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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1192%/8h= +130.5% APRpaid last 24h +0.318%
Price spread now: edgeX against Aster−0.478%70s7-day average · you buy dearer than you sell
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+0.570%+$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.478% cheaper against Aster than usual: you would sell low and buy high (spread −0.478% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 32 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.570% in total) that is about 5.9 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.570% in total (about 29.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT94.3750.0689pay 0.0689% / 8h7h 32m$53K$33K20x
ShortedgeX ZHIPUUSDC93.9240.1881get 0.0941% / 4h3h 32m$20K$152K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$250.33
Price spread: −0.478% → 0.000%
−$47.82
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$185.51
Costs to cover
0.170%
Break-even
1.8 days
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 64 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 edgeX live order book, 64 min ago5.26 bp12.3 bp −$12doesn't fitdoesn'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
Bybit ZHIPUUSDT0.0000%8h94.000−0.398%$350K$1.2M25xas long as short
Gate ZHIPU_USDT0.0000%8h93.890−0.514%$3.2M$10.0M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.170−0.217%$2K$399K10xas long as short
HTX ZHIPU-USDT0.0000%4h93.970−0.429%$20K$335K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.030−0.366%$33K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h93.948−0.452%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h93.860−0.546%$815$79810xas long as short
Aevo ZHIPU-PERP+0.0184%1h93.930−0.471%10xas long as short
Lighter ZHIPU+0.0248%1h94.000−0.398%$99K$16K10xas long as short
tradeXYZ xyz:ZHIPU+0.0325%1h93.918−0.484%$26.4M$6.9M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZHIPU-USD.P+0.0672%1h93.710−0.705%$32K$19K5xas long as short
Aster ZHIPUUSDTlong+0.0689%8h94.375long leg$53K$33K20x
KuCoin ZHIPUUSDTM+0.0808%4h93.930−0.472%$39K$167K20xas long as short
Binance ZHIPUUSDT+0.0872%4h93.870−0.535%$21.9M$55.4M25xas long as short
Bitget ZHIPUUSDT+0.1350%8h93.950−0.451%$1.6M$3.9M20xas long as short
OKX ZHIPU-USDT-SWAP+0.1751%8h93.890−0.514%$5.1M$15.0M25xas long as short
edgeX ZHIPUUSDCshort+0.1881%4h93.924−0.478%$20K$152K10x