Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Nado against Orderly−0.004%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 Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ZHIPU_USDC_mythos	94.900	0.0100	pay 0.0100% / 8h	5h 43m	$824	$798	10x
Short	Nado ZHIPU-PERP	94.896	0.0100	get 0.0012% / 1h	43m 04s	$43K	$12K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → 0.000%: −$0.37
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.37
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Nado: no order-book sample. 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 Nado no order-book sample	—	—	—	—	—

Orderly and Nado: 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 exchanges

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	94.990	+0.095%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.940	+0.042%	$1K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.940	+0.042%	$16K	$347K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.790	−0.116%	$100K	$16K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.900	0.000%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERPshort	+0.0100%	1h	94.896	−0.004%	$43K	$12K	3x
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.900	0.000%	$39K	$275K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythoslong	+0.0100%	8h	94.900	long leg	$824	$798	10x
Aevo ZHIPU-PERP	+0.0104%	1h	94.891	−0.009%	—	—	10x	as long as short
Aster ZHIPUUSDT	+0.0132%	8h	94.778	−0.128%	$54K	$33K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0399%	4h	94.900	0.000%	$22.0M	$55.8M	25x	as long as short
Bybit ZHIPUUSDT	+0.0595%	8h	94.940	+0.042%	$356K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0670%	1h	94.880	−0.021%	$26.6M	$6.9M	10x	as long as short
Bitget ZHIPUUSDT	+0.0752%	8h	94.950	+0.053%	$1.6M	$4.0M	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0856%	1h	94.950	+0.053%	$32K	$19K	5x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1173%	8h	94.990	+0.095%	$5.1M	$15.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.1353%	4h	94.835	−0.069%	$20K	$152K	10x	as long as short