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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0372%/8h= −40.7% APRnext payment $3.72 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Aster−0.058%7-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+0.003%$0 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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.058% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.72 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 ZHIPUUSDT97.1160.0696pay 0.0696% / 8h4h 44m$50K$52K20x
ShortGate ZHIPU_USDT97.0600.0324get 0.0324% / 8h4h 44m$3.0M$11.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$78.09
Price spread: −0.058% → 0.000%
−$5.75
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$106.85
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago5.12 bp17.7 bp −$1851.5 bp −$51579.9 bp −$7,991doesn'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
SunX ZHIPU-USDT0.0000%4h97.130+0.015%$1K$853K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h97.040−0.078%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.649−0.480%$27K$3K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.970−0.150%$572$79810xas long as short
Aevo ZHIPU-PERP+0.0216%1h97.059−0.058%10xas long as short
Gate ZHIPU_USDTshort+0.0324%8h97.060−0.058%$3.0M$11.3M50x
Ondo Perps ZHIPU-USD.P+0.0591%1h97.000−0.119%$37K$20K5xas long as short
Aster ZHIPUUSDTlong+0.0696%8h97.116long leg$50K$52K20x
HTX ZHIPU-USDT+0.1026%4h97.030−0.088%$17K$325K20xas long as short
Lighter ZHIPU+0.1032%1h96.870−0.253%$102K$20K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.1335%1h96.973−0.147%$27.3M$7.1M10xas long as short
Bitget ZHIPUUSDT+0.1485%8h97.000−0.119%$1.9M$3.9M20xas long as short
KuCoin ZHIPUUSDTM+0.1534%4h97.010−0.109%$40K$123K20xas long as short
OKX ZHIPU-USDT-SWAP+0.1782%8h97.040−0.078%$5.6M$16.1M25xas long as short
Binance ZHIPUUSDT+0.2218%4h96.850−0.274%$22.4M$59.2M25xas long as short
edgeX ZHIPUUSDC+0.2628%4h97.517+0.413%$19K$151K10xas long as short
Bybit ZHIPUUSDT+0.2630%8h96.900−0.222%$336K$1.3M25xas long as short