Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0535%/8h= −58.6% APRpaid last 24h +0.015%

Price spread now: SoDEX against Aster+0.255%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 SoDEX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. SoDEX is 0.255% dearer against Aster than usual: you sell high and buy low (spread +0.255% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZHIPUUSDT	95.865	0.0585	pay 0.0585% / 8h	3h 47m	$49K	$51K	20x
Short	SoDEX ZHIPU-USD	96.110	0.0050	get 0.0006% / 1h	47m 52s	$34K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.255%Rate

Funding earned: −$112.37
Price spread: +0.255% → 0.000%: $25.55
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$102.83
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Aster and SoDEX: 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
SunX ZHIPU-USDT	0.0000%	4h	96.160	+0.308%	$1K	$851K	10x	as long as short
Lighter ZHIPU	+0.0048%	1h	96.150	+0.297%	$101K	$20K	10x	as long as short
SoDEX ZHIPU-USDshort	+0.0050%	1h	96.110	+0.255%	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	96.175	+0.323%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.120	+0.266%	$567	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0102%	8h	96.260	+0.412%	$2.9M	$11.8M	50x	as long as short
Aevo ZHIPU-PERP	+0.0184%	1h	96.083	+0.227%	—	—	10x	as long as short
HTX ZHIPU-USDT	+0.0391%	4h	96.240	+0.391%	$17K	$332K	20x	as long as short
Aster ZHIPUUSDTlong	+0.0585%	8h	95.865	long leg	$49K	$51K	20x
Ondo Perps ZHIPU-USD.P	+0.0734%	1h	96.070	+0.214%	$36K	$20K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZHIPUUSDTM	+0.0988%	4h	96.170	+0.318%	$39K	$125K	20x	as long as short
Binance ZHIPUUSDT	+0.1255%	4h	96.210	+0.360%	$22.6M	$63.3M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1332%	1h	96.187	+0.336%	$27.0M	$7.2M	10x	as long as short
edgeX ZHIPUUSDC	+0.1364%	4h	95.993	+0.133%	$19K	$150K	10x	as long as short
Bitget ZHIPUUSDT	+0.1371%	8h	96.280	+0.433%	$1.9M	$4.0M	20x	as long as short
Bybit ZHIPUUSDT	+0.1589%	8h	96.270	+0.422%	$273K	$1.4M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1801%	8h	96.330	+0.485%	$5.8M	$17.0M	25x	as long as short