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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0616%/8h= +67.5% APRpaid last 24h −0.014%
Price spread now: HTX against Orderly−0.038%54s7-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
Funding pays, the price is against you. HTX is 0.038% cheaper against Orderly than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZHIPU_USDC_mythos106.170.0172pay 0.0172% / 8h7h 00m$55$26610x
ShortHTX ZHIPU-USDT106.130.0788get 0.0394% / 4h3h 00m$19K$315K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$129.45
Price spread: −0.038% → 0.000%
−$3.77
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$107.68
Costs to cover
0.180%
Break-even
1.2 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 7 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 HTX live order book, 7 min ago3.76 bp13.9 bp −$1438.2 bp −$382doesn't fitdoesn'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
Aster ZHIPUUSDT0.0000%8h105.91−0.247%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h106.28+0.104%$2K$1.2M10xas long as short
Gate ZHIPU_USDT+0.0030%8h106.29+0.113%$2.9M$13.3M50xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.12−0.047%$38K$3K10xas long as short
Lighter ZHIPU+0.0096%1h106.31+0.132%$112K$21K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.24+0.063%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.21+0.037%10xas long as short
Orderly PERP_ZHIPU_USDC_mythoslong+0.0172%8h106.17long leg$55$26610x
KuCoin ZHIPUUSDTM+0.0242%4h106.24+0.066%$42K$128K20xas long as short
OKX ZHIPU-USDT-SWAP+0.0292%8h106.38+0.198%$5.1M$18.8M25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZHIPUUSDT+0.0317%8h106.24+0.066%$1.8M$4.7M20xas long as short
HTX ZHIPU-USDTshort+0.0788%4h106.13−0.038%$19K$315K20x
Binance ZHIPUUSDT+0.0947%4h106.170.000%$21.3M$57.2M25xas long as short
tradeXYZ xyz:ZHIPU+0.0965%1h106.25+0.075%$29.1M$7.9M10xas long as short
Ondo Perps ZHIPU-USD.P+0.1601%1h106.34+0.160%$37K$22K5xas long as short
edgeX ZHIPUUSDC+0.1820%4h106.22+0.044%$21K$151K10xas long as short
Bybit ZHIPUUSDT+0.2133%8h106.23+0.057%$405K$1.4M25xas long as short