Funding you earn now, next payment 04:00 UTC−0.0376%/8h= −41.2% APRpaid last 24h −0.125%
Price spread now: Orderly against Binance−0.026%49s7-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—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Orderly is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Binance ZHIPUUSDT | 105.79 | 0.0519 | pay 0.0259% / 4h | 3h 22m | $21.2M | $56.8M | 25x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 105.76 | 0.0143 | get 0.0143% / 8h | 7h 22m | $54 | $266 | 10x |
Binance ZHIPUUSDT
Orderly PERP_ZHIPU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- −$78.94
- Price spread: −0.026% → 0.000%
- −$2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$97.49
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Orderly: 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 Binance live order book, 5 min ago | 0.47 bp | 10.8 bp −$11 | 15.3 bp −$153 | 114.8 bp −$11.5K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | 0.0000% | 8h | 105.59 | −0.183% | $54K | $51K | 20x | as long as short |
| Gate ZHIPU_USDT | 0.0000% | 8h | 105.88 | +0.088% | $2.9M | $13.1M | 50x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 105.90 | +0.107% | $1K | $1.2M | 10x | as long as short |
| HTX ZHIPU-USDT | 0.0000% | 4h | 105.75 | −0.035% | $19K | $314K | 20x | as long as short |
| Lighter ZHIPU | +0.0032% | 1h | 105.80 | +0.012% | $112K | $19K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 105.76 | −0.026% | $38K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 105.88 | +0.084% | $23K | $20 | 3x | as long as short |
| KuCoin ZHIPUUSDTM | +0.0100% | 4h | 105.80 | +0.012% | $42K | $128K | 20x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 105.77 | −0.016% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0143% | 8h | 105.76 | −0.026% | $54 | $266 | 10x |
Aster ZHIPUUSDT
Gate ZHIPU_USDT
SunX ZHIPU-USDT
HTX ZHIPU-USDT
Lighter ZHIPU
SoDEX ZHIPU-USD
Nado ZHIPU-PERP
KuCoin ZHIPUUSDTM
Aevo ZHIPU-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZHIPU-USDT-SWAP | +0.0154% | 8h | 106.01 | +0.211% | $5.1M | $18.6M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.0171% | 8h | 105.84 | +0.050% | $1.8M | $4.6M | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0410% | 1h | 105.87 | +0.078% | $29.0M | $7.9M | 10x | as long as short |
| Binance ZHIPUUSDTlong | +0.0519% | 4h | 105.79 | long leg | $21.2M | $56.8M | 25x | |
| Bybit ZHIPUUSDT | +0.0742% | 8h | 105.93 | +0.135% | $431K | $1.4M | 25x | as long as short |
| edgeX ZHIPUUSDC | +0.1020% | 4h | 105.86 | +0.068% | $21K | $151K | 10x | as long as short |
| Ondo Perps ZHIPU-USD.P | +0.1042% | 1h | 105.97 | +0.173% | $37K | $22K | 5x | as long as short |
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDT
tradeXYZ xyz:ZHIPU
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC
Ondo Perps ZHIPU-USD.P