Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%

Price spread now: Orderly against Nado+0.238%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Orderly

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.238% dearer against Nado than usual: you sell high and buy low, +$24 on $10k if it 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	94.694	0.0100	pay 0.0012% / 1h	17m 51s	$43K	$12K	3x
Short	Orderly PERP_ZHIPU_USDC_mythos	94.920	0.0100	get 0.0100% / 8h	1h 17m	$825	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Nado. 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 NadobpFee OrderlybpOrdersPrice spread, now +0.238%Rate

Funding earned: $0
Price spread: +0.238% → 0.000%: $23.84
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: $10.84
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Nado and 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	95.060	+0.386%	$2K	$769K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.940	+0.260%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0080%	1h	94.990	+0.312%	$100K	$17K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	94.694	long leg	$43K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythosshort	+0.0100%	8h	94.920	+0.238%	$825	$1K	10x
Gate ZHIPU_USDT	+0.0184%	8h	95.240	+0.576%	$3.2M	$11.9M	50x	as long as short
Aevo ZHIPU-PERP	+0.0240%	1h	94.962	+0.282%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0540%	1h	95.220	+0.555%	$33K	$23K	5x	as long as short
HTX ZHIPU-USDT	+0.0863%	4h	94.990	+0.312%	$21K	$350K	20x	as long as short
Aster ZHIPUUSDT	+0.0908%	8h	94.970	+0.291%	$53K	$53K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ZHIPU	+0.0933%	1h	95.111	+0.440%	$26.8M	$7.7M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0986%	4h	94.910	+0.228%	$38K	$119K	20x	as long as short
Binance ZHIPUUSDT	+0.1076%	4h	95.180	+0.513%	$22.4M	$66.3M	25x	as long as short
Bybit ZHIPUUSDT	+0.1473%	8h	95.220	+0.555%	$357K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1612%	8h	95.200	+0.534%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1938%	4h	95.365	+0.708%	$20K	$154K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1986%	8h	95.300	+0.640%	$5.4M	$18.5M	25x	as long as short