Funding you earn now, next payment 04:00 UTC+0.1698%/8h= +186.0% APRnext payment +$8.49 per $10,000 · paid last 24h +0.312%
Price spread now: edgeX against SunX−0.043%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$377as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4314.308% of the position
Funding, last 7 days+0.539%+$54 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.043%, 7d avg +0.036%
=Together, before fees+0.555%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.079% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.036%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$51 a day). At the pace of the last 7 days (+0.539% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.539% in total (about 28.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.49 per $10,000. 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 | 106.41 | 0 | get 0.0000% / 4h | 2h 57m | $2K | $1.2M | 10x |
| Short | edgeX ZHIPUUSDC | 106.36 | 0.1698 | get 0.0849% / 4h | 2h 57m | $21K | $150K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $356.67
- Price spread: −0.043% → +0.036%
- −$7.92
- Slippage, 4 orders
- −$413.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$82.1
- Costs to cover
- 4.308%
- Break-even
- 8.6 days
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 9 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 SunX live order book, 6 min ago | 30.13 bp | 108.3 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 9 min ago | 11.27 bp | 91.6 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 105.95 | −0.431% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDTlong | 0.0000% | 4h | 106.41 | long leg | $2K | $1.2M | 10x | |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.33 | −0.075% | $38K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0081% | 8h | 106.41 | 0.000% | $3.0M | $10.1M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.41 | −0.003% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.32 | −0.085% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0173% | 8h | 106.30 | −0.103% | $55 | $266 | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0280% | 4h | 106.11 | −0.282% | $41K | $128K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0305% | 8h | 106.73 | +0.301% | $5.1M | $18.9M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.0334% | 8h | 106.39 | −0.019% | $1.9M | $4.7M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.0862% | 4h | 106.21 | −0.188% | $19K | $308K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1003% | 4h | 106.31 | −0.095% | $21.4M | $57.1M | 25x | as long as short |
| Lighter ZHIPU | +0.1360% | 1h | 106.39 | −0.019% | $113K | $20K | 10x | as long as short |
| edgeX ZHIPUUSDCshort | +0.1698% | 4h | 106.36 | −0.043% | $21K | $150K | 10x | |
| tradeXYZ xyz:ZHIPU | +0.2048% | 1h | 106.36 | −0.047% | $29.1M | $7.9M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2249% | 8h | 106.50 | +0.085% | $406K | $1.4M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.3139% | 1h | 106.29 | −0.113% | $37K | $22K | 5x | as long as short |
SunX ZHIPU-USDT
edgeX ZHIPUUSDC
Aster ZHIPUUSDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDT
HTX ZHIPU-USDT
Binance ZHIPUUSDT
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT