Funding you earn now, next payment 20:00 UTC−0.0756%/8hpaid last 24h +0.025%
Price spread now: Lighter against Bitget0.000%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg −0.020%
=Together, before fees+0.170%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.189%, 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 0.189% in total (about 9.9% 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 | Bitget ZHIPUUSDT | 104.57 | 0.0788 | pay 0.0788% / 8h | 4h 22m | $1.6M | $4.4M | 20x |
| Short | Lighter ZHIPU | 104.57 | 0.0032 | get 0.0004% / 1h | 22m 58s | $119K | $9K | 10x |
Bitget ZHIPUUSDT
Lighter ZHIPUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$158.76
- Price spread: 0.000% → −0.020%
- $1.98
- Slippage, 4 orders
- −$51.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$220.08
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; Lighter: 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 Bitget live order book, 9 min ago | 2.39 bp | 12.7 bp −$13 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 9.55 bp | 13.9 bp −$14 | 67.2 bp −$672 | 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 | 104.51 | −0.059% | $52K | $49K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.50 | −0.067% | $1K | $1.2M | 10x | as long as short |
| Lighter ZHIPUshort | +0.0032% | 1h | 104.57 | 0.000% | $119K | $9K | 10x | |
| tradeXYZ xyz:ZHIPU | +0.0050% | 1h | 104.62 | +0.048% | $29.3M | $7.6M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.58 | +0.010% | $37K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 104.62 | +0.048% | $23K | $145 | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0203% | 8h | 104.43 | −0.134% | $76 | $266 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0344% | 1h | 104.51 | −0.056% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0380% | 8h | 104.58 | +0.010% | $2.8M | $13.7M | 50x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0683% | 8h | 104.59 | +0.019% | $4.8M | $18.5M | 25x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
OKX ZHIPU-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.0702% | 4h | 104.36 | −0.201% | $19K | $320K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0752% | 4h | 104.55 | −0.019% | $41K | $135K | 20x | as long as short |
| Bitget ZHIPUUSDTlong | +0.0788% | 8h | 104.57 | long leg | $1.6M | $4.4M | 20x | |
| Ondo Perps ZHIPU-USD.P | +0.1252% | 1h | 104.96 | +0.373% | $39K | $19K | 5x | as long as short |
| Binance ZHIPUUSDT | +0.1649% | 4h | 104.41 | −0.157% | $20.8M | $56.9M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1771% | 8h | 104.59 | +0.019% | $304K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2331% | 4h | 104.67 | +0.095% | $21K | $147K | 10x | as long as short |
HTX ZHIPU-USDT
KuCoin ZHIPUUSDTM
Ondo Perps ZHIPU-USD.P
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC