Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h —

Price spread now: Aevo against Bitget−0.026%7-day average — · you buy dearer than you sell

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

Long on Bitget 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 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	Bitget ZHIPUUSDT	105.22	0.0097	pay 0.0097% / 8h	26m 40s	$1.7M	$4.4M	20x
Short	Aevo ZHIPU-PERP	105.19	0.0104	get 0.0013% / 1h	26m 40s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now −0.026%Rate

Funding earned: $1.47
Price spread: −0.026% → 0.000%: −$2.6
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$29.13
Costs to cover: 0.280%
Break-even: 145.7 days

Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago	2.85 bp	19.6 bp −$20	28.6 bp −$286	doesn't fit	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
Aster ZHIPUUSDT	0.0000%	8h	105.10	−0.114%	$54K	$51K	20x	as long as short
Binance ZHIPUUSDT	0.0000%	4h	105.18	−0.038%	$20.9M	$57.3M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.35	+0.124%	$2.9M	$13.4M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.27	+0.048%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.19	−0.029%	$19K	$316K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0021%	8h	105.41	+0.181%	$5.0M	$18.6M	25x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.19	−0.029%	$37K	$3K	10x	as long as short
Bitget ZHIPUUSDTlong	+0.0097%	8h	105.22	long leg	$1.7M	$4.4M	20x
Nado ZHIPU-PERP	+0.0100%	1h	105.27	+0.050%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.18	−0.038%	$41K	$130K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ZHIPU-PERPshort	+0.0104%	1h	105.19	−0.026%	—	—	10x
Lighter ZHIPU	+0.0120%	1h	105.28	+0.057%	$111K	$19K	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0204%	8h	105.18	−0.038%	$76	$266	10x	as long as short
Bybit ZHIPUUSDT	+0.0344%	8h	105.32	+0.095%	$304K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.0368%	4h	105.25	+0.031%	$21K	$150K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.0657%	1h	105.26	+0.038%	$29.0M	$7.9M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1023%	1h	105.31	+0.086%	$37K	$22K	5x	as long as short