Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0471%/8h= +51.5% APRpaid last 24h —

Price spread now: Aster against Aevo+0.053%49s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aster is 0.053% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZHIPU-PERP	96.379	0.0216	pay 0.0027% / 1h	23m 30s	—	—	10x
Short	Aster ZHIPUUSDT	96.430	0.0687	get 0.0687% / 8h	4h 23m	$49K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.053%Rate

Funding earned: $98.85
Price spread: +0.053% → 0.000%: $5.33
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: $80.18
Costs to cover: 0.240%
Break-even: 1.3 days

Slippage unknown: Aevo: no order-book sample; Aster: 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Aevo and Aster: 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
SunX ZHIPU-USDT	0.0000%	4h	96.450	+0.074%	$2K	$849K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.340	−0.040%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.368	−0.011%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.350	−0.030%	$568	$798	10x	as long as short
Aevo ZHIPU-PERPlong	+0.0216%	1h	96.379	long leg	—	—	10x
Gate ZHIPU_USDT	+0.0225%	8h	96.480	+0.105%	$3.0M	$11.6M	50x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0229%	1h	96.840	+0.479%	$36K	$20K	5x	as long as short
Lighter ZHIPU	+0.0392%	1h	96.460	+0.084%	$102K	$20K	10x	as long as short
Aster ZHIPUUSDTshort	+0.0687%	8h	96.430	+0.053%	$49K	$51K	20x
HTX ZHIPU-USDT	+0.0688%	4h	96.510	+0.136%	$17K	$330K	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	+0.0776%	1h	96.383	+0.004%	$27.1M	$7.1M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.1312%	4h	96.400	+0.022%	$39K	$125K	20x	as long as short
Bitget ZHIPUUSDT	+0.1461%	8h	96.480	+0.105%	$1.9M	$3.9M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1832%	8h	96.530	+0.157%	$5.7M	$16.4M	25x	as long as short
Binance ZHIPUUSDT	+0.1861%	4h	96.356	−0.024%	$22.6M	$61.4M	25x	as long as short
Bybit ZHIPUUSDT	+0.2091%	8h	96.450	+0.074%	$278K	$1.4M	25x	as long as short
edgeX ZHIPUUSDC	+0.2574%	4h	96.440	+0.064%	$19K	$150K	10x	as long as short