ZHIPU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0455%/8h= +49.9% APRnext payment +$4.55 per $10,000 · paid last 24h +0.172%

Price spread now: Bybit against Orderly−0.074%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Bybit

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—needs both histories

Funding pays, the price is against you. Bybit is 0.074% cheaper against Orderly than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ZHIPU_USDC_mythos	94.270	0.0100	pay 0.0100% / 8h	7h 36m	$819	$798	10x
Short	Bybit ZHIPUUSDT	94.200	0.0555	get 0.0555% / 8h	7h 36m	$351K	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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 OrderlybpFee BybitbpOrdersPrice spread, now −0.074%Rate

Funding earned: $95.61
Price spread: −0.074% → 0.000%: −$7.43
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $71.19
Costs to cover: 0.170%
Break-even: 1.8 days

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 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 Orderly no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	5.29 bp	43.4 bp −$43	273.9 bp −$2,739	doesn't fit	doesn't fit

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
Gate ZHIPU_USDT	0.0000%	8h	94.110	−0.170%	$3.2M	$10.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.160	−0.117%	$1K	$405K	10x	as long as short
HTX ZHIPU-USDT	+0.0014%	4h	93.920	−0.371%	$20K	$337K	20x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.070	−0.212%	$33K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.216	−0.057%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythoslong	+0.0100%	8h	94.270	long leg	$819	$798	10x
Aevo ZHIPU-PERP	+0.0208%	1h	94.280	+0.010%	—	—	10x	as long as short
Lighter ZHIPU	+0.0464%	1h	94.180	−0.095%	$99K	$16K	10x	as long as short
Bybit ZHIPUUSDTshort	+0.0555%	8h	94.200	−0.074%	$351K	$1.2M	25x
Aster ZHIPUUSDT	+0.0710%	8h	94.440	+0.181%	$53K	$33K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ZHIPU	+0.0785%	1h	94.146	−0.132%	$26.5M	$6.9M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0992%	4h	94.160	−0.117%	$38K	$164K	20x	as long as short
Binance ZHIPUUSDT	+0.1080%	4h	93.998	−0.289%	$22.0M	$55.6M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1082%	1h	93.880	−0.414%	$32K	$20K	5x	as long as short
Bitget ZHIPUUSDT	+0.1442%	8h	94.140	−0.138%	$1.6M	$3.9M	20x	as long as short
edgeX ZHIPUUSDC	+0.1493%	4h	94.461	+0.202%	$20K	$151K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1817%	8h	94.090	−0.191%	$5.1M	$15.0M	25x	as long as short