Funding you earn now, next payment 04:00 UTC+0.1203%/8h= +131.7% APRnext payment +$6.02 per $10,000 · paid last 24h +0.022%
Price spread now: HTX against SunX−0.189%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2842.837% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.189%, 7d avg −0.094%
=Funding pays, the price is against you. HTX is 0.096% cheaper against SunX than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of −0.094%). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 7 days funding on this pair cost −0.113%, 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 -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.02 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 | 100.34 | 0 | get 0.0000% / 4h | 1h 25m | $2K | $922K | 10x |
| Short | HTX ZHIPU-USDT | 100.15 | 0.1203 | get 0.0602% / 4h | 1h 25m | $18K | $321K | 20x |
SunX ZHIPU-USDT
HTX ZHIPU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $252.65
- Price spread: −0.189% → −0.094%
- −$9.56
- Slippage, 4 orders
- −$263.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$40.62
- Costs to cover
- 2.837%
- Break-even
- 8.1 days
Slippage from SunX: live order book, 27 min ago; HTX: live order book, 37 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, 27 min ago | 31.72 bp | 110.6 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 min ago | 6.43 bp | 17.5 bp −$18 | 44.0 bp −$440 | 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-USDTlong | 0.0000% | 4h | 100.34 | long leg | $2K | $922K | 10x | |
| Nado ZHIPU-PERP | +0.0100% | 1h | 99.766 | −0.572% | $28K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 100.19 | −0.149% | $52 | $266 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 100.33 | −0.012% | — | — | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0122% | 1h | 100.24 | −0.100% | $36K | $3K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0401% | 8h | 99.867 | −0.471% | $51K | $53K | 20x | as long as short |
| Gate ZHIPU_USDT | +0.0436% | 8h | 100.43 | +0.090% | $3.2M | $10.8M | 50x | as long as short |
| Bitget ZHIPUUSDT | +0.1195% | 8h | 100.40 | +0.060% | $2.0M | $3.7M | 20x | as long as short |
| HTX ZHIPU-USDTshort | +0.1203% | 4h | 100.15 | −0.189% | $18K | $321K | 20x | |
| Ondo Perps ZHIPU-USD.P | +0.1289% | 1h | 100.14 | −0.199% | $36K | $18K | 5x | as long as short |
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
SoDEX ZHIPU-USD
Aster ZHIPUUSDT
Gate ZHIPU_USDT
Bitget ZHIPUUSDT
Ondo Perps ZHIPU-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.1377% | 8h | 100.37 | +0.030% | $5.4M | $15.6M | 25x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1382% | 4h | 100.09 | −0.249% | $40K | $121K | 20x | as long as short |
| Lighter ZHIPU | +0.1528% | 1h | 100.32 | −0.020% | $106K | $20K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2085% | 1h | 100.19 | −0.149% | $28.2M | $6.9M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.2211% | 4h | 100.33 | −0.010% | $22.7M | $56.8M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2655% | 4h | 100.16 | −0.178% | $20K | $149K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2959% | 8h | 100.32 | −0.020% | $374K | $1.3M | 25x | as long as short |
OKX ZHIPU-USDT-SWAP
KuCoin ZHIPUUSDTM
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT