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+0.0498%/8h= +54.5% APRnext payment +$4.98 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Gate−0.135%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−0.003%$0 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
Funding pays, the price is against you. Aster is 0.135% cheaper against Gate than usual: you would sell low and buy high (spread −0.135% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 22 hours of funding at the current rate (+$15 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.98 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
LongGate ZHIPU_USDT95.9600.0094pay 0.0094% / 8h3h 51m$2.9M$11.7M50x
ShortAster ZHIPUUSDT95.8300.0592get 0.0592% / 8h3h 51m$49K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$104.59
Price spread: −0.135% → 0.000%
−$13.53
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
$68.06
Costs to cover
0.230%
Break-even
2.4 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago4.17 bp16.7 bp −$1752.1 bp −$52187.5 bp −$8,751doesn'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
SunX ZHIPU-USDT0.0000%4h95.950−0.010%$1K$852K10xas long as short
HTX ZHIPU-USDT0.0000%4h95.840−0.125%$17K$333K20xas long as short
Lighter ZHIPU+0.0040%1h95.940−0.021%$101K$20K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.840−0.125%$34K$3K10xas long as short
Gate ZHIPU_USDTlong+0.0094%8h95.960long leg$2.9M$11.7M50x
Nado ZHIPU-PERP+0.0100%1h95.962+0.002%$26K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h95.870−0.094%$565$79810xas long as short
Aevo ZHIPU-PERP+0.0176%1h95.879−0.085%10xas long as short
Ondo Perps ZHIPU-USD.P+0.0544%1h95.930−0.031%$36K$20K5xas long as short
Aster ZHIPUUSDTshort+0.0592%8h95.830−0.135%$49K$51K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZHIPUUSDTM+0.0994%4h95.930−0.031%$39K$125K20xas long as short
tradeXYZ xyz:ZHIPU+0.1192%1h95.9600.000%$26.9M$7.2M10xas long as short
Binance ZHIPUUSDT+0.1257%4h95.890−0.073%$22.5M$63.2M25xas long as short
Bitget ZHIPUUSDT+0.1367%8h95.9600.000%$1.9M$4.0M20xas long as short
Bybit ZHIPUUSDT+0.1562%8h95.840−0.125%$272K$1.4M25xas long as short
OKX ZHIPU-USDT-SWAP+0.1792%8h96.010+0.052%$5.8M$17.0M25xas long as short
edgeX ZHIPUUSDC+0.1910%4h96.010+0.052%$19K$150K10xas long as short