1323 | pay 0.0661% / 4h | 4m 50s | $20.9M | $56.9M | 25x |
| Short | Bitget ZHIPUUSDT | 104.88 | 0.0727 | get 0.0727% / 8h | 4h 04m | $1.6M | $4.4M | 20x |
Binance ZHIPUUSDT
Bitget ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$125.15
- Price spread: +0.105% → +0.069%
- $3.57
- Slippage, 4 orders
- −$52.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$195.95
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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 Binance live order book, 12 min ago | 1.44 bp | 17.6 bp −$18 | 57.7 bp −$577 | 203.5 bp −$20.4K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.38 bp | 27.7 bp −$28 | 76.7 bp −$767 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 104.54 | −0.219% | $52K | $49K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.86 | +0.086% | $2K | $1.2M | 10x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 104.91 | +0.134% | $119K | $9K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.74 | −0.029% | $37K | $3K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0093% | 1h | 104.93 | +0.153% | $29.4M | $7.6M | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 104.93 | +0.153% | $23K | $145 | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0203% | 8h | 104.74 | −0.029% | $76 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0292% | 8h | 104.93 | +0.153% | $2.8M | $13.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0336% | 1h | 104.83 | +0.053% | — | — | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0467% | 4h | 104.74 | −0.029% | $19K | $320K | 20x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
tradeXYZ xyz:ZHIPU
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0528% | 4h | 104.72 | −0.048% | $40K | $137K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0631% | 8h | 104.97 | +0.191% | $4.8M | $18.6M | 25x | as long as short |
| Bitget ZHIPUUSDTshort | +0.0727% | 8h | 104.88 | +0.105% | $1.6M | $4.4M | 20x | |
| Ondo Perps ZHIPU-USD.P | +0.1124% | 1h | 104.87 | +0.095% | $40K | $19K | 5x | as long as short |
| Binance ZHIPUUSDTlong | +0.1323% | 4h | 104.77 | long leg | $20.9M | $56.9M | 25x | |
| Bybit ZHIPUUSDT | +0.1514% | 8h | 104.89 | +0.115% | $309K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1858% | 4h | 104.90 | +0.128% | $21K | $148K | 10x | as long as short |
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC