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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0479%/8h= +52.4% APRnext payment +$2.39 per $10,000 · paid last 24h +0.115%
Price spread now: edgeX against Binance+0.072%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2032.030% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.548%+$55 on $10k
Price spread, last 2 days (all we have)+0.112%+$11 · spread now +0.072%, 7d avg +0.136%
Together, before fees+0.660%+ Points / potential airdropedgeX: Active · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.064% cheaper against Binance than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.136%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZHIPUUSDT104.880get 0.0000% / 4h1h 49m$20.8M$56.9M25x
ShortedgeX ZHIPUUSDC104.960.0479get 0.0239% / 4h1h 49m$21K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$100.56
Price spread: +0.072% → +0.136%
−$6.42
Slippage, 4 orders
−$184.04
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$108.9
Costs to cover
2.030%
Break-even
14.6 days
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.48 bp11.2 bp −$1117.7 bp −$177174.6 bp −$17.5Kdoesn't fit
Sell edgeX live order book, 32 min ago10.98 bp89.0 bp −$89doesn't fitdoesn't fitdoesn't fit

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 ZHIPUUSDT0.0000%8h104.82−0.062%$54K$51K20xas long as short
Binance ZHIPUUSDTlong0.0000%4h104.88long leg$20.8M$56.9M25x
SunX ZHIPU-USDT0.0000%4h104.95+0.067%$1K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h104.90+0.019%$19K$315K20xas long as short
Lighter ZHIPU+0.0032%1h104.95+0.067%$119K$9K10xas long as short
Gate ZHIPU_USDT+0.0034%8h105.01+0.124%$2.8M$13.6M50xas long as short
SoDEX ZHIPU-USD+0.0050%1h104.880.000%$37K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h104.99+0.102%$23K$1453xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h104.94+0.057%$41K$134K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h104.87−0.006%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.0112%1h104.97+0.086%$29.3M$7.6M10xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0203%8h104.86−0.019%$76$26610xas long as short
OKX ZHIPU-USDT-SWAP+0.0214%8h105.06+0.172%$4.8M$18.4M25xas long as short
Bitget ZHIPUUSDT+0.0297%8h104.95+0.067%$1.7M$4.4M20xas long as short
Bybit ZHIPUUSDT+0.0460%8h105.01+0.124%$303K$1.3M25xas long as short
Ondo Perps ZHIPU-USD.P+0.0467%1h104.90+0.019%$40K$19K5xas long as short
edgeX ZHIPUUSDCshort+0.0479%4h104.96+0.072%$21K$149K10x