ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0236%/8h= −25.9% APRnext payment −$2.36 per $10,000 · paid last 24h −0.017%

Price spread now: Orderly against Bybit−0.160%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

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 −$7 a day on $10k at the current rate, and Orderly is 0.160% cheaper against Bybit than usual: you would sell low and buy high (−$16 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	Bybit ZHIPUUSDT	105.92	0.0429	pay 0.0429% / 8h	18m 04s	$306K	$1.3M	25x
Short	Orderly PERP_ZHIPU_USDC_mythos	105.75	0.0193	get 0.0193% / 8h	18m 04s	$77	$266	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee OrderlybpOrdersPrice spread, now −0.160%Rate

Funding earned: −$49.64
Price spread: −0.160% → 0.000%: −$16.05
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$82.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago	4.72 bp	44.8 bp −$45	209.8 bp −$2,098	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
Aster ZHIPUUSDT	0.0000%	8h	105.23	−0.655%	$54K	$51K	20x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	106.06	+0.132%	$2.9M	$13.4M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	106.02	+0.094%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.91	−0.009%	$19K	$316K	20x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.78	−0.132%	$38K	$3K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0071%	8h	105.92	0.000%	$5.0M	$18.8M	25x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.85	−0.070%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.83	−0.085%	$42K	$130K	20x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	105.79	−0.127%	—	—	10x	as long as short
Binance ZHIPUUSDT	+0.0124%	4h	105.75	−0.160%	$21.1M	$57.6M	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDT	+0.0148%	8h	105.92	0.000%	$1.7M	$4.4M	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythosshort	+0.0193%	8h	105.75	−0.160%	$77	$266	10x
edgeX ZHIPUUSDC	+0.0261%	4h	105.29	−0.594%	$21K	$150K	10x	as long as short
Lighter ZHIPU	+0.0288%	1h	105.87	−0.047%	$112K	$19K	10x	as long as short
Bybit ZHIPUUSDTlong	+0.0429%	8h	105.92	long leg	$306K	$1.3M	25x
tradeXYZ xyz:ZHIPU	+0.0900%	1h	105.87	−0.047%	$29.1M	$7.9M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1248%	1h	105.87	−0.047%	$37K	$22K	5x	as long as short