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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0255%/8h= +27.9% APRpaid last 24h +0.022%
Price spread now: HTX against Aster−0.577%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−0.175%−$18 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
Funding pays, the price is against you. HTX is 0.577% cheaper against Aster than usual: you would sell low and buy high (spread −0.577% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 7.6 days of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.175%, 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 -0.175% in total (about -9.1% 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 ZHIPUUSDT97.3820.0717pay 0.0717% / 8h4h 39m$50K$52K20x
ShortHTX ZHIPU-USDT96.8200.0972get 0.0486% / 4h39m 57s$17K$324K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$53.5
Price spread: −0.577% → 0.000%
−$57.73
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$24.23
Costs to cover
0.200%
Break-even
10.2 days
Slippage unknown: Aster: no order-book sample; HTX: live order book, 17 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 HTX live order book, 17 min ago5.62 bp12.7 bp −$1335.8 bp −$358doesn'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
SunX ZHIPU-USDT0.0000%4h97.210−0.177%$1K$845K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h97.050−0.341%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.973−0.420%$27K$3K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h97.090−0.300%$572$79810xas long as short
Aevo ZHIPU-PERP+0.0240%1h97.153−0.235%10xas long as short
Gate ZHIPU_USDT+0.0317%8h97.230−0.156%$3.0M$11.4M50xas long as short
Ondo Perps ZHIPU-USD.P+0.0537%1h97.000−0.392%$36K$20K5xas long as short
Aster ZHIPUUSDTlong+0.0717%8h97.382long leg$50K$52K20x
Lighter ZHIPU+0.0856%1h97.180−0.208%$102K$20K10xas long as short
HTX ZHIPU-USDTshort+0.0972%4h96.820−0.577%$17K$324K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.1237%1h97.078−0.312%$27.3M$7.1M10xas long as short
Bitget ZHIPUUSDT+0.1503%8h97.120−0.269%$1.9M$3.9M20xas long as short
KuCoin ZHIPUUSDTM+0.1530%4h97.000−0.392%$40K$123K20xas long as short
OKX ZHIPU-USDT-SWAP+0.1821%8h97.210−0.177%$5.6M$16.2M25xas long as short
Binance ZHIPUUSDT+0.2190%4h97.000−0.392%$22.7M$59.3M25xas long as short
edgeX ZHIPUUSDC+0.2511%4h96.911−0.484%$19K$150K10xas long as short
Bybit ZHIPUUSDT+0.2539%8h97.090−0.300%$310K$1.4M25xas long as short