Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Nado−0.069%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.069% cheaper against Nado than usual: you would sell low and buy high (−$7 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 | Nado ZHIPU-PERP | 105.27 | 0.0100 | pay 0.0012% / 1h | 36m 00s | $23K | $20 | 3x |
| Short | SoDEX ZHIPU-USD | 105.20 | 0.0050 | get 0.0006% / 1h | 36m 00s | $37K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$10.5
- Price spread: −0.069% → 0.000%
- −$6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$32.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Nado and SoDEX: 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 | 105.06 | −0.201% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDT | 0.0000% | 4h | 105.22 | −0.051% | $20.9M | $57.3M | 25x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 105.34 | +0.064% | $2.9M | $13.3M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.31 | +0.035% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.21 | −0.059% | $19K | $316K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0035% | 8h | 105.39 | +0.111% | $5.0M | $18.6M | 25x | as long as short |
| SoDEX ZHIPU-USDshort | +0.0050% | 1h | 105.20 | −0.069% | $37K | $3K | 10x | |
| Nado ZHIPU-PERPlong | +0.0100% | 1h | 105.27 | long leg | $23K | $20 | 3x | |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.17 | −0.097% | $41K | $130K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.20 | −0.071% | — | — | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZHIPUUSDT | +0.0121% | 8h | 105.28 | +0.007% | $1.7M | $4.4M | 20x | as long as short |
| Lighter ZHIPU | +0.0192% | 1h | 105.32 | +0.045% | $120K | $9K | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0204% | 8h | 105.18 | −0.088% | $76 | $266 | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.0275% | 4h | 105.23 | −0.045% | $21K | $150K | 10x | as long as short |
| Bybit ZHIPUUSDT | +0.0351% | 8h | 105.29 | +0.016% | $304K | $1.3M | 25x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0762% | 1h | 105.26 | −0.012% | $29.0M | $7.9M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1078% | 1h | 105.29 | +0.016% | $37K | $22K | 5x | as long as short |
SoDEX ZHIPU-USD
Aster ZHIPUUSDT
Binance ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
OKX ZHIPU-USDT-SWAP
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
Lighter ZHIPU
edgeX ZHIPUUSDC
Bybit ZHIPUUSDT
tradeXYZ xyz:ZHIPU