Funding you earn now, next payment 00:00 UTC−0.0294%/8h= −32.2% APRnext payment −$2.94 per $10,000 · paid last 24h −0.023%
Price spread now: Aster against Bitget−0.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.077% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, 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 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.94 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 | Bitget ZHIPUUSDT | 104.90 | 0.0294 | pay 0.0294% / 8h | 1h 47m | $1.7M | $4.4M | 20x |
| Short | Aster ZHIPUUSDT | 104.82 | 0 | get 0.0000% / 8h | 1h 47m | $54K | $51K | 20x |
Bitget ZHIPUUSDT
Aster ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$61.74
- Price spread: −0.077% → 0.000%
- −$7.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$89.46
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Aster: no order-book sample. 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 Bitget live order book, 5 min ago | 3.34 bp | 16.8 bp −$17 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDTshort | 0.0000% | 8h | 104.82 | −0.077% | $54K | $51K | 20x | |
| Binance ZHIPUUSDT | 0.0000% | 4h | 104.85 | −0.048% | $20.8M | $56.9M | 25x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.95 | +0.048% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 104.82 | −0.076% | $19K | $315K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 104.95 | +0.048% | $119K | $9K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0032% | 8h | 104.98 | +0.076% | $2.8M | $13.6M | 50x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.89 | −0.010% | $37K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 104.98 | +0.073% | $23K | $145 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 104.90 | 0.000% | $41K | $134K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 104.86 | −0.042% | — | — | 10x | as long as short |
Binance ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.0108% | 1h | 104.97 | +0.067% | $29.3M | $7.6M | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0203% | 8h | 104.84 | −0.057% | $76 | $266 | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0207% | 8h | 104.98 | +0.076% | $4.8M | $18.4M | 25x | as long as short |
| Bitget ZHIPUUSDTlong | +0.0294% | 8h | 104.90 | long leg | $1.7M | $4.4M | 20x | |
| Bybit ZHIPUUSDT | +0.0456% | 8h | 105.00 | +0.095% | $303K | $1.3M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0467% | 1h | 104.90 | 0.000% | $40K | $19K | 5x | as long as short |
| edgeX ZHIPUUSDC | +0.0479% | 4h | 104.96 | +0.053% | $21K | $149K | 10x | as long as short |
tradeXYZ xyz:ZHIPU
Orderly PERP_ZHIPU_USDC_mythos
OKX ZHIPU-USDT-SWAP
Bybit ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
edgeX ZHIPUUSDC