Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Aster+0.732%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 SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.732% dearer against Aster than usual: you sell high and buy low, +$73 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZHIPUUSDT	105.17	0	get 0.0000% / 8h	20m 10s	$54K	$51K	20x
Short	SunX ZHIPU-USDT	105.94	0	get 0.0000% / 4h	20m 10s	$2K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.732%Rate

Funding earned: $0
Price spread: +0.732% → 0.000%: $73.16
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: $57.16
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago	30.35 bp	136.1 bp −$136	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	105.17	long leg	$54K	$51K	20x
Gate ZHIPU_USDT	0.0000%	8h	105.91	+0.703%	$2.9M	$13.4M	50x	as long as short
SunX ZHIPU-USDTshort	0.0000%	4h	105.94	+0.732%	$2K	$1.2M	10x
HTX ZHIPU-USDT	0.0000%	4h	105.64	+0.446%	$19K	$316K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0050%	8h	106.03	+0.817%	$5.0M	$18.8M	25x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.59	+0.399%	$38K	$3K	10x	as long as short
Binance ZHIPUUSDT	+0.0053%	4h	105.83	+0.626%	$21.1M	$57.5M	25x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.64	+0.442%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.67	+0.475%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	105.51	+0.321%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDT	+0.0112%	8h	105.88	+0.675%	$1.7M	$4.4M	20x	as long as short
Lighter ZHIPU	+0.0192%	1h	105.68	+0.484%	$112K	$19K	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0193%	8h	105.49	+0.304%	$76	$266	10x	as long as short
edgeX ZHIPUUSDC	+0.0261%	4h	105.29	+0.114%	$21K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0383%	8h	105.90	+0.694%	$306K	$1.3M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0761%	1h	105.65	+0.456%	$29.1M	$7.9M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1122%	1h	105.87	+0.665%	$37K	$22K	5x	as long as short