ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1033%/8h= +113.1% APRnext payment +$5.17 per $10,000 · paid last 24h +0.312%

Price spread now: edgeX against HTX−0.096%77s7-day average +0.129% · you buy dearer than you sell

Net, funding: paid 7d − costs−$603as 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−$6766.755% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.724%+$72 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.096%, 7d avg +0.129%

Together, before fees+0.838%+ Points / potential airdropedgeX: Active · farm board+$84 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.225% cheaper against HTX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.129%). If the spread goes back, that is −$22 on $10k: about 17 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.724% in total) that is about 2.2 days. The two prices were read 77 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	HTX ZHIPU-USDT	95.220	0.0634	pay 0.0317% / 4h	33m 47s	$20K	$350K	20x
Short	edgeX ZHIPUUSDC	95.129	0.1667	get 0.0833% / 4h	33m 47s	$20K	$154K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $216.93
Price spread: −0.096% → +0.129%: −$22.49
Slippage, 4 orders: −$654.52
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$481.08
Costs to cover: 6.755%
Break-even: 22.5 days

Slippage from HTX: live order book, 4 min ago; edgeX: live order book, 3 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 HTX live order book, 4 min ago	44.67 bp	300.0 bp −$300	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	5.26 bp	12.3 bp −$12	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-USDT	0.0000%	4h	95.220	0.000%	$2K	$538K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.110	−0.116%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0072%	1h	95.160	−0.063%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.236	+0.017%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.210	−0.011%	$827	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0208%	8h	95.120	−0.105%	$3.2M	$10.1M	50x	as long as short
Aevo ZHIPU-PERP	+0.0224%	1h	95.150	−0.073%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0273%	1h	95.220	0.000%	$33K	$22K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.0601%	1h	94.970	−0.263%	$26.8M	$7.3M	10x	as long as short
HTX ZHIPU-USDTlong	+0.0634%	4h	95.220	long leg	$20K	$350K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0895%	8h	95.090	−0.136%	$53K	$41K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1008%	4h	95.090	−0.137%	$38K	$112K	20x	as long as short
Binance ZHIPUUSDT	+0.1057%	4h	94.969	−0.264%	$22.3M	$58.3M	25x	as long as short
Bybit ZHIPUUSDT	+0.1364%	8h	94.990	−0.242%	$353K	$1.3M	25x	as long as short
Bitget ZHIPUUSDT	+0.1544%	8h	95.010	−0.221%	$1.7M	$3.9M	20x	as long as short
edgeX ZHIPUUSDCshort	+0.1667%	4h	95.129	−0.096%	$20K	$154K	10x
OKX ZHIPU-USDT-SWAP	+0.1914%	8h	95.020	−0.210%	$5.3M	$16.0M	25x	as long as short