Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.148%

Price spread now: Binance against Aster+0.021%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 Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it 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	104.83	0	get 0.0000% / 8h	2h 09m	$54K	$51K	20x
Short	Binance ZHIPUUSDT	104.85	0	get 0.0000% / 4h	2h 09m	$20.8M	$56.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → 0.000%: $2.13
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.87
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 3 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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	0.48 bp	13.8 bp −$14	42.9 bp −$429	239.2 bp −$23.9K	doesn't fit

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
Aster ZHIPUUSDTlong	0.0000%	8h	104.83	long leg	$54K	$51K	20x
Binance ZHIPUUSDTshort	0.0000%	4h	104.85	+0.021%	$20.8M	$56.9M	25x
SunX ZHIPU-USDT	0.0000%	4h	104.91	+0.079%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	104.84	+0.012%	$19K	$317K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	104.92	+0.088%	$119K	$9K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.0050%	1h	104.97	+0.136%	$29.3M	$7.6M	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	104.83	+0.002%	$37K	$3K	10x	as long as short
Gate ZHIPU_USDT	+0.0055%	8h	104.95	+0.117%	$2.8M	$13.7M	50x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	104.96	+0.128%	$23K	$145	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	104.85	+0.021%	$41K	$136K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ZHIPU-PERP	+0.0120%	1h	104.80	−0.028%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0203%	8h	104.81	−0.017%	$76	$266	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0258%	1h	104.78	−0.045%	$40K	$19K	5x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0279%	8h	104.98	+0.145%	$4.8M	$18.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.0341%	8h	104.92	+0.088%	$1.7M	$4.4M	20x	as long as short
Bybit ZHIPUUSDT	+0.0543%	8h	104.82	−0.007%	$303K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.0564%	4h	104.96	+0.130%	$21K	$149K	10x	as long as short