Funding you earn now, next payment 08:00 UTC−0.2130%/8h= −233.2% APRnext payment −$21.30 per $10,000 · paid last 24h −0.066%
Price spread now: Orderly against Bybit−0.178%7-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 −$64 a day on $10k at the current rate, and Orderly is 0.178% cheaper against Bybit than usual: you would sell low and buy high (−$18 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 | Bybit ZHIPUUSDT | 106.55 | 0.2305 | pay 0.2305% / 8h | 6h 56m | $406K | $1.4M | 25x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 106.36 | 0.0174 | get 0.0174% / 8h | 6h 56m | $55 | $266 | 10x |
Bybit ZHIPUUSDT
Orderly PERP_ZHIPU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- −$447.33
- Price spread: −0.178% → 0.000%
- −$17.83
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$482.16
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: 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 Bybit live order book, 5 min ago | 5.18 bp | 43.1 bp −$43 | 263.9 bp −$2,639 | doesn't fit | 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 | 105.97 | −0.543% | $54K | $51K | 20x | as long as short |
| SunX ZHIPU-USDT | 0.0000% | 4h | 106.56 | +0.009% | $1K | $1.2M | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 106.38 | −0.160% | $38K | $3K | 10x | as long as short |
| Gate ZHIPU_USDT | +0.0089% | 8h | 106.59 | +0.038% | $3.0M | $10.1M | 50x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 106.45 | −0.096% | $23K | $20 | 3x | as long as short |
| Aevo ZHIPU-PERP | +0.0104% | 1h | 106.39 | −0.150% | — | — | 10x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0174% | 8h | 106.36 | −0.178% | $55 | $266 | 10x | |
| KuCoin ZHIPUUSDTM | +0.0298% | 4h | 106.40 | −0.141% | $41K | $127K | 20x | as long as short |
| OKX ZHIPU-USDT-SWAP | +0.0311% | 8h | 106.63 | +0.075% | $5.1M | $18.8M | 25x | as long as short |
| Bitget ZHIPUUSDT | +0.0343% | 8h | 106.47 | −0.075% | $1.9M | $4.7M | 20x | as long as short |
Aster ZHIPUUSDT
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Nado ZHIPU-PERP
Aevo ZHIPU-PERP
KuCoin ZHIPUUSDTM
OKX ZHIPU-USDT-SWAP
Bitget ZHIPUUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZHIPU-USDT | +0.0894% | 4h | 106.39 | −0.150% | $19K | $308K | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1011% | 4h | 106.37 | −0.169% | $21.4M | $57.1M | 25x | as long as short |
| Lighter ZHIPU | +0.1296% | 1h | 106.45 | −0.094% | $113K | $20K | 10x | as long as short |
| edgeX ZHIPUUSDC | +0.1698% | 4h | 106.36 | −0.174% | $21K | $150K | 10x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.2193% | 1h | 106.45 | −0.094% | $29.2M | $7.9M | 10x | as long as short |
| Bybit ZHIPUUSDTlong | +0.2305% | 8h | 106.55 | long leg | $406K | $1.4M | 25x | |
| Ondo Perps ZHIPU-USD.P | +0.3215% | 1h | 106.29 | −0.244% | $37K | $22K | 5x | as long as short |
HTX ZHIPU-USDT
Binance ZHIPUUSDT
Lighter ZHIPU
edgeX ZHIPUUSDC
tradeXYZ xyz:ZHIPU
Ondo Perps ZHIPU-USD.P