Funding you earn now, next payment 02:00 UTC−0.1056%/8h= −115.7% APRpaid last 24h −0.160%
Price spread now: Bitget against tradeXYZ−0.166%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days−0.475%−$47 on $10k
+Price spread, last 7 days+0.183%+$18 · spread now −0.166%, 7d avg −0.040%
=Together, before fees−0.291%+ Points / potential airdroptradeXYZ: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Bitget is 0.127% cheaper against tradeXYZ than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.475% in total (about -24.7% 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 | tradeXYZ xyz:ZHIPU | 102.26 | 0.1605 | pay 0.0201% / 1h | 13m 25s | $28.2M | $6.1M | 10x |
| Short | Bitget ZHIPUUSDT | 102.09 | 0.0549 | get 0.0549% / 8h | 6h 13m | $2.0M | $3.8M | 20x |
tradeXYZ xyz:ZHIPU
Bitget ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$221.86
- Price spread: −0.166% → −0.040%
- −$12.66
- Slippage, 4 orders
- −$46.71
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$311.22
- Costs to cover
- 0.767%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Bitget: live order book, 4 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 tradeXYZ live order book, 6 min ago | 4.41 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 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 | 101.99 | −0.264% | $52K | $52K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 102.36 | +0.098% | $2K | $1.0M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 102.03 | −0.225% | $36K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 101.83 | −0.417% | $26K | $2K | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 102.07 | −0.185% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0112% | 8h | 101.99 | −0.264% | $53 | $266 | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0224% | 8h | 102.31 | +0.049% | $3.0M | $11.7M | 50x | as long as short |
| Bitget ZHIPUUSDTshort | +0.0549% | 8h | 102.09 | −0.166% | $2.0M | $3.8M | 20x | |
| Lighter ZHIPU | +0.0568% | 1h | 102.18 | −0.078% | $108K | $20K | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0592% | 4h | 102.25 | −0.010% | $41K | $124K | 20x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Gate ZHIPU_USDT
Lighter ZHIPU
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.0606% | 8h | 102.24 | −0.020% | $5.2M | $16.3M | 25x | as long as short |
| HTX ZHIPU-USDT | +0.0618% | 4h | 102.22 | −0.039% | $18K | $307K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1439% | 4h | 102.09 | −0.166% | $21.6M | $55.3M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1531% | 1h | 102.42 | +0.156% | $37K | $20K | 5x | as long as short |
| tradeXYZ xyz:ZHIPUlong | +0.1605% | 1h | 102.26 | long leg | $28.2M | $6.1M | 10x | |
| Bybit ZHIPUUSDT | +0.2123% | 8h | 102.08 | −0.176% | $383K | $1.3M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.2207% | 4h | 102.93 | +0.655% | $20K | $154K | 10x | as long as short |
OKX ZHIPU-USDT-SWAP
HTX ZHIPU-USDT
Binance ZHIPUUSDT
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC