Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0689%/8h= −75.5% APRpaid last 24h +0.103%
Price spread now: Ondo Perps against Binance+0.192%46s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.192% dearer against Binance than usual: you sell high and buy low (spread +0.192% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 22 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZHIPUUSDT94.4380.0973pay 0.0487% / 4h2m 56s$22.2M$56.1M25x
ShortOndo Perps ZHIPU-USD.P94.6200.0284get 0.0036% / 1h2m 56s$32K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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

Funding earned
−$144.73
Price spread: +0.192% → 0.000%
$19.25
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$140.48
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Binance: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.53 bp11.1 bp −$1137.5 bp −$375141.3 bp −$14.1Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h94.740+0.320%$2K$443K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.530+0.097%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.403−0.037%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.520+0.087%$821$79810xas long as short
Lighter ZHIPU+0.0152%1h94.620+0.192%$100K$16K10xas long as short
Aevo ZHIPU-PERP+0.0192%1h94.538+0.106%10xas long as short
Gate ZHIPU_USDT+0.0199%8h94.540+0.108%$3.2M$10.4M50xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0284%1h94.620+0.192%$32K$21K5x
HTX ZHIPU-USDT+0.0476%4h94.570+0.140%$20K$349K20xas long as short
tradeXYZ xyz:ZHIPU+0.0554%1h94.446+0.008%$26.7M$7.1M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0834%8h94.461+0.024%$53K$34K20xas long as short
Binance ZHIPUUSDTlong+0.0973%4h94.438long leg$22.2M$56.1M25x
KuCoin ZHIPUUSDTM+0.0978%4h94.480+0.044%$38K$136K20xas long as short
edgeX ZHIPUUSDC+0.1116%4h94.762+0.343%$20K$152K10xas long as short
Bybit ZHIPUUSDT+0.1265%8h94.520+0.087%$353K$1.2M25xas long as short
Bitget ZHIPUUSDT+0.1453%8h94.470+0.034%$1.6M$3.9M20xas long as short
OKX ZHIPU-USDT-SWAP+0.1814%8h94.540+0.108%$5.2M$15.3M25xas long as short