ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1559%/8h= −170.7% APRnext payment −$1.95 per $10,000 · paid last 24h −0.264%

Price spread now: Nado against Ondo Perps−0.197%68s7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on Nado

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 airdropOndo Perps: Active · Nado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and Nado is 0.197% cheaper against Ondo Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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	Ondo Perps ZHIPU-USD.P	96.370	0.1659	pay 0.0207% / 1h	52m 47s	$33K	$25K	5x
Short	Nado ZHIPU-PERP	96.180	0.0100	get 0.0012% / 1h	52m 47s	$44K	$12K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee NadobpOrdersPrice spread, now −0.197%Rate

Funding earned: −$327.43
Price spread: −0.197% → 0.000%: −$19.72
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$359.15
Costs to cover: 0.120%
Break-even: never at this rate

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

Ondo Perps and 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
SunX ZHIPU-USDT	0.0000%	4h	96.660	+0.301%	$1K	$845K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.440	+0.073%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0088%	1h	96.510	+0.145%	$102K	$17K	10x	as long as short
Nado ZHIPU-PERPshort	+0.0100%	1h	96.180	−0.197%	$44K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.470	+0.104%	$838	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0179%	8h	96.590	+0.228%	$3.2M	$11.7M	50x	as long as short
Aevo ZHIPU-PERP	+0.0280%	1h	96.492	+0.126%	—	—	10x	as long as short
Aster ZHIPUUSDT	+0.0916%	8h	96.400	+0.031%	$53K	$58K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0998%	4h	96.470	+0.104%	$39K	$121K	20x	as long as short
Binance ZHIPUUSDT	+0.1210%	4h	96.520	+0.156%	$22.9M	$69.1M	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.1234%	4h	96.520	+0.156%	$21K	$351K	20x	as long as short
Bybit ZHIPUUSDT	+0.1606%	8h	96.560	+0.197%	$360K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1618%	8h	96.620	+0.259%	$1.7M	$4.4M	20x	as long as short
Ondo Perps ZHIPU-USD.Plong	+0.1659%	1h	96.370	long leg	$33K	$25K	5x
edgeX ZHIPUUSDC	+0.1671%	4h	96.423	+0.055%	$21K	$154K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.1868%	1h	96.502	+0.137%	$27.2M	$8.0M	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.2020%	8h	96.600	+0.239%	$5.5M	$18.8M	25x	as long as short