Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against Aster+0.077%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Aevo

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 +$3 a day on $10k at the current rate, and Aevo is 0.077% dearer against Aster than usual: you sell high and buy low: +$8 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	Aster ZHIPUUSDT	105.43	0	get 0.0000% / 8h	7h 35m	$54K	$51K	20x
Short	Aevo ZHIPU-PERP	105.51	0.0104	get 0.0013% / 1h	35m 54s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now +0.077%Rate

Funding earned: $21.84
Price spread: +0.077% → 0.000%: $7.67
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: $5.51
Costs to cover: 0.240%
Break-even: 5.2 days

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

Aster and 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 ZHIPUUSDTlong	0.0000%	8h	105.43	long leg	$54K	$51K	20x
Bybit ZHIPUUSDT	0.0000%	8h	105.62	+0.181%	$304K	$1.3M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.65	+0.210%	$2.9M	$13.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.64	+0.200%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.53	+0.096%	$19K	$314K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	105.60	+0.162%	$112K	$19K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.56	+0.124%	$37K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.64	+0.196%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.59	+0.153%	$41K	$129K	20x	as long as short
Aevo ZHIPU-PERPshort	+0.0104%	1h	105.51	+0.077%	—	—	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAP	+0.0138%	8h	105.75	+0.304%	$5.0M	$18.6M	25x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0143%	8h	105.54	+0.105%	$54	$266	10x	as long as short
Bitget ZHIPUUSDT	+0.0190%	8h	105.64	+0.200%	$1.7M	$4.5M	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0259%	1h	105.62	+0.181%	$29.0M	$7.9M	10x	as long as short
Binance ZHIPUUSDT	+0.0499%	4h	105.55	+0.118%	$21.1M	$57.0M	25x	as long as short
edgeX ZHIPUUSDC	+0.0761%	4h	105.61	+0.167%	$21K	$150K	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0918%	1h	105.69	+0.247%	$37K	$22K	5x	as long as short