Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.300%
Price spread now: OKX against edgeX−0.432%81s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as 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−$640.638% of the position
Funding, last 7 days−0.504%−$50 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.432%, 7d avg −0.044%
=Together, before fees−0.135%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.388% cheaper against edgeX than usual: you would sell low and buy high (spread −0.432% now, against its 7-day average of −0.044%). If the spread goes back, that is −$39 on $10k: about 3 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.504%, so the current rate has only just turned in your favour. The two prices were read 81 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 | 96.808 | 0.1877 | pay 0.0938% / 4h | 2h 08m | $21K | $153K | 10x |
| Short | OKX ZHIPU-USDT-SWAP | 96.390 | 0.1890 | get 0.1890% / 8h | 2h 08m | $5.5M | $18.6M | 25x |
edgeX ZHIPUUSDC
OKX ZHIPU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.7
- Price spread: −0.432% → −0.044%
- −$38.75
- Slippage, 4 orders
- −$44.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.9
- Costs to cover
- 0.638%
- Break-even
- 266.2 days
Slippage from edgeX: live order book, 38 min ago; OKX: live order book, 5 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, 38 min ago | 6.35 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.55 bp | 14.1 bp −$14 | 101.8 bp −$1,018 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 96.500 | −0.318% | $1K | $850K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.150 | −0.680% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.891 | −0.947% | $44K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.160 | −0.669% | $835 | $1K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0107% | 8h | 96.350 | −0.473% | $3.2M | $12.5M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0224% | 1h | 96.191 | −0.637% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0504% | 1h | 96.120 | −0.711% | $101K | $20K | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0734% | 4h | 96.170 | −0.659% | $39K | $121K | 20x | as long as short |
| Aster ZHIPUUSDT | +0.0761% | 8h | 96.387 | −0.435% | $53K | $57K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0858% | 1h | 96.790 | −0.018% | $33K | $25K | 5x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Lighter ZHIPU
KuCoin ZHIPUUSDTM
Aster ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.0931% | 4h | 96.200 | −0.628% | $20K | $353K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1000% | 4h | 96.200 | −0.628% | $22.8M | $69.1M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1269% | 1h | 96.167 | −0.662% | $27.1M | $8.0M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.1434% | 8h | 96.340 | −0.483% | $358K | $1.5M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1482% | 8h | 96.260 | −0.566% | $1.7M | $4.3M | 20x | as long as short |
| edgeX ZHIPUUSDClong | +0.1877% | 4h | 96.808 | long leg | $21K | $153K | 10x | |
| OKX ZHIPU-USDT-SWAPshort | +0.1890% | 8h | 96.390 | −0.432% | $5.5M | $18.6M | 25x |
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT