ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0157%/8h= −17.1% APRpaid last 24h −0.028%

Price spread now: HTX against OKX−0.079%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$670.665% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.079%, 7d avg −0.090%

Together, before fees+0.308%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZHIPU-USDT-SWAP	100.71	0.1405	pay 0.1405% / 8h	5h 22m	$5.5M	$15.8M	25x
Short	HTX ZHIPU-USDT	100.63	0.1249	get 0.0624% / 4h	1h 22m	$18K	$321K	20x

Funding history

latest

Range statsloading…

HTX against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee HTXbpOrdersPrice spread, now −0.079%Rate

Slippage from OKX: live order book, 1 min ago; HTX: live order book, 39 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	2.48 bp	14.5 bp −$14	53.6 bp −$536	doesn't fit	doesn't fit
Sell HTX live order book, 39 min ago	6.43 bp	17.5 bp −$18	44.0 bp −$440	doesn't fit	doesn't fit

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	100.95	+0.238%	$2K	$922K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	100.15	−0.558%	$28K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	100.58	−0.129%	$52	$266	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	100.67	−0.040%	—	—	10x	as long as short
SoDEX ZHIPU-USD	+0.0110%	1h	100.64	−0.070%	$36K	$3K	10x	as long as short
Aster ZHIPUUSDT	+0.0447%	8h	100.25	−0.456%	$52K	$53K	20x	as long as short
Gate ZHIPU_USDT	+0.0478%	8h	100.80	+0.089%	$3.3M	$10.8M	50x	as long as short
Bitget ZHIPUUSDT	+0.1227%	8h	100.66	−0.050%	$2.0M	$3.7M	20x	as long as short
HTX ZHIPU-USDTshort	+0.1249%	4h	100.63	−0.079%	$18K	$321K	20x
Ondo Perps ZHIPU-USD.P	+0.1315%	1h	100.39	−0.318%	$36K	$18K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAPlong	+0.1405%	8h	100.71	long leg	$5.5M	$15.8M	25x
KuCoin ZHIPUUSDTM	+0.1424%	4h	100.42	−0.288%	$40K	$121K	20x	as long as short
Lighter ZHIPU	+0.1504%	1h	100.63	−0.079%	$106K	$20K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.2069%	1h	100.53	−0.179%	$28.4M	$6.7M	10x	as long as short
Binance ZHIPUUSDT	+0.2259%	4h	100.54	−0.169%	$23.5M	$57.2M	25x	as long as short
edgeX ZHIPUUSDC	+0.2499%	4h	100.22	−0.488%	$20K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.2989%	8h	100.76	+0.050%	$373K	$1.3M	25x	as long as short