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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$1.49 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Gate−0.114%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.114% cheaper against Gate than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.5 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZHIPU_USDT105.640get 0.0000% / 8h7h 53m$2.9M$13.0M50x
ShortOrderly PERP_ZHIPU_USDC_mythos105.520.0149get 0.0149% / 8h7h 53m$54$26610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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
$31.34
Price spread: −0.114% → 0.000%
−$11.36
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.02
Costs to cover
0.210%
Break-even
7.2 days
Slippage unknown: Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago5.68 bp16.0 bp −$1654.3 bp −$54384.4 bp −$8,439doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT0.0000%8h105.52−0.113%$54K$51K20xas long as short
Bybit ZHIPUUSDT0.0000%8h105.63−0.009%$300K$1.3M25xas long as short
Gate ZHIPU_USDTlong0.0000%8h105.64long leg$2.9M$13.0M50x
SunX ZHIPU-USDT0.0000%4h105.69+0.047%$1K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h105.55−0.085%$19K$314K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h105.60−0.038%$38K$3K10xas long as short
Lighter ZHIPU+0.0088%1h105.65+0.009%$112K$19K10xas long as short
Nado ZHIPU-PERP+0.0100%1h105.62−0.023%$23K$203xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h105.56−0.076%$41K$130K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h105.71+0.069%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZHIPU_USDC_mythosshort+0.0149%8h105.52−0.114%$54$26610x
OKX ZHIPU-USDT-SWAP+0.0170%8h105.68+0.038%$5.0M$18.6M25xas long as short
Bitget ZHIPUUSDT+0.0262%8h105.61−0.028%$1.7M$4.5M20xas long as short
tradeXYZ xyz:ZHIPU+0.0444%1h105.62−0.019%$29.0M$7.9M10xas long as short
Binance ZHIPUUSDT+0.0601%4h105.52−0.114%$21.1M$57.0M25xas long as short
Ondo Perps ZHIPU-USD.P+0.0998%1h105.63−0.009%$37K$22K5xas long as short
edgeX ZHIPUUSDC+0.1200%4h105.63−0.012%$21K$150K10xas long as short