ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.052%

Price spread now: Bitget against Bybit+0.031%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1061.059% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.031%, 7d avg −0.026%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.058% dearer against Bybit than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.026%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.060% in total) that is about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZHIPUUSDT	96.090	0.1389	pay 0.1389% / 8h	3h 15m	$266K	$1.4M	25x
Short	Bitget ZHIPUUSDT	96.120	0.1321	get 0.1321% / 8h	3h 15m	$1.8M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$14.25
Price spread: +0.031% → −0.026%: $5.76
Slippage, 4 orders: −$82.85
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$114.34
Costs to cover: 1.059%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 3 min ago.

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 Bybit live order book, 1 min ago	3.64 bp	39.0 bp −$39	215.4 bp −$2,154	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.12 bp	14.6 bp −$15	44.9 bp −$449	doesn't fit	doesn't fit

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	96.010	−0.083%	$2K	$847K	10x	as long as short
Lighter ZHIPU	+0.0032%	1h	96.060	−0.031%	$101K	$20K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.020	−0.073%	$34K	$3K	10x	as long as short
Gate ZHIPU_USDT	+0.0052%	8h	96.110	+0.021%	$2.9M	$11.9M	50x	as long as short
HTX ZHIPU-USDT	+0.0086%	4h	96.090	0.000%	$19K	$336K	20x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.036	−0.057%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.020	−0.073%	$566	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0200%	1h	95.996	−0.097%	—	—	10x	as long as short
Aster ZHIPUUSDT	+0.0485%	8h	96.012	−0.081%	$50K	$51K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0698%	4h	96.040	−0.052%	$39K	$122K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZHIPU-USD.P	+0.0789%	1h	95.890	−0.208%	$36K	$20K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.0874%	1h	96.020	−0.073%	$26.9M	$7.2M	10x	as long as short
Binance ZHIPUUSDT	+0.0984%	4h	96.050	−0.042%	$22.5M	$63.7M	25x	as long as short
Bitget ZHIPUUSDTshort	+0.1321%	8h	96.120	+0.031%	$1.8M	$4.1M	20x
Bybit ZHIPUUSDTlong	+0.1389%	8h	96.090	long leg	$266K	$1.4M	25x
edgeX ZHIPUUSDC	+0.1675%	4h	96.068	−0.023%	$19K	$151K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1711%	8h	96.150	+0.062%	$5.7M	$17.2M	25x	as long as short