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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0999%/8h= +109.4% APRpaid last 24h +0.260%
Price spread now: edgeX against Bitget+0.008%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2262.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.528%+$53 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.008%, 7d avg +0.065%
Together, before fees+0.529%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.528% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.528% in total (about 27.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZHIPUUSDT106.830.0431pay 0.0431% / 8h6h 44m$2.0M$4.5M20x
ShortedgeX ZHIPUUSDC106.840.1430get 0.0715% / 4h2h 44m$21K$152K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$209.77
Price spread: +0.008% → +0.065%
−$5.63
Slippage, 4 orders
−$204.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$21.85
Costs to cover
2.260%
Break-even
7.7 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 22 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 Bitget live order book, 3 min ago4.68 bp20.7 bp −$2162.1 bp −$621doesn't fitdoesn't fit
Sell edgeX live order book, 22 min ago11.27 bp91.6 bp −$92doesn'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%8h106.18−0.607%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h107.00+0.159%$2K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.830.000%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.87+0.034%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.89+0.056%10xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0198%8h106.85+0.019%$55$26610xas long as short
Gate ZHIPU_USDT+0.0209%8h107.10+0.253%$2.9M$10.3M50xas long as short
OKX ZHIPU-USDT-SWAP+0.0392%8h107.04+0.197%$5.1M$18.5M25xas long as short
Bitget ZHIPUUSDTlong+0.0431%8h106.83long leg$2.0M$4.5M20x
KuCoin ZHIPUUSDTM+0.0468%4h106.87+0.037%$44K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.1136%1h106.85+0.019%$113K$20K10xas long as short
HTX ZHIPU-USDT+0.1267%4h107.08+0.234%$19K$307K20xas long as short
Binance ZHIPUUSDT+0.1295%4h106.79−0.037%$21.6M$56.7M25xas long as short
edgeX ZHIPUUSDCshort+0.1430%4h106.84+0.008%$21K$152K10x
tradeXYZ xyz:ZHIPU+0.2377%1h106.81−0.019%$29.1M$7.4M10xas long as short
Bybit ZHIPUUSDT+0.2667%8h107.02+0.178%$406K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.3236%1h107.29+0.431%$37K$24K5xas long as short