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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0654%/8h= +71.6% APRnext payment +$0.82 per $10,000 · paid last 24h +0.248%
Price spread now: Ondo Perps against Nado−0.283%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.283% cheaper against Nado than usual: you would sell low and buy high (spread −0.283% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 35 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZHIPU-PERP96.0820.0100pay 0.0012% / 1h37m 31s$27K$4K3x
ShortOndo Perps ZHIPU-USD.P95.8100.0754get 0.0094% / 1h37m 31s$36K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
$137.26
Price spread: −0.283% → 0.000%
−$28.27
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$96.99
Costs to cover
0.120%
Break-even
2.1 days
Slippage unknown: Nado: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Ondo Perps no order-book sample
Nado and Ondo Perps: 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%4h96.050−0.033%$1K$851K10xas long as short
HTX ZHIPU-USDT0.0000%4h96.090+0.009%$17K$332K20xas long as short
Lighter ZHIPU+0.0032%1h96.110+0.030%$101K$20K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h96.030−0.054%$34K$3K10xas long as short
Gate ZHIPU_USDT+0.0080%8h96.120+0.040%$2.9M$11.8M50xas long as short
Nado ZHIPU-PERPlong+0.0100%1h96.082long leg$27K$4K3x
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.020−0.064%$566$79810xas long as short
Aevo ZHIPU-PERP+0.0192%1h96.010−0.074%10xas long as short
Aster ZHIPUUSDT+0.0549%8h95.913−0.175%$50K$51K20xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0754%1h95.810−0.283%$36K$20K5x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZHIPUUSDTM+0.0922%4h96.070−0.012%$39K$124K20xas long as short
tradeXYZ xyz:ZHIPU+0.1068%1h96.066−0.016%$26.9M$7.2M10xas long as short
Binance ZHIPUUSDT+0.1179%4h96.050−0.033%$22.5M$63.3M25xas long as short
Bitget ZHIPUUSDT+0.1361%8h96.120+0.040%$1.8M$4.1M20xas long as short
Bybit ZHIPUUSDT+0.1532%8h96.100+0.019%$271K$1.4M25xas long as short
edgeX ZHIPUUSDC+0.1694%4h96.110+0.029%$19K$150K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1775%8h96.150+0.071%$5.8M$17.1M25xas long as short