ZHIPU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexZHIPUUSDT	65.120	+0.8144	pay 0.1018% / 1h	23m 45s	$103K	$213K	20x	Long Popdex
SHORT	OKXZHIPU-USDT-SWAP	65.200	+0.0817	get 0.0817% / 8h	23m 45s	$4.7M	$2.2M	25x	Short OKX

Price gap+0.123%

Funding gap−0.7327% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $220 a day and eats that in about under an hour.

If you open now and hold

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

Funding+$75−0.7327% /8h now · paid +0.751% over the last 7D

Price+$9spread +0.123% now, avg +0.036% → +0.087% if it goes back

Costs−$750.745% of $10k · taker + slippage, in and out

Result+$9+0.09%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.751% in total, about +0.0358%/8h on average.

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+0.123%

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 21 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size18.0 / 11.4 bp
At $10k entering Popdex costs 18.0 bp, fee and slippage, 1.6× OKX’s.
Note: Margin at max leverage$500 + $400
Popdex 20x, OKX 25x. 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: −$219.82Long Popdex: 24 payments, −$244.32; short OKX: 3 payments, +$24.50.
OK: Entry gap works for you+0.123% vs +0.036%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$103K vs $4.7M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · OKX Yes
Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0358%/8h × 21 periods+$75.12

Price spread+0.123% → +0.036% (7d avg)+$8.69

Slippage, 4 orderslive order books−$58.14

Fee Popdex bp × 2 orders−$6.40

Fee OKX bp × 2 orders−$10.00

Net · 7 days · $10k+$9.27

Costs to cover0.745%Break-even6.1 days

Slippage: Popdex: live order book, 43 min ago; OKX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex3.1118.0 bp−$1880.6 bp−$806doesn’t fitdoesn’t fit

SELL · SHORTOKX0.7711.4 bp−$1168.8 bp−$688doesn’t fitdoesn’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 ↗