ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h −0.212%

Price spread now: Lighter against Ondo Perps+0.269%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.269% dearer against Ondo Perps than usual: you sell high and buy low: +$27 more if the spread 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	Ondo Perps ZHIPU-USD.P	100.39	0.1314	pay 0.0164% / 1h	23m 54s	$36K	$18K	5x
Short	Lighter ZHIPU	100.66	0.1504	get 0.0188% / 1h	23m 54s	$106K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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 Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.269%Rate

Funding earned: $39.82
Price spread: +0.269% → 0.000%: $26.9
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $61.71
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 20 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 20 min ago	9.54 bp	12.4 bp −$12	43.8 bp −$438	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZHIPU-USDT	0.0000%	4h	100.83	+0.438%	$2K	$922K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	100.02	−0.368%	$28K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	100.66	+0.269%	$52	$266	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	100.75	+0.363%	—	—	10x	as long as short
SoDEX ZHIPU-USD	+0.0124%	1h	100.73	+0.339%	$36K	$3K	10x	as long as short
Aster ZHIPUUSDT	+0.0421%	8h	100.33	−0.061%	$52K	$53K	20x	as long as short
Gate ZHIPU_USDT	+0.0462%	8h	100.85	+0.458%	$3.3M	$10.8M	50x	as long as short
Bitget ZHIPUUSDT	+0.1211%	8h	100.99	+0.598%	$2.0M	$3.7M	20x	as long as short
HTX ZHIPU-USDT	+0.1246%	4h	100.64	+0.249%	$18K	$321K	20x	as long as short
Ondo Perps ZHIPU-USD.Plong	+0.1314%	1h	100.39	long leg	$36K	$18K	5x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAP	+0.1396%	8h	100.92	+0.528%	$5.5M	$15.8M	25x	as long as short
KuCoin ZHIPUUSDTM	+0.1408%	4h	100.43	+0.040%	$40K	$121K	20x	as long as short
Lighter ZHIPUshort	+0.1504%	1h	100.66	+0.269%	$106K	$20K	10x
tradeXYZ xyz:ZHIPU	+0.2091%	1h	100.76	+0.369%	$28.5M	$6.6M	10x	as long as short
Binance ZHIPUUSDT	+0.2227%	4h	100.80	+0.408%	$23.5M	$57.1M	25x	as long as short
edgeX ZHIPUUSDC	+0.2655%	4h	100.16	−0.228%	$20K	$149K	10x	as long as short
Bybit ZHIPUUSDT	+0.2979%	8h	100.90	+0.508%	$374K	$1.3M	25x	as long as short