Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%

Price spread now: Orderly against Nado−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.068% cheaper against Nado than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZHIPU-PERP	95.045	0.0100	pay 0.0012% / 1h	32m 36s	$43K	$12K	3x
Short	Orderly PERP_ZHIPU_USDC_mythos	94.980	0.0100	get 0.0100% / 8h	32m 36s	$825	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee NadobpFee OrderlybpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → 0.000%: −$6.79
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$19.79
Costs to cover: 0.130%
Break-even: 2032917432949831.5 days

Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Nado and 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
SunX ZHIPU-USDT	0.0000%	4h	95.090	+0.048%	$1K	$530K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.950	−0.099%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0064%	1h	95.040	−0.005%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	95.045	long leg	$43K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythosshort	+0.0100%	8h	94.980	−0.068%	$825	$798	10x
Gate ZHIPU_USDT	+0.0202%	8h	95.020	−0.026%	$3.2M	$10.1M	50x	as long as short
Aevo ZHIPU-PERP	+0.0216%	1h	94.991	−0.057%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0256%	1h	94.950	−0.099%	$33K	$22K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.0571%	1h	94.970	−0.078%	$26.8M	$7.3M	10x	as long as short
HTX ZHIPU-USDT	+0.0617%	4h	94.990	−0.057%	$20K	$350K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0895%	8h	95.056	+0.012%	$53K	$41K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1008%	4h	95.060	+0.016%	$38K	$112K	20x	as long as short
Binance ZHIPUUSDT	+0.1047%	4h	94.968	−0.080%	$22.3M	$57.9M	25x	as long as short
Bybit ZHIPUUSDT	+0.1356%	8h	94.990	−0.057%	$354K	$1.3M	25x	as long as short
Bitget ZHIPUUSDT	+0.1536%	8h	95.000	−0.047%	$1.7M	$3.9M	20x	as long as short
edgeX ZHIPUUSDC	+0.1667%	4h	95.129	+0.089%	$20K	$154K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1905%	8h	94.990	−0.057%	$5.3M	$16.0M	25x	as long as short