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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZHIPU-USDT-SWAP95.9800.1818pay 0.1818% / 8h4h 10m$5.8M$16.6M25x
ShortOrderly PERP_ZHIPU_USDC_mythos95.8300.0100get 0.0100% / 8h4h 10m$565$79810x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.04 bp8.9 bp −$938.5 bp −$385doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h95.770−0.219%$1K$849K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.870−0.115%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h95.923−0.059%$26K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythosshort+0.0100%8h95.830−0.156%$565$79810x
Ondo Perps ZHIPU-USD.P+0.0125%1h95.780−0.208%$36K$20K5xas long as short
Gate ZHIPU_USDT+0.0158%8h95.960−0.021%$2.9M$11.8M50xas long as short
Aevo ZHIPU-PERP+0.0192%1h95.902−0.081%10xas long as short
Lighter ZHIPU+0.0232%1h95.890−0.094%$101K$20K10xas long as short
HTX ZHIPU-USDT+0.0483%4h95.790−0.198%$18K$332K20xas long as short
tradeXYZ xyz:ZHIPU+0.0632%1h95.897−0.086%$26.9M$7.2M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0649%8h96.038+0.060%$49K$51K20xas long as short
KuCoin ZHIPUUSDTM+0.1134%4h95.910−0.073%$39K$126K20xas long as short
Bitget ZHIPUUSDT+0.1407%8h95.9800.000%$1.9M$3.9M20xas long as short
Binance ZHIPUUSDT+0.1584%4h95.821−0.166%$22.5M$62.1M25xas long as short
Bybit ZHIPUUSDT+0.1816%8h95.960−0.021%$275K$1.4M25xas long as short
OKX ZHIPU-USDT-SWAPlong+0.1818%8h95.980long leg$5.8M$16.6M25x
edgeX ZHIPUUSDC+0.2384%4h96.007+0.028%$19K$151K10xas long as short