Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.2182%/8h= −238.9% APRpaid last 24h —

Price spread now: Aevo against Binance+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.076% dearer against Binance than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZHIPUUSDT	99.192	0.2318	pay 0.1159% / 4h	1h 06m	$23.0M	$58.3M	25x
Short	Aevo ZHIPU-PERP	99.267	0.0136	get 0.0017% / 1h	6m 12s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now +0.076%Rate

Funding earned: −$458.15
Price spread: +0.076% → 0.000%: $7.58
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$476.57
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; Aevo: 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 Binance live order book, 6 min ago	0.50 bp	10.3 bp −$10	31.6 bp −$316	162.8 bp −$16.3K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	99.390	+0.200%	$2K	$863K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	99.240	+0.049%	$35K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	99.294	+0.103%	$27K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	99.310	+0.119%	$585	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0136%	1h	99.267	+0.076%	—	—	10x
Gate ZHIPU_USDT	+0.0464%	8h	99.430	+0.240%	$3.2M	$11.2M	50x	as long as short
Aster ZHIPUUSDT	+0.0595%	8h	99.298	+0.107%	$51K	$52K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1197%	1h	99.070	−0.123%	$37K	$21K	5x	as long as short
HTX ZHIPU-USDT	+0.1201%	4h	98.920	−0.274%	$18K	$323K	20x	as long as short
Bitget ZHIPUUSDT	+0.1378%	8h	99.390	+0.200%	$2.0M	$3.7M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter ZHIPU	+0.1424%	1h	99.390	+0.200%	$105K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.1562%	4h	99.410	+0.220%	$40K	$122K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1574%	8h	99.210	+0.018%	$5.4M	$15.6M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1854%	1h	99.313	+0.122%	$28.0M	$6.7M	10x	as long as short
Binance ZHIPUUSDTlong	+0.2318%	4h	99.192	long leg	$23.0M	$58.3M	25x
Bybit ZHIPUUSDT	+0.2864%	8h	99.210	+0.018%	$366K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.3177%	4h	98.802	−0.393%	$19K	$150K	10x	as long as short