Funding you earn now, next payment 11:00 UTC+0.0367%/8h= +40.2% APRpaid last 24h +0.160%
Price spread now: Binance against Lighter+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.116% dearer against Lighter than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZHIPU | 94.780 | 0.0032 | pay 0.0004% / 1h | 44m 11s | $100K | $16K | 10x |
| Short | Binance ZHIPUUSDT | 94.890 | 0.0399 | get 0.0200% / 4h | 1h 44m | $22.0M | $55.8M | 25x |
Lighter ZHIPU
Binance ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $77.11
- Price spread: +0.116% → 0.000%
- $11.61
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $78.71
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 1.58 bp | 7.6 bp −$8 | 9.4 bp −$94 | 148.9 bp −$14.9K | doesn't fit |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZHIPU_USDT | 0.0000% | 8h | 94.970 | +0.200% | $3.3M | $10.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 94.940 | +0.169% | $1K | $395K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 94.930 | +0.158% | $16K | $347K | 20x | as long as short |
| Lighter ZHIPUlong | +0.0032% | 1h | 94.780 | long leg | $100K | $16K | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 94.880 | +0.106% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 94.865 | +0.090% | $43K | $12K | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 94.890 | +0.116% | $39K | $274K | 20x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 94.900 | +0.127% | $824 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 94.888 | +0.114% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0137% | 8h | 94.773 | −0.008% | $54K | $33K | 20x | as long as short |
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZHIPUUSDTshort | +0.0399% | 4h | 94.890 | +0.116% | $22.0M | $55.8M | 25x | |
| Bybit ZHIPUUSDT | +0.0595% | 8h | 94.860 | +0.084% | $356K | $1.2M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0667% | 1h | 94.870 | +0.095% | $26.6M | $6.9M | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.0756% | 8h | 94.950 | +0.179% | $1.6M | $4.0M | 20x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0846% | 1h | 94.950 | +0.179% | $32K | $19K | 5x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1178% | 8h | 94.970 | +0.200% | $5.1M | $15.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1197% | 4h | 94.877 | +0.102% | $20K | $151K | 10x | as long as short |
Bybit ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bitget ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
OKX ZHIPU-USDT-SWAP
edgeX ZHIPUUSDC