Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1245%/8h= +136.3% APRpaid last 24h —

Price spread now: Bitget against Aevo+0.091%7-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 Bitget

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—needs both histories

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Bitget is 0.091% dearer against Aevo than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZHIPU-PERP	96.592	0.0208	pay 0.0026% / 1h	21m 22s	—	—	10x
Short	Bitget ZHIPUUSDT	96.680	0.1453	get 0.1453% / 8h	4h 21m	$1.9M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.091%Rate

Funding earned: $261.45
Price spread: +0.091% → 0.000%: $9.07
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: $242.52
Costs to cover: 0.280%
Break-even: 0.5 days

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 2 min ago. 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 Bitget live order book, 2 min ago	3.62 bp	24.6 bp −$25	55.1 bp −$551	doesn't fit	doesn't fit

Aevo: 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	96.500	−0.096%	$2K	$851K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.530	−0.065%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.543	−0.051%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.550	−0.044%	$569	$798	10x	as long as short
Aevo ZHIPU-PERPlong	+0.0208%	1h	96.592	long leg	—	—	10x
Ondo Perps ZHIPU-USD.P	+0.0210%	1h	96.600	+0.008%	$36K	$20K	5x	as long as short
Gate ZHIPU_USDT	+0.0216%	8h	96.690	+0.101%	$3.0M	$11.6M	50x	as long as short
Lighter ZHIPU	+0.0360%	1h	96.630	+0.039%	$102K	$20K	10x	as long as short
HTX ZHIPU-USDT	+0.0658%	4h	96.450	−0.147%	$17K	$330K	20x	as long as short
Aster ZHIPUUSDT	+0.0679%	8h	96.595	+0.003%	$50K	$51K	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	+0.0747%	1h	96.612	+0.020%	$27.2M	$7.1M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.1284%	4h	96.600	+0.008%	$39K	$125K	20x	as long as short
Bitget ZHIPUUSDTshort	+0.1453%	8h	96.680	+0.091%	$1.9M	$3.9M	20x
Binance ZHIPUUSDT	+0.1814%	4h	96.561	−0.032%	$22.6M	$61.6M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1834%	8h	96.750	+0.163%	$5.7M	$16.5M	25x	as long as short
Bybit ZHIPUUSDT	+0.2045%	8h	96.600	+0.008%	$277K	$1.4M	25x	as long as short
edgeX ZHIPUUSDC	+0.2402%	4h	96.398	−0.201%	$19K	$150K	10x	as long as short