Funding you earn now, next payment 05:00 UTC+0.0534%/8h= +58.5% APRpaid last 24h −0.174%
Price spread now: Bybit against Ondo Perps−0.208%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
Funding pays, the price is against you. Bybit is 0.208% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.208% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 31 hours of funding at the current rate (+$16 a day). 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 | Ondo Perps ZHIPU-USD.P | 96.270 | 0.0745 | pay 0.0093% / 1h | 4m 59s | $36K | $20K | 5x |
| Short | Bybit ZHIPUUSDT | 96.070 | 0.1279 | get 0.1279% / 8h | 3h 04m | $266K | $1.4M | 25x |
Ondo Perps ZHIPU-USD.P
Bybit ZHIPUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- $112.14
- Price spread: −0.208% → 0.000%
- −$20.77
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $75.37
- Costs to cover
- 0.160%
- Break-even
- 2.3 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 2.60 bp | 52.4 bp −$52 | 504.2 bp −$5,042 | doesn't fit | doesn't fit |
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 | 96.100 | −0.177% | $1K | $848K | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 95.890 | −0.395% | $20K | $341K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 96.130 | −0.145% | $101K | $20K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0040% | 8h | 96.040 | −0.239% | $2.9M | $11.9M | 50x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 96.010 | −0.270% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 96.127 | −0.149% | $27K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythos | +0.0100% | 8h | 96.040 | −0.239% | $566 | $798 | 10x | as long as short |
| Aevo ZHIPU-PERP | +0.0184% | 1h | 96.013 | −0.267% | — | — | 10x | as long as short |
| Aster ZHIPUUSDT | +0.0457% | 8h | 96.193 | −0.080% | $50K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0588% | 4h | 96.060 | −0.218% | $39K | $121K | 20x | as long as short |
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
Gate ZHIPU_USDT
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
Orderly PERP_ZHIPU_USDC_mythos
Aevo ZHIPU-PERP
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZHIPU | +0.0741% | 1h | 96.036 | −0.243% | $26.9M | $7.2M | 10x | as long as short |
| Ondo Perps ZHIPU-USD.Plong | +0.0745% | 1h | 96.270 | long leg | $36K | $20K | 5x | |
| Binance ZHIPUUSDT | +0.0839% | 4h | 95.996 | −0.285% | $22.5M | $63.7M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.0993% | 4h | 96.026 | −0.254% | $19K | $150K | 10x | as long as short |
| Bitget ZHIPUUSDT | +0.1269% | 8h | 96.040 | −0.239% | $1.8M | $4.1M | 20x | as long as short |
| Bybit ZHIPUUSDTshort | +0.1279% | 8h | 96.070 | −0.208% | $266K | $1.4M | 25x | |
| OKX ZHIPU-USDT-SWAP | +0.1661% | 8h | 96.040 | −0.239% | $5.7M | $17.1M | 25x | as long as short |
tradeXYZ xyz:ZHIPU
Binance ZHIPUUSDT
edgeX ZHIPUUSDC
Bitget ZHIPUUSDT
OKX ZHIPU-USDT-SWAP