ZHIPU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexZHIPUUSDT	81.830	+0.0048	pay 0.0006% / 1h	12m 31s	$105K	$234K	20x	Long Popdex
SHORT	BitgetZHIPUUSDT	81.940	0	0.0000% / 8h	1h 12m	$5.1M	$6.1M	20x	Short Bitget

Price gap+0.134%

Funding gap−0.0048% /8h

Funding costs $1 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$44−0.0048% /8h now · paid +0.442% over the last 7D

Price−$2spread +0.134% now, avg +0.153% → −0.019% if it goes back

Costs−$630.628% of $10k · taker + slippage, in and out

Result−$21−0.21%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.134%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ZHIPU on 17 exchanges

lowest funding first

Before you open

0 ok · 4 to watch

Watch: Thin at this size18.4 / 12.7 bp
At $10k entering Popdex costs 18.4 bp, fee and slippage, 1.5× Bitget’s.
Note: Margin at max leverage$500 + $500
Popdex 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Bitget: 3 payments, $0.00.
Note: Gap at its usual level+0.134% vs +0.153%
The price leg adds little either way.
Watch: Long leg is thinner$105K vs $5.1M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · Bitget Yes
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0224%/8h × 21 periods+$47.04

Price spread+0.134% → +0.153% (7d avg)−$1.86

Slippage, 4 orderslive order books−$44.43

Fee Popdex bp × 2 orders−$6.40

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$17.66

Costs to cover0.628%Break-even9.6 days

Slippage: Popdex: live order book, 21 min ago; Bitget: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.8318.4 bp−$18doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBitget2.4412.7 bp−$1336.2 bp−$362110.4 bp−$11.0Kdoesn’t fit

Closing costs about the same again.

ZHIPU news

posts that mention ZHIPU, from every exchangeSearch all news →

09-23 02:03

SoDEX

Listing

📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗