Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0751%/8h= −82.2% APRpaid last 24h +0.232%
Price spread now: Ondo Perps against Bitget+0.021%50s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.021% dearer against Bitget than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 2 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZHIPUUSDT95.0000.1278pay 0.1278% / 8h2h 28m$1.7M$4.3M20x
ShortOndo Perps ZHIPU-USD.P95.0200.0527get 0.0066% / 1h28m 53s$33K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$157.67
Price spread: +0.021% → 0.000%
$2.11
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$172.56
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago3.67 bp26.2 bp −$2655.2 bp −$552doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h95.280+0.295%$2K$850K10xas long as short
Gate ZHIPU_USDT+0.0011%8h95.030+0.032%$2.9M$12.1M50xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.040+0.042%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.679−0.338%$35K$8K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h95.030+0.032%$826$1K10xas long as short
Aevo ZHIPU-PERP+0.0168%1h95.011+0.012%10xas long as short
HTX ZHIPU-USDT+0.0173%4h95.050+0.053%$22K$350K20xas long as short
Lighter ZHIPU+0.0360%1h94.980−0.021%$100K$20K10xas long as short
KuCoin ZHIPUUSDTM+0.0430%4h95.0000.000%$38K$121K20xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0527%1h95.020+0.021%$33K$25K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0537%8h95.160+0.168%$50K$57K20xas long as short
Binance ZHIPUUSDT+0.0667%4h94.970−0.032%$22.7M$67.9M25xas long as short
tradeXYZ xyz:ZHIPU+0.0966%1h94.883−0.123%$26.7M$7.9M10xas long as short
Bybit ZHIPUUSDT+0.1173%8h94.970−0.032%$346K$1.5M25xas long as short
Bitget ZHIPUUSDTlong+0.1278%8h95.000long leg$1.7M$4.3M20x
edgeX ZHIPUUSDC+0.1354%4h95.072+0.076%$20K$154K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1683%8h95.0000.000%$5.5M$18.1M25xas long as short