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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1863%/8h= +204.0% APRnext payment +$18.63 per $10,000 · paid last 24h +0.014%
Price spread now: OKX against Orderly+0.125%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and OKX is 0.125% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZHIPU_USDC_mythos95.7100.0100pay 0.0100% / 8h57m 10s$832$1K10x
ShortOKX ZHIPU-USDT-SWAP95.8300.1963get 0.1963% / 8h57m 10s$5.3M$18.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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
$391.19
Price spread: +0.125% → 0.000%
$12.54
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
$387.73
Costs to cover
0.160%
Break-even
0.1 days
Slippage unknown: Orderly: no order-book sample; OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell OKX live order book, 1 min ago2.08 bp11.5 bp −$1280.3 bp −$803doesn't fitdoesn't fit
Orderly: 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
SunX ZHIPU-USDT0.0000%4h95.860+0.157%$1K$755K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.7100.000%$34K$3K10xas long as short
Lighter ZHIPU+0.0056%1h95.690−0.021%$101K$16K10xas long as short
Ondo Perps ZHIPU-USD.P+0.0090%1h96.250+0.564%$33K$23K5xas long as short
Nado ZHIPU-PERP+0.0100%1h95.676−0.035%$44K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythoslong+0.0100%8h95.710long leg$832$1K10x
Gate ZHIPU_USDT+0.0206%8h95.840+0.136%$3.2M$9.7M50xas long as short
Aevo ZHIPU-PERP+0.0240%1h95.719+0.009%10xas long as short
HTX ZHIPU-USDT+0.0760%4h95.810+0.104%$20K$355K20xas long as short
tradeXYZ xyz:ZHIPU+0.0858%1h95.723+0.014%$27.0M$7.8M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0924%8h95.938+0.238%$53K$52K20xas long as short
KuCoin ZHIPUUSDTM+0.1020%4h95.770+0.063%$38K$118K20xas long as short
Binance ZHIPUUSDT+0.1098%4h95.711+0.001%$22.5M$66.6M25xas long as short
Bybit ZHIPUUSDT+0.1423%8h95.740+0.031%$358K$1.5M25xas long as short
edgeX ZHIPUUSDC+0.1545%4h96.146+0.456%$20K$153K10xas long as short
Bitget ZHIPUUSDT+0.1604%8h95.7100.000%$1.7M$4.2M20xas long as short
OKX ZHIPU-USDT-SWAPshort+0.1963%8h95.830+0.125%$5.3M$18.8M25x