Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.038%
Price spread now: SoDEX against Lighter−0.179%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.179% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZHIPU | 106.31 | 0.0096 | pay 0.0012% / 1h | 0m 23s | $112K | $21K | 10x |
| Short | SoDEX ZHIPU-USD | 106.12 | 0.0050 | get 0.0006% / 1h | 0m 23s | $38K | $3K | 10x |
Lighter ZHIPU
SoDEX ZHIPU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$9.66
- Price spread: −0.179% → 0.000%
- −$17.87
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$35.53
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 54 min ago; SoDEX: no order-book sample. 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 live order book, 54 min ago | 13.25 bp | 44.6 bp −$45 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 105.91 | −0.378% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 106.28 | −0.028% | $2K | $1.2M | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0030% | 8h | 106.29 | −0.019% | $2.9M | $13.3M | 50x | as long as short |
| SoDEX ZHIPU-USDshort | +0.0050% | 1h | 106.12 | −0.179% | $38K | $3K | 10x | |
| Lighter ZHIPUlong | +0.0096% | 1h | 106.31 | long leg | $112K | $21K | 10x | |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.24 | −0.068% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.21 | −0.094% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0172% | 8h | 106.17 | −0.132% | $55 | $266 | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0242% | 4h | 106.24 | −0.066% | $42K | $128K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0292% | 8h | 106.38 | +0.066% | $5.1M | $18.8M | 25x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
Gate ZHIPU_USDT
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0317% | 8h | 106.24 | −0.066% | $1.8M | $4.7M | 20x | as long as short |
| HTX ZHIPU-USDT | +0.0788% | 4h | 106.13 | −0.169% | $19K | $315K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.0947% | 4h | 106.17 | −0.131% | $21.3M | $57.2M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0965% | 1h | 106.25 | −0.056% | $29.1M | $7.9M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1601% | 1h | 106.34 | +0.028% | $37K | $22K | 5x | as long as short |
| edgeX ZHIPUUSDC | +0.1820% | 4h | 106.22 | −0.088% | $21K | $151K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2133% | 8h | 106.23 | −0.075% | $405K | $1.4M | 25x | as long as short |
Bitget ZHIPUUSDT
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT