ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.89 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against Orderly+0.227%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on OKX

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

The price spread pays, funding is against you. OKX is 0.227% dearer against Orderly than usual: you sell high and buy low (spread +0.227% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ZHIPU_USDC_mythos	105.70	0.0186	pay 0.0186% / 8h	15m 17s	$77	$266	10x
Short	OKX ZHIPU-USDT-SWAP	105.94	0.0096	get 0.0096% / 8h	15m 17s	$5.0M	$18.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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 OrderlybpFee OKXbpOrdersPrice spread, now +0.227%Rate

Funding earned: −$18.75
Price spread: +0.227% → 0.000%: $22.71
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$12.04
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	0.47 bp	9.1 bp −$9	56.2 bp −$562	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	105.28	−0.398%	$54K	$51K	20x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.76	+0.057%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.79	+0.085%	$19K	$316K	20x	as long as short
Gate ZHIPU_USDT	+0.0006%	8h	105.90	+0.189%	$2.9M	$13.4M	50x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.76	+0.057%	$38K	$3K	10x	as long as short
OKX ZHIPU-USDT-SWAPshort	+0.0096%	8h	105.94	+0.227%	$5.0M	$18.8M	25x
Nado ZHIPU-PERP	+0.0100%	1h	105.87	+0.156%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.77	+0.066%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	105.71	+0.012%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythoslong	+0.0186%	8h	105.70	long leg	$77	$266	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDT	+0.0186%	8h	105.81	+0.104%	$1.7M	$4.4M	20x	as long as short
Binance ZHIPUUSDT	+0.0243%	4h	105.72	+0.020%	$21.1M	$57.7M	25x	as long as short
Lighter ZHIPU	+0.0328%	1h	105.80	+0.095%	$112K	$19K	10x	as long as short
Bybit ZHIPUUSDT	+0.0474%	8h	105.87	+0.161%	$306K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.0875%	4h	105.86	+0.147%	$21K	$151K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.0988%	1h	105.79	+0.085%	$29.1M	$7.9M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1362%	1h	105.72	+0.019%	$37K	$22K	5x	as long as short