ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.37 per $10,000 · paid last 24h −0.154%

Price spread now: HTX against Binance+0.001%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$810.806% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.001%, 7d avg +0.011%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZHIPUUSDT	96.199	0.1006	pay 0.0503% / 4h	2h 07m	$22.8M	$69.1M	25x
Short	HTX ZHIPU-USDT	96.200	0.0931	get 0.0466% / 4h	2h 07m	$20K	$353K	20x

Funding history

latest

Range statsloading…

HTX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee HTXbpOrdersPrice spread, now +0.001%Rate

Slippage from Binance: live order book, 5 min ago; HTX: live order book, 40 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 5 min ago	1.55 bp	11.4 bp −$11	35.1 bp −$351	100.6 bp −$10.1K	doesn't fit
Sell HTX live order book, 40 min ago	9.01 bp	43.7 bp −$44	59.5 bp −$595	doesn't fit	doesn't fit

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	96.500	+0.313%	$1K	$850K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.150	−0.051%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.891	−0.320%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.160	−0.041%	$835	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0115%	8h	96.350	+0.157%	$3.2M	$12.5M	50x	as long as short
Aevo ZHIPU-PERP	+0.0224%	1h	96.191	−0.008%	—	—	10x	as long as short
Lighter ZHIPU	+0.0488%	1h	96.110	−0.093%	$101K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0734%	4h	96.230	+0.032%	$39K	$121K	20x	as long as short
Aster ZHIPUUSDT	+0.0772%	8h	96.351	+0.158%	$53K	$57K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0878%	1h	96.790	+0.614%	$33K	$25K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDTshort	+0.0931%	4h	96.200	+0.001%	$20K	$353K	20x
Binance ZHIPUUSDTlong	+0.1006%	4h	96.199	long leg	$22.8M	$69.1M	25x
tradeXYZ xyz:ZHIPU	+0.1273%	1h	96.193	−0.006%	$27.1M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1447%	8h	96.210	+0.011%	$360K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1491%	8h	96.220	+0.022%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1877%	4h	96.808	+0.633%	$21K	$153K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1898%	8h	96.250	+0.053%	$5.5M	$18.6M	25x	as long as short