ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1249%/8h= +136.8% APRnext payment +$1.56 per $10,000 · paid last 24h −0.067%

Price spread now: tradeXYZ against Ondo Perps−0.240%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.240% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.240% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 15 hours of funding at the current rate (+$37 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZHIPU-USD.P	97.970	0.0050	pay 0.0006% / 1h	59m 23s	$37K	$21K	5x
Short	tradeXYZ xyz:ZHIPU	97.735	0.1299	get 0.0162% / 1h	59m 23s	$27.3M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.240%Rate

Funding earned: $262.26
Price spread: −0.240% → 0.000%: −$23.99
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $215.27
Costs to cover: 0.230%
Break-even: 1.3 days

Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago	2.43 bp	12.7 bp −$13	doesn't fit	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	97.920	−0.051%	$1K	$864K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	97.670	−0.306%	$35K	$3K	10x	as long as short
Ondo Perps ZHIPU-USD.Plong	+0.0050%	1h	97.970	long leg	$37K	$21K	5x
Nado ZHIPU-PERP	+0.0100%	1h	97.477	−0.503%	$27K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	97.660	−0.316%	$576	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0152%	1h	97.742	−0.233%	—	—	10x	as long as short
Gate ZHIPU_USDT	+0.0383%	8h	97.830	−0.143%	$3.0M	$10.9M	50x	as long as short
Aster ZHIPUUSDT	+0.0605%	8h	97.646	−0.331%	$50K	$52K	20x	as long as short
HTX ZHIPU-USDT	+0.1102%	4h	98.220	+0.255%	$18K	$324K	20x	as long as short
tradeXYZ xyz:ZHIPUshort	+0.1299%	1h	97.735	−0.240%	$27.3M	$6.9M	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ZHIPU	+0.1328%	1h	97.560	−0.418%	$103K	$20K	10x	as long as short
Bitget ZHIPUUSDT	+0.1386%	8h	97.870	−0.102%	$1.9M	$3.8M	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1524%	4h	97.510	−0.470%	$39K	$123K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1631%	8h	97.960	−0.010%	$5.5M	$15.8M	25x	as long as short
Binance ZHIPUUSDT	+0.2233%	4h	97.670	−0.306%	$22.6M	$58.9M	25x	as long as short
Bybit ZHIPUUSDT	+0.2736%	8h	97.870	−0.102%	$364K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.2809%	4h	98.298	+0.335%	$19K	$151K	10x	as long as short