Funding you earn now, next payment 08:00 UTC−0.1718%/8h= −188.1% APRnext payment −$17.18 per $10,000 · paid last 24h −0.014%
Price spread now: Orderly against OKX−0.156%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 −$52 a day on $10k at the current rate, and Orderly is 0.156% cheaper against OKX than usual: you would sell low and buy high (−$16 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 | OKX ZHIPU-USDT-SWAP | 95.980 | 0.1818 | pay 0.1818% / 8h | 4h 10m | $5.8M | $16.6M | 25x |
| Short | Orderly PERP_ZHIPU_USDC_mythos | 95.830 | 0.0100 | get 0.0100% / 8h | 4h 10m | $565 | $798 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- −$360.72
- Price spread: −0.156% → 0.000%
- −$15.63
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$392.35
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.04 bp | 8.9 bp −$9 | 38.5 bp −$385 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX ZHIPU-USDT | 0.0000% | 4h | 95.770 | −0.219% | $1K | $849K | 10x | as long as short |
| SoDEX ZHIPU-USD | +0.0050% | 1h | 95.870 | −0.115% | $34K | $3K | 10x | as long as short |
| Nado ZHIPU-PERP | +0.0100% | 1h | 95.923 | −0.059% | $26K | $4K | 3x | as long as short |
| Orderly PERP_ZHIPU_USDC_mythosshort | +0.0100% | 8h | 95.830 | −0.156% | $565 | $798 | 10x | |
| Ondo Perps ZHIPU-USD.P | +0.0125% | 1h | 95.780 | −0.208% | $36K | $20K | 5x | as long as short |
| Gate ZHIPU_USDT | +0.0158% | 8h | 95.960 | −0.021% | $2.9M | $11.8M | 50x | as long as short |
| Aevo ZHIPU-PERP | +0.0192% | 1h | 95.902 | −0.081% | — | — | 10x | as long as short |
| Lighter ZHIPU | +0.0232% | 1h | 95.890 | −0.094% | $101K | $20K | 10x | as long as short |
| HTX ZHIPU-USDT | +0.0483% | 4h | 95.790 | −0.198% | $18K | $332K | 20x | as long as short |
| tradeXYZ xyz:ZHIPU | +0.0632% | 1h | 95.897 | −0.086% | $26.9M | $7.2M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZHIPUUSDT | +0.0649% | 8h | 96.038 | +0.060% | $49K | $51K | 20x | as long as short |
| KuCoin ZHIPUUSDTM | +0.1134% | 4h | 95.910 | −0.073% | $39K | $126K | 20x | as long as short |
| Bitget ZHIPUUSDT | +0.1407% | 8h | 95.980 | 0.000% | $1.9M | $3.9M | 20x | as long as short |
| Binance ZHIPUUSDT | +0.1584% | 4h | 95.821 | −0.166% | $22.5M | $62.1M | 25x | as long as short |
| Bybit ZHIPUUSDT | +0.1816% | 8h | 95.960 | −0.021% | $275K | $1.4M | 25x | as long as short |
| OKX ZHIPU-USDT-SWAPlong | +0.1818% | 8h | 95.980 | long leg | $5.8M | $16.6M | 25x | |
| edgeX ZHIPUUSDC | +0.2384% | 4h | 96.007 | +0.028% | $19K | $151K | 10x | as long as short |
OKX ZHIPU-USDT-SWAP
SunX ZHIPU-USDT
SoDEX ZHIPU-USD
Gate ZHIPU_USDT
Lighter ZHIPU
HTX ZHIPU-USDT
tradeXYZ xyz:ZHIPU
Aster ZHIPUUSDT
KuCoin ZHIPUUSDTM
Bitget ZHIPUUSDT
Binance ZHIPUUSDT
Bybit ZHIPUUSDT
edgeX ZHIPUUSDC