Funding you earn now, next payment 04:00 UTC+0.2152%/8h= +235.7% APRpaid last 24h +0.227%
Price spread now: edgeX against Lighter+0.070%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.070%, 7d avg +0.088%
=Together, before fees+0.345%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$65 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 0.382% in total (about 19.9% a year). A funding rate is set anew for every payment. 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 | Lighter ZHIPU | 95.940 | 0.0232 | pay 0.0029% / 1h | 11m 07s | $101K | $20K | 10x |
| Short | edgeX ZHIPUUSDC | 96.007 | 0.2384 | get 0.1192% / 4h | 11m 07s | $19K | $151K | 10x |
Lighter ZHIPU
edgeX ZHIPUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $451.95
- Price spread: +0.070% → +0.088%
- −$1.84
- Slippage, 4 orders
- −$100.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $340.54
- Costs to cover
- 1.096%
- Break-even
- 1.7 days
Slippage from Lighter: live order book, 28 min ago; edgeX: live order book, 45 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 Lighter live order book, 28 min ago | 26.80 bp | 27.6 bp −$28 | 49.5 bp −$495 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 45 min ago | 12.27 bp | 30.0 bp −$30 | 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 | 95.750 | −0.198% | $1K | $850K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.880 | −0.063% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.923 | −0.017% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 95.870 | −0.073% | $565 | $798 | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0131% | 1h | 95.780 | −0.167% | $36K | $20K | 5x | as long as short |
| Gate ZHIPU_USDT | +0.0164% | 8h | 95.970 | +0.031% | $3.0M | $11.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 95.918 | −0.023% | — | — | 10x | as long as short |
| Lighter ZHIPUlong | +0.0232% | 1h | 95.940 | long leg | $101K | $20K | 10x | |
| HTX ZHIPU-USDT | +0.0501% | 4h | 95.930 | −0.010% | $17K | $332K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0640% | 1h | 95.938 | −0.002% | $26.9M | $7.2M | 10x | as long as short |
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Ondo Perps ZHIPU-USD.P
Gate ZHIPU_USDT
Aevo ZHIPU-PERP
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPUShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0652% | 8h | 96.064 | +0.129% | $49K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1146% | 4h | 95.970 | +0.031% | $39K | $125K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1412% | 8h | 96.020 | +0.083% | $1.9M | $3.9M | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1607% | 4h | 95.850 | −0.094% | $22.5M | $62.2M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1822% | 8h | 96.020 | +0.083% | $5.8M | $16.6M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1836% | 8h | 95.970 | +0.031% | $275K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDCshort | +0.2384% | 4h | 96.007 | +0.070% | $19K | $151K | 10x |
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Bybit ZHIPUUSDT