Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h −0.118%
Price spread now: Orderly against Binance−0.255%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.255% cheaper against Binance than usual: you would sell low and buy high (spread −0.255% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHIPUUSDT | 105.90 | 0.0124 | pay 0.0062% / 4h | 18m 41s | $21.1M | $57.6M | 25x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 105.63 | 0.0193 | get 0.0193% / 8h | 18m 41s | $77 | $266 | 10x |
Binance ZHIPUUSDT
Orderly PERP_ZHIPU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- $14.66
- Price spread: −0.255% → 0.000%
- −$25.48
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$26.83
- Costs to cover
- 0.160%
- Break-even
- 19.8 days
Slippage unknown: Binance: live order book, 9 min ago; Orderly: 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 Binance live order book, 9 min ago | 1.43 bp | 12.7 bp −$13 | 44.7 bp −$447 | 170.7 bp −$17.1K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 105.21 | −0.648% | $54K | $51K | 20x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 106.08 | +0.170% | $2.9M | $13.4M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.94 | +0.038% | $2K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.85 | −0.047% | $19K | $316K | 20x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.69 | −0.198% | $38K | $3K | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0060% | 8h | 106.18 | +0.265% | $5.0M | $18.8M | 25x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.76 | −0.136% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.79 | −0.104% | $41K | $130K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.64 | −0.241% | — | — | 10x | as long as short |
| Binance ZHIPUUSDTlong | +0.0124% | 4h | 105.90 | long leg | $21.1M | $57.6M | 25x |
Aster ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
SoDEX ZHIPU-USD
OKX ZHIPU-USDT-SWAP
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0148% | 8h | 105.97 | +0.066% | $1.7M | $4.4M | 20x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0193% | 8h | 105.63 | −0.255% | $77 | $266 | 10x | |
| Lighter ZHIPU | +0.0256% | 1h | 105.81 | −0.085% | $112K | $19K | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.0261% | 4h | 105.29 | −0.575% | $21K | $150K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.0429% | 8h | 106.00 | +0.095% | $307K | $1.3M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0859% | 1h | 105.82 | −0.075% | $29.1M | $7.9M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1248% | 1h | 105.87 | −0.028% | $37K | $22K | 5x | as long as short |
Bitget ZHIPUUSDT
Lighter ZHIPU
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P