Funding you earn now, next payment 08:00 UTC−0.1265%/8h= −138.5% APRnext payment −$12.65 per $10,000 · paid last 24h −0.016%
Price spread now: Orderly against Bitget−0.062%7-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
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Orderly is 0.062% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZHIPUUSDT | 96.330 | 0.1365 | pay 0.1365% / 8h | 3h 28m | $1.8M | $4.1M | 20x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 96.270 | 0.0100 | get 0.0100% / 8h | 3h 28m | $568 | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$265.65
- Price spread: −0.062% → 0.000%
- −$6.23
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$289.88
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 2.60 bp | 17.8 bp −$18 | 25.0 bp −$250 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 96.230 | −0.104% | $1K | $847K | 10x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 96.290 | −0.042% | $101K | $20K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.200 | −0.135% | $34K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0075% | 8h | 96.340 | +0.010% | $2.9M | $11.8M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.287 | −0.045% | $27K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0100% | 8h | 96.270 | −0.062% | $568 | $798 | 10x | |
| Aevo ZHIPU-PERP | +0.0208% | 1h | 96.268 | −0.064% | — | — | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0432% | 4h | 96.290 | −0.042% | $18K | $333K | 20x | as long as short |
| Aster ZHIPUUSDT | +0.0524% | 8h | 95.969 | −0.375% | $50K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0848% | 4h | 96.240 | −0.093% | $39K | $123K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZHIPU-USD.P | +0.0886% | 1h | 96.270 | −0.062% | $36K | $20K | 5x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1078% | 1h | 96.269 | −0.063% | $27.0M | $7.2M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.1136% | 4h | 96.254 | −0.079% | $22.6M | $63.4M | 25x | as long as short |
| Bitget ZHIPUUSDTlong | +0.1365% | 8h | 96.330 | long leg | $1.8M | $4.1M | 20x | |
| Bybit ZHIPUUSDT | +0.1513% | 8h | 96.350 | +0.021% | $270K | $1.4M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1766% | 8h | 96.350 | +0.021% | $5.8M | $17.1M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1966% | 4h | 96.270 | −0.062% | $19K | $151K | 10x | as long as short |
Bitget ZHIPUUSDT
SunX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
HTX ZHIPU-USDT
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
edgeX ZHIPUUSDC