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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0405%/8h= +44.3% APRpaid last 24h +0.196%
Price spread now: tradeXYZ against Gate0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.415%+$42 on $10k
Price spread, last 7 days−0.158%−$16 · spread now 0.000%, 7d avg +0.011%
Together, before fees+0.258%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZHIPU_USDT105.870get 0.0000% / 8h7h 23m$2.9M$13.1M50x
ShorttradeXYZ xyz:ZHIPU105.870.0405get 0.0051% / 1h23m 06s$29.0M$7.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$85.05
Price spread: 0.000% → +0.011%
−$1.08
Slippage, 4 orders
−$24.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$26.22
Costs to cover
0.578%
Break-even
4.8 days
Slippage from Gate: live order book, 6 min ago; tradeXYZ: live order book, 6 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 Gate live order book, 6 min ago2.83 bp13.8 bp −$1440.6 bp −$40682.1 bp −$8,214doesn't fit
Sell tradeXYZ live order book, 6 min ago1.42 bp15.7 bp −$16doesn'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%8h105.59−0.266%$54K$51K20xas long as short
Gate ZHIPU_USDTlong0.0000%8h105.87long leg$2.9M$13.1M50x
SunX ZHIPU-USDT0.0000%4h105.90+0.028%$1K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h105.75−0.113%$19K$314K20xas long as short
Lighter ZHIPU+0.0032%1h105.76−0.104%$112K$19K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h105.76−0.104%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h105.88+0.006%$23K$203xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h105.79−0.076%$42K$128K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h105.77−0.094%10xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0143%8h105.76−0.104%$54$26610xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZHIPU-USDT-SWAP+0.0151%8h105.97+0.094%$5.0M$18.6M25xas long as short
Bitget ZHIPUUSDT+0.0170%8h105.83−0.038%$1.8M$4.6M20xas long as short
tradeXYZ xyz:ZHIPUshort+0.0405%1h105.870.000%$29.0M$7.9M10x
Binance ZHIPUUSDT+0.0516%4h105.76−0.104%$21.2M$56.8M25xas long as short
Bybit ZHIPUUSDT+0.0685%8h105.93+0.057%$431K$1.4M25xas long as short
edgeX ZHIPUUSDC+0.1020%4h105.86−0.010%$21K$151K10xas long as short
Ondo Perps ZHIPU-USD.P+0.1026%1h105.97+0.094%$37K$22K5xas long as short