ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0768%/8h= −84.1% APRnext payment −$0.96 per $10,000 · paid last 24h +0.078%

Price spread now: Ondo Perps against tradeXYZ+0.551%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.551% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.551% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ZHIPU	95.723	0.0858	pay 0.0107% / 1h	57m 17s	$27.0M	$7.8M	10x
Short	Ondo Perps ZHIPU-USD.P	96.250	0.0090	get 0.0011% / 1h	57m 17s	$33K	$23K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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 tradeXYZbpFee Ondo PerpsbpOrdersPrice spread, now +0.551%Rate

Funding earned: −$161.3
Price spread: +0.551% → 0.000%: $55.05
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$129.25
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: tradeXYZ: live order book, 12 min ago; Ondo Perps: 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 tradeXYZ live order book, 12 min ago	1.37 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	95.860	+0.143%	$1K	$755K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.710	−0.014%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0056%	1h	95.690	−0.034%	$101K	$16K	10x	as long as short
Ondo Perps ZHIPU-USD.Pshort	+0.0090%	1h	96.250	+0.551%	$33K	$23K	5x
Nado ZHIPU-PERP	+0.0100%	1h	95.676	−0.049%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.710	−0.014%	$832	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0206%	8h	95.840	+0.122%	$3.2M	$9.7M	50x	as long as short
Aevo ZHIPU-PERP	+0.0240%	1h	95.719	−0.004%	—	—	10x	as long as short
HTX ZHIPU-USDT	+0.0760%	4h	95.810	+0.091%	$20K	$355K	20x	as long as short
tradeXYZ xyz:ZHIPUlong	+0.0858%	1h	95.723	long leg	$27.0M	$7.8M	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0924%	8h	95.938	+0.224%	$53K	$52K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1020%	4h	95.770	+0.049%	$38K	$118K	20x	as long as short
Binance ZHIPUUSDT	+0.1098%	4h	95.711	−0.012%	$22.5M	$66.6M	25x	as long as short
Bybit ZHIPUUSDT	+0.1423%	8h	95.740	+0.018%	$358K	$1.5M	25x	as long as short
edgeX ZHIPUUSDC	+0.1545%	4h	96.146	+0.442%	$20K	$153K	10x	as long as short
Bitget ZHIPUUSDT	+0.1604%	8h	95.710	−0.014%	$1.7M	$4.2M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1963%	8h	95.830	+0.112%	$5.3M	$18.8M	25x	as long as short