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−0.1249%/8h= −136.8% APRnext payment $1.56 per $10,000 · paid last 24h +0.067%
Price spread now: Ondo Perps against tradeXYZ+0.240%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 fees+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.240% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.240% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ZHIPU97.7350.1299pay 0.0162% / 1h59m 18s$27.3M$6.9M10x
ShortOndo Perps ZHIPU-USD.P97.9700.0050get 0.0006% / 1h59m 18s$37K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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
−$262.26
Price spread: +0.240% → 0.000%
$24.04
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$261.22
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 10 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 10 min ago2.43 bp13.8 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h97.920+0.189%$1K$864K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h97.670−0.067%$35K$3K10xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0050%1h97.970+0.240%$37K$21K5x
Nado ZHIPU-PERP+0.0100%1h97.477−0.264%$27K$3K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h97.660−0.077%$576$79810xas long as short
Aevo ZHIPU-PERP+0.0152%1h97.742+0.007%10xas long as short
Gate ZHIPU_USDT+0.0383%8h97.830+0.097%$3.0M$10.9M50xas long as short
Aster ZHIPUUSDT+0.0605%8h97.646−0.091%$50K$52K20xas long as short
HTX ZHIPU-USDT+0.1102%4h98.220+0.496%$18K$324K20xas long as short
tradeXYZ xyz:ZHIPUlong+0.1299%1h97.735long leg$27.3M$6.9M10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.1328%1h97.560−0.179%$103K$20K10xas long as short
Bitget ZHIPUUSDT+0.1386%8h97.870+0.138%$1.9M$3.8M20xas long as short
KuCoin ZHIPUUSDTM+0.1524%4h97.510−0.230%$39K$123K20xas long as short
OKX ZHIPU-USDT-SWAP+0.1631%8h97.960+0.230%$5.5M$15.8M25xas long as short
Binance ZHIPUUSDT+0.2233%4h97.670−0.066%$22.6M$58.9M25xas long as short
Bybit ZHIPUUSDT+0.2736%8h97.870+0.138%$364K$1.3M25xas long as short
edgeX ZHIPUUSDC+0.2809%4h98.298+0.576%$19K$151K10xas long as short