Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1257%/8h= +137.7% APRpaid last 24h −0.226%
Price spread now: Bitget against Ondo Perps−0.487%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Bitget is 0.487% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.487% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 31 hours of funding at the current rate (+$38 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ZHIPU-USD.P96.6000.0190pay 0.0024% / 1h18m 49s$36K$20K5x
ShortBitget ZHIPUUSDT96.1300.1447get 0.1447% / 8h4h 18m$1.9M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Ondo Perps. 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

Funding earned
$264.05
Price spread: −0.487% → 0.000%
−$48.65
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
$198.4
Costs to cover
0.170%
Break-even
1.7 days
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Bitget live order book, 4 min ago3.62 bp24.6 bp −$2555.1 bp −$551doesn't fitdoesn't fit
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h96.350−0.259%$1K$850K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h96.180−0.435%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.177−0.438%$27K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.180−0.435%$567$79810xas long as short
Ondo Perps ZHIPU-USD.Plong+0.0190%1h96.600long leg$36K$20K5x
Gate ZHIPU_USDT+0.0203%8h96.070−0.549%$3.0M$11.6M50xas long as short
Aevo ZHIPU-PERP+0.0208%1h96.232−0.381%10xas long as short
Lighter ZHIPU+0.0320%1h96.070−0.549%$101K$20K10xas long as short
HTX ZHIPU-USDT+0.0614%4h96.160−0.455%$17K$330K20xas long as short
Aster ZHIPUUSDT+0.0673%8h96.219−0.395%$49K$51K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.0727%1h96.060−0.559%$27.0M$7.1M10xas long as short
KuCoin ZHIPUUSDTM+0.1258%4h96.110−0.507%$39K$125K20xas long as short
Bitget ZHIPUUSDTshort+0.1447%8h96.130−0.487%$1.9M$3.9M20x
Binance ZHIPUUSDT+0.1744%4h96.005−0.616%$22.5M$61.7M25xas long as short
OKX ZHIPU-USDT-SWAP+0.1837%8h96.140−0.476%$5.7M$16.4M25xas long as short
Bybit ZHIPUUSDT+0.1985%8h96.090−0.528%$274K$1.4M25xas long as short
edgeX ZHIPUUSDC+0.2402%4h96.398−0.209%$19K$150K10xas long as short