Funding you earn now, next payment 02:00 UTC+0.0932%/8h= +102.1% APRnext payment +$1.17 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Nado+0.248%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.248% dearer against Nado than usual: you sell high and buy low: +$25 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 | Nado ZHIPU-PERP | 106.38 | 0.0100 | pay 0.0012% / 1h | 39m 36s | $23K | $20 | 3x |
| Short | Lighter ZHIPU | 106.64 | 0.1032 | get 0.0129% / 1h | 39m 36s | $113K | $20K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- $195.72
- Price spread: +0.248% → 0.000%
- $24.8
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $213.52
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Lighter: live order book, 10 min ago. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 10 min ago | 46.37 bp | 50.5 bp −$51 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
Nado: 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 | 106.34 | −0.037% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 106.56 | +0.173% | $2K | $1.1M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.38 | +0.004% | $38K | $3K | 10x | as long as short |
| Nado ZHIPU-PERPlong | +0.0100% | 1h | 106.38 | long leg | $23K | $20 | 3x | |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.50 | +0.117% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0166% | 8h | 106.19 | −0.175% | $2.9M | $10.4M | 50x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0207% | 8h | 106.41 | +0.032% | $55 | $266 | 10x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0414% | 8h | 106.29 | −0.081% | $5.1M | $18.2M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.0474% | 8h | 106.29 | −0.081% | $2.0M | $4.4M | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0506% | 4h | 106.53 | +0.145% | $44K | $128K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ZHIPUshort | +0.1032% | 1h | 106.64 | +0.248% | $113K | $20K | 10x | |
| HTX ZHIPU-USDT | +0.1309% | 4h | 106.36 | −0.015% | $19K | $308K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1401% | 4h | 106.28 | −0.093% | $21.7M | $56.2M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1521% | 4h | 106.79 | +0.393% | $21K | $151K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2258% | 1h | 106.39 | +0.013% | $29.0M | $6.9M | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.2591% | 8h | 106.36 | −0.015% | $404K | $1.4M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.3141% | 1h | 106.71 | +0.314% | $37K | $23K | 5x | as long as short |
Lighter ZHIPU
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDT
KuCoin ZHIPUUSDTM
HTX ZHIPU-USDT
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT