Funding you earn now, next payment 04:00 UTC−0.2329%/8h= −255.0% APRpaid last 24h −0.025%
Price spread now: Ondo Perps against edgeX−0.689%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$70 a day on $10k at the current rate, and Ondo Perps is 0.689% cheaper against edgeX than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | edgeX ZHIPUUSDC | 96.656 | 0.2739 | pay 0.1370% / 4h | 33m 46s | $19K | $150K | 10x |
| Short | Ondo Perps ZHIPU-USD.P | 95.990 | 0.0410 | get 0.0051% / 1h | 33m 46s | $36K | $20K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- −$489.11
- Price spread: −0.689% → 0.000%
- −$68.94
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$572.05
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 23 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 edgeX live order book, 23 min ago | 12.27 bp | 21.0 bp −$21 | 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 | 96.450 | −0.214% | $2K | $843K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.410 | −0.255% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.241 | −0.430% | $27K | $3K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.350 | −0.317% | $568 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0232% | 1h | 96.418 | −0.247% | — | — | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0283% | 8h | 96.680 | +0.024% | $3.0M | $11.5M | 50x | as long as short |
| Ondo Perps ZHIPU-USD.Pshort | +0.0410% | 1h | 95.990 | −0.689% | $36K | $20K | 5x | |
| Lighter ZHIPU | +0.0624% | 1h | 96.590 | −0.069% | $102K | $20K | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0710% | 8h | 96.472 | −0.190% | $50K | $51K | 20x | as long as short |
| HTX ZHIPU-USDT | +0.0863% | 4h | 96.390 | −0.276% | $18K | $327K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.1040% | 1h | 96.500 | −0.162% | $27.2M | $7.2M | 10x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1470% | 4h | 96.470 | −0.193% | $39K | $124K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1501% | 8h | 96.680 | +0.024% | $1.9M | $3.9M | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.1832% | 8h | 96.730 | +0.076% | $5.6M | $16.3M | 25x | as long as short |
| Binance ZHIPUUSDT | +0.2070% | 4h | 96.474 | −0.189% | $22.5M | $60.5M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.2345% | 8h | 96.530 | −0.131% | $290K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDClong | +0.2739% | 4h | 96.656 | long leg | $19K | $150K | 10x |
edgeX ZHIPUUSDC
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Lighter ZHIPU
Aster ZHIPUUSDT
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPU
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP
Binance ZHIPUUSDT
Bybit ZHIPUUSDT