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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Aster+0.161%48s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.161% 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). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT104.800get 0.0000% / 8h1h 07m$54K$51K20x
ShortNado ZHIPU-PERP104.960.0100get 0.0012% / 1h7m 51s$23K$1453x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$21
Price spread: +0.161% → 0.000%
$16.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$22.07
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Nado: no order-book sample. 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 Nado no order-book sample
Aster and Nado: 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%8h104.80long leg$54K$51K20x
Binance ZHIPUUSDT0.0000%4h104.86+0.066%$20.8M$57.0M25xas long as short
Gate ZHIPU_USDT0.0000%8h104.99+0.185%$2.9M$13.7M50xas long as short
SunX ZHIPU-USDT0.0000%4h104.93+0.128%$1K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h104.83+0.033%$19K$315K20xas long as short
Lighter ZHIPU+0.0032%1h104.95+0.147%$119K$9K10xas long as short
tradeXYZ xyz:ZHIPU+0.0050%1h104.95+0.147%$29.2M$7.7M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h104.94+0.138%$37K$3K10xas long as short
OKX ZHIPU-USDT-SWAP+0.0061%8h105.06+0.252%$4.9M$18.5M25xas long as short
Nado ZHIPU-PERPshort+0.0100%1h104.96+0.161%$23K$1453x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZHIPUUSDTM+0.0100%4h104.89+0.090%$41K$133K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h104.84+0.043%10xas long as short
Bitget ZHIPUUSDT+0.0131%8h104.92+0.119%$1.7M$4.4M20xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0204%8h104.82+0.023%$76$26610xas long as short
Ondo Perps ZHIPU-USD.P+0.0231%1h104.83+0.033%$36K$22K5xas long as short
Bybit ZHIPUUSDT+0.0285%8h104.92+0.119%$303K$1.3M25xas long as short
edgeX ZHIPUUSDC+0.0940%4h104.95+0.145%$21K$149K10xas long as short