Funding you earn now, next payment 08:00 UTC−0.2183%/8h= −239.0% APRnext payment −$21.83 per $10,000 · paid last 24h −0.104%
Price spread now: Aster against Bybit+0.045%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
=The price spread pays, funding is against you. Aster is 0.045% dearer against Bybit than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.009% in total) that is about 34 days.
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 −$21.83 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 | Bybit ZHIPUUSDT | 98.160 | 0.2770 | pay 0.2770% / 8h | 5h 02m | $361K | $1.3M | 25x |
| Short | Aster ZHIPUUSDT | 98.204 | 0.0588 | get 0.0588% / 8h | 5h 02m | $50K | $52K | 20x |
Bybit ZHIPUUSDT
Aster ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$458.39
- Price spread: +0.045% → 0.000%
- $4.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$472.88
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 6.06 bp | 37.8 bp −$38 | 85.2 bp −$852 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 98.290 | +0.132% | $2K | $863K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 98.200 | +0.041% | $35K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 98.528 | +0.375% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 98.460 | +0.306% | $580 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0136% | 1h | 98.499 | +0.345% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0436% | 8h | 98.260 | +0.102% | $3.2M | $11.3M | 50x | as long as short |
| Aster ZHIPUUSDTshort | +0.0588% | 8h | 98.204 | +0.045% | $50K | $52K | 20x | |
| HTX ZHIPU-USDT | +0.1123% | 4h | 98.620 | +0.469% | $18K | $323K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1123% | 1h | 99.070 | +0.927% | $37K | $21K | 5x | as long as short |
| Lighter ZHIPU | +0.1360% | 1h | 98.250 | +0.092% | $103K | $20K | 10x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Ondo Perps ZHIPU-USD.P
Lighter ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.1367% | 8h | 98.160 | 0.000% | $1.9M | $3.8M | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1522% | 4h | 98.080 | −0.081% | $40K | $123K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1580% | 8h | 98.260 | +0.102% | $5.4M | $15.6M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1754% | 1h | 98.048 | −0.114% | $27.4M | $6.8M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.2257% | 4h | 98.055 | −0.107% | $22.7M | $58.7M | 25x | as long as short |
| Bybit ZHIPUUSDTlong | +0.2770% | 8h | 98.160 | long leg | $361K | $1.3M | 25x | |
| edgeX ZHIPUUSDC | +0.2984% | 4h | 98.953 | +0.808% | $19K | $150K | 10x | as long as short |
Bitget ZHIPUUSDT
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC