Funding you earn now, next payment 12:00 UTC−0.0973%/8h= −106.5% APRnext payment −$4.86 per $10,000 · paid last 24h −0.160%
Price spread now: Binance against edgeX−0.036%80s7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1951.950% of the position
Funding, last 7 days−0.689%−$69 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.036%, 7d avg −0.130%
=Together, before fees−0.469%+ Points / potential airdropedgeX: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.094% dearer against edgeX than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.130%): +$9 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.689% in total) that is about 23 hours. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZHIPUUSDC | 94.855 | 0.0973 | pay 0.0486% / 4h | 4m 15s | $20K | $150K | 10x |
| Short | Binance ZHIPUUSDT | 94.820 | 0 | get 0.0000% / 4h | 4m 15s | $22.0M | $55.7M | 25x |
edgeX ZHIPUUSDC
Binance ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$204.3
- Price spread: −0.036% → −0.130%
- $9.35
- Slippage, 4 orders
- −$176.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$389.96
- Costs to cover
- 1.950%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; Binance: live order book, 16 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 edgeX live order book, 35 min ago | 7.92 bp | 102.8 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.53 bp | 7.8 bp −$8 | 28.0 bp −$280 | 180.9 bp −$18.1K | doesn't fit |
ZHIPU on 17 exchanges
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 | 94.871 | +0.017% | $54K | $33K | 20x | as long as short |
| Binance ZHIPUUSDTshort | 0.0000% | 4h | 94.820 | −0.036% | $22.0M | $55.7M | 25x | |
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.890 | +0.037% | $3.3M | $10.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 94.890 | +0.037% | $1K | $388K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 94.830 | −0.026% | $16K | $343K | 20x | as long as short |
| Bybit ZHIPUUSDT | +0.0026% | 8h | 94.910 | +0.058% | $357K | $1.2M | 25x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 94.740 | −0.121% | $100K | $15K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0050% | 1h | 94.814 | −0.043% | $26.6M | $6.7M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.830 | −0.026% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.843 | −0.013% | $43K | $12K | 3x | as long as short |
Aster ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Bybit ZHIPUUSDT
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERPShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 94.840 | −0.015% | $41K | $360K | 20x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.830 | −0.026% | $824 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 94.803 | −0.054% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0140% | 1h | 94.840 | −0.015% | $32K | $18K | 5x | as long as short |
| Bitget ZHIPUUSDT | +0.0234% | 8h | 94.890 | +0.037% | $1.6M | $4.0M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0674% | 8h | 94.920 | +0.069% | $5.1M | $15.4M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.0973% | 4h | 94.855 | long leg | $20K | $150K | 10x |
KuCoin ZHIPUUSDTM
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP