Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0409%/8h= +44.7% APRpaid last 24h +0.132%

Price spread now: tradeXYZ against Aster+0.020%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 tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.418%+$42 on $10k

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZHIPUUSDT	94.805	0.0072	pay 0.0072% / 8h	5h 26m	$54K	$33K	20x
Short	tradeXYZ xyz:ZHIPU	94.824	0.0481	get 0.0060% / 1h	26m 57s	$26.6M	$6.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.020%Rate

Funding earned: $85.81
Price spread: +0.020% → 0.000%: $1.99
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $61.8
Costs to cover: 0.260%
Break-even: 2.0 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago	0.53 bp	14.7 bp −$15	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 exchanges

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
Gate ZHIPU_USDT	0.0000%	8h	94.950	+0.153%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.980	+0.184%	$2K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.920	+0.121%	$16K	$346K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.780	−0.027%	$100K	$16K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.840	+0.037%	$34K	$3K	10x	as long as short
Aster ZHIPUUSDTlong	+0.0072%	8h	94.805	long leg	$54K	$33K	20x
Nado ZHIPU-PERP	+0.0100%	1h	94.834	+0.031%	$43K	$12K	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.850	+0.047%	$39K	$288K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.820	+0.016%	$824	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	94.827	+0.023%	—	—	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0318%	4h	94.860	+0.058%	$22.0M	$55.8M	25x	as long as short
edgeX ZHIPUUSDC	+0.0358%	4h	94.806	+0.001%	$20K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0473%	8h	94.940	+0.142%	$356K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPUshort	+0.0481%	1h	94.824	+0.020%	$26.6M	$6.8M	10x
Bitget ZHIPUUSDT	+0.0654%	8h	94.940	+0.142%	$1.6M	$4.0M	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0730%	1h	94.830	+0.026%	$32K	$18K	5x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1092%	8h	94.980	+0.184%	$5.1M	$15.3M	25x	as long as short