Funding you earn now, next payment 05:00 UTC−0.0773%/8h= −84.6% APRpaid last 24h +0.174%
Price spread now: Ondo Perps against Bybit−0.291%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Ondo Perps is 0.291% cheaper against Bybit than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZHIPUUSDT | 96.090 | 0.1542 | pay 0.1542% / 8h | 3h 37m | $271K | $1.4M | 25x |
| Short | Ondo Perps ZHIPU-USD.P | 95.810 | 0.0769 | get 0.0096% / 1h | 37m 54s | $36K | $20K | 5x |
Bybit ZHIPUUSDT
Ondo Perps ZHIPU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$162.27
- Price spread: −0.291% → 0.000%
- −$29.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$207.41
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 3.13 bp | 44.7 bp −$45 | 220.8 bp −$2,208 | 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 | 96.050 | −0.042% | $1K | $851K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 96.090 | 0.000% | $17K | $332K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 96.100 | +0.010% | $101K | $20K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.030 | −0.062% | $34K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0082% | 8h | 96.120 | +0.031% | $2.9M | $11.8M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.076 | −0.015% | $27K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.020 | −0.073% | $566 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 96.010 | −0.083% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0553% | 8h | 95.911 | −0.186% | $50K | $51K | 20x | as long as short |
| Ondo Perps ZHIPU-USD.Pshort | +0.0769% | 1h | 95.810 | −0.291% | $36K | $20K | 5x |
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZHIPUUSDTM | +0.0922% | 4h | 96.080 | −0.010% | $39K | $124K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.1074% | 1h | 96.074 | −0.017% | $26.9M | $7.2M | 10x | as long as short |
| Binance ZHIPUUSDT | +0.1181% | 4h | 96.050 | −0.042% | $22.5M | $63.4M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.1362% | 8h | 96.120 | +0.031% | $1.8M | $4.1M | 20x | as long as short |
| Bybit ZHIPUUSDTlong | +0.1542% | 8h | 96.090 | long leg | $271K | $1.4M | 25x | |
| OKX ZHIPU-USDT-SWAP | +0.1775% | 8h | 96.140 | +0.052% | $5.8M | $17.1M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1892% | 4h | 95.934 | −0.163% | $19K | $150K | 10x | as long as short |
KuCoin ZHIPUUSDTM
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
edgeX ZHIPUUSDC