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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0746%/8h= +81.7% APRnext payment +$0.93 per $10,000 · paid last 24h +0.269%
Price spread now: Ondo Perps against Nado−0.174%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.174% cheaper against Nado than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 19 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZHIPU-PERP94.0440.0100pay 0.0012% / 1h34m 21s$43K$12K3x
ShortOndo Perps ZHIPU-USD.P93.8800.0846get 0.0106% / 1h34m 21s$32K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
$156.74
Price spread: −0.174% → 0.000%
−$17.42
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$127.33
Costs to cover
0.120%
Break-even
1.3 days
Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample
Sell Ondo Perps no order-book sample
Nado and 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
Bybit ZHIPUUSDT0.0000%8h94.030−0.015%$350K$1.2M25xas long as short
Gate ZHIPU_USDT0.0000%8h94.080+0.038%$3.2M$10.0M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.170+0.134%$2K$405K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.060+0.017%$20K$337K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.100+0.060%$33K$3K10xas long as short
Nado ZHIPU-PERPlong+0.0100%1h94.044long leg$43K$12K3x
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.150+0.113%$818$79810xas long as short
Aevo ZHIPU-PERP+0.0200%1h94.114+0.075%10xas long as short
Lighter ZHIPU+0.0384%1h94.080+0.038%$99K$16K10xas long as short
tradeXYZ xyz:ZHIPU+0.0559%1h94.018−0.027%$26.4M$6.9M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0703%8h94.410+0.389%$53K$33K20xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0846%1h93.880−0.174%$32K$20K5x
KuCoin ZHIPUUSDTM+0.0908%4h94.080+0.038%$38K$167K20xas long as short
Binance ZHIPUUSDT+0.0983%4h94.100+0.060%$22.0M$55.7M25xas long as short
Bitget ZHIPUUSDT+0.1394%8h94.210+0.177%$1.6M$3.9M20xas long as short
edgeX ZHIPUUSDC+0.1493%4h94.461+0.443%$20K$151K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1788%8h94.200+0.166%$5.1M$14.9M25xas long as short