Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0232%/8h= +25.4% APRnext payment +$2.32 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against Aster+0.162%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 7 daysno 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 +$7 a day on $10k at the current rate, and Bitget is 0.162% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT104.810get 0.0000% / 8h1h 31m$54K$51K20x
ShortBitget ZHIPUUSDT104.980.0232get 0.0232% / 8h1h 31m$1.7M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$48.72
Price spread: +0.162% → 0.000%
$16.19
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$44.91
Costs to cover
0.200%
Break-even
0.5 days
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Bitget live order book, 2 min ago1.90 bp13.9 bp −$1459.1 bp −$591doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTlong0.0000%8h104.81long leg$54K$51K20x
Binance ZHIPUUSDT0.0000%4h104.91+0.096%$20.8M$57.0M25xas long as short
SunX ZHIPU-USDT0.0000%4h105.00+0.181%$2K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h104.87+0.057%$19K$315K20xas long as short
Gate ZHIPU_USDT+0.0008%8h105.04+0.219%$2.8M$13.6M50xas long as short
Lighter ZHIPU+0.0032%1h104.97+0.152%$119K$9K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h104.91+0.095%$37K$3K10xas long as short
tradeXYZ xyz:ZHIPU+0.0077%1h104.99+0.171%$29.3M$7.6M10xas long as short
Nado ZHIPU-PERP+0.0100%1h105.00+0.184%$23K$1453xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h104.93+0.114%$41K$134K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ZHIPU-PERP+0.0104%1h104.88+0.071%10xas long as short
OKX ZHIPU-USDT-SWAP+0.0147%8h105.10+0.276%$4.8M$18.4M25xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0204%8h104.89+0.076%$76$26610xas long as short
Bitget ZHIPUUSDTshort+0.0232%8h104.98+0.162%$1.7M$4.4M20x
Ondo Perps ZHIPU-USD.P+0.0364%1h104.85+0.038%$36K$22K5xas long as short
Bybit ZHIPUUSDT+0.0380%8h105.04+0.219%$303K$1.3M25xas long as short
edgeX ZHIPUUSDC+0.0438%4h104.99+0.173%$21K$150K10xas long as short