ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0806%/8h= +88.3% APRnext payment +$1.01 per $10,000 · paid last 24h +0.210%

Price spread now: Ondo Perps against Lighter+0.084%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Ondo Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Ondo Perps is 0.084% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ZHIPU	94.780	0.0032	pay 0.0004% / 1h	46m 00s	$100K	$16K	10x
Short	Ondo Perps ZHIPU-USD.P	94.860	0.0838	get 0.0105% / 1h	46m 00s	$32K	$19K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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 LighterbpFee Ondo PerpsbpOrdersPrice spread, now +0.084%Rate

Funding earned: $169.34
Price spread: +0.084% → 0.000%: $8.44
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $172.78
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Lighter: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Lighter and 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 exchanges

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
Gate ZHIPU_USDT	0.0000%	8h	94.940	+0.169%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.940	+0.169%	$1K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.890	+0.116%	$16K	$347K	20x	as long as short
Lighter ZHIPUlong	+0.0032%	1h	94.780	long leg	$100K	$16K	10x
SoDEX ZHIPU-USD	+0.0050%	1h	94.840	+0.063%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.898	+0.125%	$43K	$12K	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.860	+0.084%	$39K	$272K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.880	+0.106%	$824	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	94.871	+0.096%	—	—	10x	as long as short
Aster ZHIPUUSDT	+0.0142%	8h	94.765	−0.016%	$54K	$33K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0399%	4h	94.860	+0.084%	$22.0M	$55.8M	25x	as long as short
Bybit ZHIPUUSDT	+0.0595%	8h	94.860	+0.084%	$356K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0670%	1h	94.864	+0.089%	$26.6M	$6.9M	10x	as long as short
Bitget ZHIPUUSDT	+0.0766%	8h	94.930	+0.158%	$1.6M	$4.0M	20x	as long as short
edgeX ZHIPUUSDC	+0.0832%	4h	94.873	+0.098%	$20K	$151K	10x	as long as short
Ondo Perps ZHIPU-USD.Pshort	+0.0838%	1h	94.860	+0.084%	$32K	$19K	5x
OKX ZHIPU-USDT-SWAP	+0.1186%	8h	94.960	+0.190%	$5.1M	$15.3M	25x	as long as short