ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1445%/8h= −158.2% APRnext payment −$1.81 per $10,000 · paid last 24h −0.245%

Price spread now: Nado against Ondo Perps−0.728%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 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 · Nado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and Nado is 0.728% cheaper against Ondo Perps than usual: you would sell low and buy high (−$73 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZHIPU-USD.P	102.42	0.1545	pay 0.0193% / 1h	14m 17s	$37K	$20K	5x
Short	Nado ZHIPU-PERP	101.67	0.0100	get 0.0012% / 1h	14m 17s	$26K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee NadobpOrdersPrice spread, now −0.728%Rate

Funding earned: −$303.41
Price spread: −0.728% → 0.000%: −$72.81
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$388.22
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Nado: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Ondo Perps and Nado: 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
Aster ZHIPUUSDT	0.0000%	8h	101.99	−0.420%	$52K	$52K	20x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	102.36	−0.059%	$2K	$1.0M	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	102.02	−0.391%	$36K	$3K	10x	as long as short
Nado ZHIPU-PERPshort	+0.0100%	1h	101.67	−0.728%	$26K	$2K	3x
Aevo ZHIPU-PERP	+0.0104%	1h	102.03	−0.380%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0113%	8h	101.97	−0.439%	$53	$266	10x	as long as short
Gate ZHIPU_USDT	+0.0228%	8h	102.44	+0.020%	$3.0M	$11.7M	50x	as long as short
Lighter ZHIPU	+0.0528%	1h	101.96	−0.449%	$108K	$20K	10x	as long as short
Bitget ZHIPUUSDT	+0.0531%	8h	102.16	−0.254%	$2.0M	$3.8M	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0574%	4h	102.13	−0.283%	$41K	$124K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAP	+0.0591%	8h	102.37	−0.049%	$5.2M	$16.3M	25x	as long as short
HTX ZHIPU-USDT	+0.0618%	4h	102.22	−0.195%	$18K	$307K	20x	as long as short
Binance ZHIPUUSDT	+0.1407%	4h	102.12	−0.290%	$21.6M	$55.2M	25x	as long as short
Ondo Perps ZHIPU-USD.Plong	+0.1545%	1h	102.42	long leg	$37K	$20K	5x
tradeXYZ xyz:ZHIPU	+0.1587%	1h	102.12	−0.293%	$28.1M	$6.1M	10x	as long as short
Bybit ZHIPUUSDT	+0.2099%	8h	102.10	−0.312%	$385K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.2237%	4h	101.78	−0.624%	$20K	$154K	10x	as long as short