Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.073%

Price spread now: KuCoin against Aster+0.065%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 KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.065% dearer against Aster than usual: you sell high and buy low: +$7 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 −0.168%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZHIPUUSDT	105.52	0	get 0.0000% / 8h	7h 52m	$54K	$51K	20x
Short	KuCoin ZHIPUUSDTM	105.59	0.0100	get 0.0050% / 4h	3h 52m	$41K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.065%Rate

Funding earned: $21
Price spread: +0.065% → 0.000%: $6.5
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.5
Costs to cover: 0.200%
Break-even: 4.5 days

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 61 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 KuCoin live order book, 61 min ago	12.82 bp	75.4 bp −$75	doesn't fit	doesn't fit	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	105.52	long leg	$54K	$51K	20x
Bybit ZHIPUUSDT	0.0000%	8h	105.62	+0.093%	$300K	$1.3M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.62	+0.093%	$2.9M	$13.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.65	+0.122%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.47	−0.049%	$19K	$314K	20x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.54	+0.018%	$37K	$3K	10x	as long as short
Lighter ZHIPU	+0.0080%	1h	105.63	+0.103%	$112K	$19K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.62	+0.089%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTMshort	+0.0100%	4h	105.59	+0.065%	$41K	$130K	20x
Aevo ZHIPU-PERP	+0.0104%	1h	105.71	+0.182%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZHIPU_USDC_mythos	+0.0149%	8h	105.52	−0.001%	$54	$266	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0170%	8h	105.65	+0.122%	$5.0M	$18.6M	25x	as long as short
Bitget ZHIPUUSDT	+0.0257%	8h	105.60	+0.074%	$1.7M	$4.5M	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0436%	1h	105.66	+0.131%	$29.0M	$7.9M	10x	as long as short
Binance ZHIPUUSDT	+0.0591%	4h	105.54	+0.014%	$21.1M	$57.0M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1022%	1h	105.63	+0.103%	$37K	$22K	5x	as long as short
edgeX ZHIPUUSDC	+0.1200%	4h	105.63	+0.100%	$21K	$150K	10x	as long as short