Funding you earn now, next payment 08:00 UTC−0.1667%/8h= −182.5% APRnext payment −$8.33 per $10,000 · paid last 24h −0.350%
Price spread now: SunX against edgeX−0.041%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2812.811% of the position
Funding, last 7 days−0.564%−$56 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.041%, 7d avg −0.033%
=Together, before fees−0.499%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$50 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.564% in total (about -29.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.33 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 | 95.129 | 0.1667 | pay 0.0833% / 4h | 32m 52s | $20K | $154K | 10x |
| Short | SunX ZHIPU-USDT | 95.090 | 0 | get 0.0000% / 4h | 32m 52s | $1K | $530K | 10x |
edgeX ZHIPUUSDC
SunX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$350.04
- Price spread: −0.041% → −0.033%
- −$0.83
- Slippage, 4 orders
- −$264.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$632.01
- Costs to cover
- 2.811%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; SunX: live order book, 40 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, 4 min ago | 5.26 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 40 min ago | 31.12 bp | 136.4 bp −$136 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDTshort | 0.0000% | 4h | 95.090 | −0.041% | $1K | $530K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.950 | −0.188% | $34K | $3K | 10x | as long as short |
| Lighter ZHIPU | +0.0064% | 1h | 95.040 | −0.094% | $100K | $16K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.045 | −0.089% | $43K | $12K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.980 | −0.157% | $825 | $798 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0205% | 8h | 95.030 | −0.104% | $3.2M | $10.1M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0216% | 1h | 94.991 | −0.146% | — | — | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0273% | 1h | 95.220 | +0.096% | $33K | $22K | 5x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0571% | 1h | 94.970 | −0.167% | $26.8M | $7.3M | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0617% | 4h | 94.990 | −0.146% | $20K | $350K | 20x | as long as short |
SoDEX ZHIPU-USD
Lighter ZHIPU
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
Ondo Perps ZHIPU-USD.P
tradeXYZ xyz:ZHIPU
HTX ZHIPU-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0895% | 8h | 95.061 | −0.072% | $53K | $41K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1008% | 4h | 95.070 | −0.062% | $38K | $112K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1057% | 4h | 94.984 | −0.153% | $22.3M | $58.4M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1364% | 8h | 94.990 | −0.146% | $354K | $1.3M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1544% | 8h | 95.010 | −0.125% | $1.7M | $3.9M | 20x | as long as short |
| edgeX ZHIPUUSDClong | +0.1667% | 4h | 95.129 | long leg | $20K | $154K | 10x | |
| OKX ZHIPU-USDT-SWAP | +0.1905% | 8h | 95.070 | −0.062% | $5.3M | $16.0M | 25x | as long as short |
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP