Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0626%/8h= +68.5% APRnext payment +$0.78 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Aevo+0.036%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 Ondo Perps

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 airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Ondo Perps is 0.036% dearer against Aevo than usual: you sell high and buy low: +$4 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	94.796	0.0104	pay 0.0013% / 1h	27m 37s	—	—	10x
Short	Ondo Perps ZHIPU-USD.P	94.830	0.0730	get 0.0091% / 1h	27m 37s	$32K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.036%Rate

Funding earned: $131.38
Price spread: +0.036% → 0.000%: $3.64
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $114.01
Costs to cover: 0.210%
Break-even: 0.9 days

Slippage unknown: Aevo: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aevo and 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 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	94.930	+0.142%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.940	+0.152%	$2K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.900	+0.110%	$16K	$346K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.770	−0.027%	$100K	$16K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.820	+0.026%	$34K	$3K	10x	as long as short
Aster ZHIPUUSDT	+0.0072%	8h	94.804	+0.009%	$54K	$33K	20x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.834	+0.041%	$43K	$12K	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.840	+0.047%	$39K	$288K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.810	+0.015%	$824	$798	10x	as long as short
Aevo ZHIPU-PERPlong	+0.0104%	1h	94.796	long leg	—	—	10x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0318%	4h	94.880	+0.089%	$22.0M	$55.8M	25x	as long as short
edgeX ZHIPUUSDC	+0.0358%	4h	94.806	+0.011%	$20K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0473%	8h	94.930	+0.142%	$356K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0481%	1h	94.812	+0.017%	$26.6M	$6.8M	10x	as long as short
Bitget ZHIPUUSDT	+0.0654%	8h	94.950	+0.163%	$1.6M	$4.0M	20x	as long as short
Ondo Perps ZHIPU-USD.Pshort	+0.0730%	1h	94.830	+0.036%	$32K	$18K	5x
OKX ZHIPU-USDT-SWAP	+0.1096%	8h	94.970	+0.184%	$5.1M	$15.3M	25x	as long as short