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+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h −0.029%
Price spread now: Gate against Orderly+0.139%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.139% dearer against Orderly than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZHIPU_USDC_mythos100.700.0100pay 0.0100% / 8h5h 52m$52$26610x
ShortGate ZHIPU_USDT100.840.0258get 0.0258% / 8h5h 52m$3.0M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$33.18
Price spread: +0.139% → 0.000%
$13.9
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$26.08
Costs to cover
0.210%
Break-even
1.5 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 min ago. 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 Orderly no order-book sample
Sell Gate live order book, 1 min ago4.46 bp18.8 bp −$1952.1 bp −$52181.8 bp −$8,182doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h100.83+0.129%$2K$988K10xas long as short
Aster ZHIPUUSDT+0.0023%8h100.94+0.237%$52K$54K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h100.74+0.040%$36K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h100.36−0.334%$25K$2K3xas long as short
Orderly PERP_ZHIPU_USDC_mythoslong+0.0100%8h100.70long leg$52$26610x
Aevo ZHIPU-PERP+0.0104%1h100.74+0.039%10xas long as short
Gate ZHIPU_USDTshort+0.0258%8h100.84+0.139%$3.0M$10.2M50x
Ondo Perps ZHIPU-USD.P+0.0802%1h100.37−0.328%$36K$19K5xas long as short
Bitget ZHIPUUSDT+0.0822%8h100.74+0.040%$2.0M$3.8M20xas long as short
HTX ZHIPU-USDT+0.0843%4h100.63−0.070%$18K$308K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZHIPUUSDTM+0.0898%4h100.60−0.099%$40K$124K20xas long as short
OKX ZHIPU-USDT-SWAP+0.0924%8h100.72+0.020%$5.3M$16.1M25xas long as short
Lighter ZHIPU+0.0992%1h100.77+0.070%$106K$20K10xas long as short
Binance ZHIPUUSDT+0.1749%4h100.56−0.139%$22.3M$56.2M25xas long as short
tradeXYZ xyz:ZHIPU+0.1756%1h100.62−0.079%$27.8M$6.3M10xas long as short
edgeX ZHIPUUSDC+0.2393%4h100.30−0.398%$20K$154K10xas long as short
Bybit ZHIPUUSDT+0.2504%8h100.66−0.040%$372K$1.3M25xas long as short