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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0433%/8h= −47.4% APRnext payment $4.33 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Bitget−0.052%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.052% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZHIPUUSDT102.290.0433pay 0.0433% / 8h6h 23m$1.9M$3.9M20x
ShortAster ZHIPUUSDT102.240get 0.0000% / 8h6h 23m$52K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$90.93
Price spread: −0.052% → 0.000%
−$5.25
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$116.18
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago6.30 bp28.7 bp −$2973.7 bp −$737doesn't fitdoesn't fit
Sell Aster no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTshort0.0000%8h102.24−0.052%$52K$51K20x
SunX ZHIPU-USDT0.0000%4h102.67+0.371%$1K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h102.52+0.225%$36K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h102.25−0.040%$26K$2K3xas long as short
Aevo ZHIPU-PERP+0.0104%1h102.66+0.358%10xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0144%8h102.53+0.235%$53$26610xas long as short
Gate ZHIPU_USDT+0.0150%8h102.40+0.108%$2.9M$11.2M50xas long as short
Bitget ZHIPUUSDTlong+0.0433%8h102.29long leg$1.9M$3.9M20x
KuCoin ZHIPUUSDTM+0.0444%4h102.40+0.108%$42K$130K20xas long as short
OKX ZHIPU-USDT-SWAP+0.0450%8h102.43+0.137%$5.1M$16.2M25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.0488%1h102.27−0.020%$108K$20K10xas long as short
HTX ZHIPU-USDT+0.0609%4h102.57+0.274%$18K$305K20xas long as short
Binance ZHIPUUSDT+0.1283%4h102.46+0.162%$21.4M$55.3M25xas long as short
tradeXYZ xyz:ZHIPU+0.1504%1h102.45+0.156%$28.1M$5.8M10xas long as short
edgeX ZHIPUUSDC+0.1505%4h103.33+1.018%$20K$152K10xas long as short
Ondo Perps ZHIPU-USD.P+0.1918%1h102.34+0.049%$37K$20K5xas long as short
Bybit ZHIPUUSDT+0.1947%8h102.40+0.108%$385K$1.3M25xas long as short