Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h —

Price spread now: Aevo against HTX+0.052%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aevo is 0.052% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZHIPU-USDT	93.910	0	get 0.0000% / 4h	3h 30m	$15K	$347K	20x
Short	Aevo ZHIPU-PERP	93.959	0.0168	get 0.0021% / 1h	30m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee AevobpOrdersPrice spread, now +0.052%Rate

Funding earned: $35.28
Price spread: +0.052% → 0.000%: $5.22
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $12.5
Costs to cover: 0.280%
Break-even: 4.5 days

Slippage unknown: HTX: live order book, 2 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	24.52 bp	43.3 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZHIPUUSDT	0.0000%	8h	93.920	+0.011%	$350K	$1.2M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	94.000	+0.096%	$3.2M	$10.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.020	+0.117%	$2K	$396K	10x	as long as short
HTX ZHIPU-USDTlong	0.0000%	4h	93.910	long leg	$15K	$347K	20x
SoDEX ZHIPU-USD	+0.0050%	1h	93.860	−0.053%	$33K	$3K	10x	as long as short
Lighter ZHIPU	+0.0064%	1h	93.930	+0.021%	$99K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	93.920	+0.010%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	93.950	+0.043%	$816	$798	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.0111%	1h	93.886	−0.026%	$26.4M	$6.9M	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0168%	1h	93.959	+0.052%	—	—	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZHIPU-USD.P	+0.0499%	1h	93.710	−0.213%	$31K	$19K	5x	as long as short
Aster ZHIPUUSDT	+0.0672%	8h	94.337	+0.454%	$53K	$33K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0730%	4h	93.950	+0.043%	$39K	$170K	20x	as long as short
Binance ZHIPUUSDT	+0.0764%	4h	93.916	+0.007%	$21.9M	$55.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1296%	8h	94.000	+0.096%	$1.6M	$3.9M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1721%	8h	94.010	+0.106%	$5.1M	$15.0M	25x	as long as short
edgeX ZHIPUUSDC	+0.1930%	4h	93.930	+0.021%	$20K	$152K	10x	as long as short