Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h —

Price spread now: OKX against Aevo+0.153%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 OKX

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 +$2 a day on $10k at the current rate, and OKX is 0.153% dearer against Aevo than usual: you sell high and buy low: +$15 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	105.55	0.0104	pay 0.0013% / 1h	49m 06s	—	—	10x
Short	OKX ZHIPU-USDT-SWAP	105.71	0.0162	get 0.0162% / 8h	7h 49m	$5.0M	$18.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $12.26
Price spread: +0.153% → 0.000%: $15.25
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee OKX: 5 bp × 2 orders: −$10
Net: $1.52
Costs to cover: 0.260%
Break-even: 6.1 days

Slippage unknown: Aevo: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.47 bp	12.0 bp −$12	62.9 bp −$629	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
Aster ZHIPUUSDT	0.0000%	8h	105.46	−0.083%	$54K	$51K	20x	as long as short
Bybit ZHIPUUSDT	0.0000%	8h	105.65	+0.096%	$300K	$1.3M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.67	+0.115%	$2.9M	$13.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.68	+0.124%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.53	−0.018%	$19K	$314K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	105.68	+0.124%	$112K	$19K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.55	+0.001%	$37K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.64	+0.083%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.59	+0.039%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERPlong	+0.0104%	1h	105.55	long leg	—	—	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZHIPU_USDC_mythos	+0.0149%	8h	105.52	−0.027%	$54	$266	10x	as long as short
OKX ZHIPU-USDT-SWAPshort	+0.0162%	8h	105.71	+0.153%	$5.0M	$18.6M	25x
Bitget ZHIPUUSDT	+0.0244%	8h	105.65	+0.096%	$1.7M	$4.5M	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0364%	1h	105.63	+0.077%	$29.0M	$7.9M	10x	as long as short
Binance ZHIPUUSDT	+0.0573%	4h	105.55	+0.003%	$21.1M	$57.0M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1016%	1h	105.63	+0.077%	$37K	$22K	5x	as long as short
edgeX ZHIPUUSDC	+0.1207%	4h	105.62	+0.068%	$21K	$150K	10x	as long as short