ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1855%/8h= −203.1% APRnext payment −$18.55 per $10,000 · paid last 24h −0.014%

Price spread now: Orderly against OKX−0.052%50s7-day average — · you buy dearer than you sell

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

Long on OKX Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and Orderly is 0.052% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZHIPU-USDT-SWAP	95.260	0.1955	pay 0.1955% / 8h	49m 30s	$5.3M	$17.9M	25x
Short	Orderly PERP_ZHIPU_USDC_mythos	95.210	0.0100	get 0.0100% / 8h	49m 30s	$827	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now −0.052%Rate

Funding earned: −$389.54
Price spread: −0.052% → 0.000%: −$5.25
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$410.79
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	2.10 bp	13.2 bp −$13	86.7 bp −$867	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZHIPU-USDT	0.0000%	4h	95.320	+0.063%	$1K	$690K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.200	−0.063%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.940	−0.336%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythosshort	+0.0100%	8h	95.210	−0.052%	$827	$798	10x
Lighter ZHIPU	+0.0112%	1h	95.150	−0.115%	$100K	$16K	10x	as long as short
Gate ZHIPU_USDT	+0.0206%	8h	95.250	−0.010%	$3.2M	$9.8M	50x	as long as short
Aevo ZHIPU-PERP	+0.0232%	1h	95.231	−0.031%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0269%	1h	95.260	0.000%	$33K	$23K	5x	as long as short
HTX ZHIPU-USDT	+0.0736%	4h	95.260	0.000%	$20K	$353K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0740%	1h	95.090	−0.178%	$26.9M	$7.4M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0922%	8h	95.249	−0.012%	$53K	$52K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1036%	4h	95.130	−0.136%	$38K	$115K	20x	as long as short
Binance ZHIPUUSDT	+0.1092%	4h	95.105	−0.163%	$22.4M	$63.2M	25x	as long as short
Bybit ZHIPUUSDT	+0.1414%	8h	95.160	−0.105%	$355K	$1.4M	25x	as long as short
Bitget ZHIPUUSDT	+0.1592%	8h	95.160	−0.105%	$1.7M	$4.1M	20x	as long as short
OKX ZHIPU-USDT-SWAPlong	+0.1955%	8h	95.260	long leg	$5.3M	$17.9M	25x
edgeX ZHIPUUSDC	+0.2093%	4h	95.220	−0.042%	$20K	$154K	10x	as long as short