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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.1398%/8h= −153.1% APRpaid last 24h −0.056%
Price spread now: Ondo Perps against edgeX−0.152%54s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Ondo Perps is 0.152% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZHIPUUSDC95.3650.1938pay 0.0969% / 4h1h 18m$20K$154K10x
ShortOndo Perps ZHIPU-USD.P95.2200.0540get 0.0067% / 1h18m 10s$33K$23K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
−$293.58
Price spread: −0.152% → 0.000%
−$15.18
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$322.75
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 23 min ago; Ondo Perps: 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 edgeX live order book, 23 min ago5.75 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
SunX ZHIPU-USDT0.0000%4h95.060−0.320%$2K$769K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.940−0.445%$34K$3K10xas long as short
Lighter ZHIPU+0.0080%1h94.990−0.393%$100K$17K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.694−0.703%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.920−0.466%$825$1K10xas long as short
Gate ZHIPU_USDT+0.0184%8h95.030−0.351%$3.2M$11.9M50xas long as short
Aevo ZHIPU-PERP+0.0240%1h94.962−0.423%10xas long as short
Ondo Perps ZHIPU-USD.Pshort+0.0540%1h95.220−0.152%$33K$23K5x
HTX ZHIPU-USDT+0.0863%4h94.990−0.393%$21K$350K20xas long as short
Aster ZHIPUUSDT+0.0908%8h94.970−0.414%$53K$53K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.0931%1h94.913−0.474%$26.8M$7.7M10xas long as short
KuCoin ZHIPUUSDTM+0.0986%4h94.910−0.477%$38K$119K20xas long as short
Binance ZHIPUUSDT+0.1076%4h94.980−0.403%$22.4M$66.3M25xas long as short
Bybit ZHIPUUSDT+0.1473%8h95.030−0.351%$355K$1.5M25xas long as short
Bitget ZHIPUUSDT+0.1612%8h95.030−0.351%$1.7M$4.3M20xas long as short
edgeX ZHIPUUSDClong+0.1938%4h95.365long leg$20K$154K10x
OKX ZHIPU-USDT-SWAP+0.1986%8h95.040−0.341%$5.4M$18.4M25xas long as short