Funding you earn now, next payment 04:00 UTC+0.0509%/8h= +55.7% APRpaid last 24h +0.052%
Price spread now: Bitget against SunX−0.058%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.058%, 7d avg −0.033%
=Funding pays, the price is against you. Bitget is 0.025% cheaper against SunX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.033%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.011% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | SunX ZHIPU-USDT | 102.88 | 0 | get 0.0000% / 4h | 2h 15m | $2K | $1.1M | 10x |
| Short | Bitget ZHIPUUSDT | 102.82 | 0.0509 | get 0.0509% / 8h | 6h 15m | $1.9M | $3.7M | 20x |
SunX ZHIPU-USDT
Bitget ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $106.89
- Price spread: −0.058% → −0.033%
- −$2.53
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $84.36
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage unknown: SunX: live order book, 7 min ago; Bitget: live order book, 2 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 SunX live order book, 7 min ago | 500.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.34 bp | 28.0 bp −$28 | 81.7 bp −$817 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 102.43 | −0.441% | $53K | $52K | 20x | as long as short |
| SunX ZHIPU-USDTlong | 0.0000% | 4h | 102.88 | long leg | $2K | $1.1M | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 102.71 | −0.165% | $36K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 102.31 | −0.555% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 102.76 | −0.116% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0118% | 8h | 102.75 | −0.126% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0240% | 8h | 102.89 | +0.010% | $3.0M | $11.6M | 50x | as long as short |
| Bitget ZHIPUUSDTshort | +0.0509% | 8h | 102.82 | −0.058% | $1.9M | $3.7M | 20x | |
| Lighter ZHIPU | +0.0536% | 1h | 102.76 | −0.117% | $109K | $20K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0552% | 8h | 102.88 | 0.000% | $5.2M | $16.4M | 25x | as long as short |
Aster ZHIPUUSDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Lighter ZHIPU
OKX ZHIPU-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0552% | 4h | 102.71 | −0.165% | $41K | $125K | 20x | as long as short |
| HTX ZHIPU-USDT | +0.0617% | 4h | 102.53 | −0.340% | $18K | $307K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1385% | 4h | 102.72 | −0.156% | $21.7M | $54.7M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1574% | 1h | 102.77 | −0.107% | $28.3M | $6.0M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1622% | 1h | 102.82 | −0.058% | $37K | $20K | 5x | as long as short |
| Bybit ZHIPUUSDT | +0.2085% | 8h | 102.93 | +0.049% | $387K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2237% | 4h | 101.78 | −1.068% | $20K | $154K | 10x | as long as short |
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDT
Binance ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC