Funding you earn now, next payment 00:00 UTC+0.0315%/8h= +34.5% APRnext payment +$3.15 per $10,000 · paid last 24h +0.017%
Price spread now: Bybit against Orderly+0.153%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.153% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread 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 | Orderly PERP_ZHIPU_USDC_mythos | 104.90 | 0.0203 | pay 0.0203% / 8h | 2h 01m | $76 | $266 | 10x |
| Short | Bybit ZHIPUUSDT | 105.06 | 0.0518 | get 0.0518% / 8h | 2h 01m | $303K | $1.3M | 25x |
Orderly PERP_ZHIPU_USDC_mythos
Bybit ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- $66.19
- Price spread: +0.153% → 0.000%
- $15.25
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $64.44
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 7.15 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 104.82 | −0.080% | $54K | $51K | 20x | as long as short |
| Binance ZHIPUUSDT | 0.0000% | 4h | 104.93 | +0.026% | $20.8M | $56.9M | 25x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 104.99 | +0.086% | $2K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 104.91 | +0.010% | $19K | $316K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 104.96 | +0.057% | $119K | $9K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0050% | 1h | 105.00 | +0.095% | $29.3M | $7.6M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 104.92 | +0.019% | $37K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0054% | 8h | 105.03 | +0.124% | $2.8M | $13.7M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.00 | +0.098% | $23K | $145 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 104.90 | 0.000% | $41K | $136K | 20x | as long as short |
Aster ZHIPUUSDT
Binance ZHIPUUSDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
tradeXYZ xyz:ZHIPU
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ZHIPU-PERP | +0.0104% | 1h | 104.89 | −0.014% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythoslong | +0.0203% | 8h | 104.90 | long leg | $76 | $266 | 10x | |
| OKX ZHIPU-USDT-SWAP | +0.0252% | 8h | 105.07 | +0.162% | $4.8M | $18.5M | 25x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.0315% | 1h | 104.86 | −0.038% | $40K | $19K | 5x | as long as short |
| Bitget ZHIPUUSDT | +0.0332% | 8h | 104.99 | +0.086% | $1.7M | $4.4M | 20x | as long as short |
| edgeX ZHIPUUSDC | +0.0446% | 4h | 104.97 | +0.070% | $21K | $149K | 10x | as long as short |
| Bybit ZHIPUUSDTshort | +0.0518% | 8h | 105.06 | +0.153% | $303K | $1.3M | 25x |
Aevo ZHIPU-PERP
OKX ZHIPU-USDT-SWAP
Ondo Perps ZHIPU-USD.P
Bitget ZHIPUUSDT
edgeX ZHIPUUSDC