Funding you earn now, next payment 04:00 UTC−0.1671%/8h= −182.9% APRnext payment −$8.35 per $10,000 · paid last 24h −0.240%
Price spread now: KuCoin against edgeX+0.441%53s7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$445as 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−$3803.803% of the position
Funding, last 7 days−0.645%−$64 on $10k
+Price spread, last 4 days (all we have)−0.418%−$42 · spread now +0.441%, 7d avg −0.084%
=Together, before fees−1.063%+ Points / potential airdropedgeX: Active · farm board−$106 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.525% dearer against edgeX than usual: you sell high and buy low (spread +0.441% now, against its 7-day average of −0.084%): +$52 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.645% in total) that is about 5.7 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.645% in total (about -33.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.35 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 | edgeX ZHIPUUSDC | 101.78 | 0.2237 | pay 0.1118% / 4h | 2h 14m | $20K | $154K | 10x |
| Short | KuCoin ZHIPUUSDTM | 102.23 | 0.0566 | get 0.0283% / 4h | 2h 14m | $41K | $124K | 20x |
edgeX ZHIPUUSDC
KuCoin ZHIPUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$350.82
- Price spread: +0.441% → −0.084%
- $52.49
- Slippage, 4 orders
- −$359.32
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$678.65
- Costs to cover
- 3.803%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; KuCoin: live order book, 14 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, 52 min ago | 11.27 bp | 94.3 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 18.91 bp | 77.2 bp −$77 | doesn't fit | 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 | 102.19 | +0.405% | $52K | $52K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 103.05 | +1.247% | $2K | $1.0M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 103.01 | +1.207% | $37K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 102.63 | +0.833% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 103.03 | +1.227% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0115% | 8h | 103.01 | +1.207% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0228% | 8h | 102.33 | +0.539% | $3.0M | $11.7M | 50x | as long as short |
| Lighter ZHIPU | +0.0528% | 1h | 102.08 | +0.294% | $108K | $20K | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0531% | 8h | 102.27 | +0.480% | $1.9M | $3.7M | 20x | as long as short |
| KuCoin ZHIPUUSDTMshort | +0.0566% | 4h | 102.23 | +0.441% | $41K | $124K | 20x |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Lighter ZHIPU
Bitget ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.0570% | 8h | 102.35 | +0.559% | $5.2M | $16.3M | 25x | as long as short |
| HTX ZHIPU-USDT | +0.0608% | 4h | 102.95 | +1.149% | $18K | $307K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1407% | 4h | 102.15 | +0.367% | $21.6M | $54.9M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1545% | 1h | 102.42 | +0.628% | $37K | $20K | 5x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1581% | 1h | 102.12 | +0.333% | $28.1M | $6.1M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2099% | 8h | 102.23 | +0.441% | $385K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2237% | 4h | 101.78 | long leg | $20K | $154K | 10x |
OKX ZHIPU-USDT-SWAP
HTX ZHIPU-USDT
Binance ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT