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+0.0671%/8h= +73.4% APRnext payment +$3.35 per $10,000 · paid last 24h +0.290%
Price spread now: edgeX against HTX+0.006%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2072.066% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.652%+$65 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now +0.006%, 7d avg +0.131%
Together, before fees+0.684%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.124% cheaper against HTX than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.131%). If the spread goes back, that is −$12 on $10k: about 15 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.652% in total) that is about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZHIPU-USDT105.810get 0.0000% / 4h3h 27m$19K$314K20x
ShortedgeX ZHIPUUSDC105.820.0671get 0.0335% / 4h3h 27m$21K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$140.83
Price spread: +0.006% → +0.131%
−$12.43
Slippage, 4 orders
−$185.58
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$78.18
Costs to cover
2.066%
Break-even
10.9 days
Slippage from HTX: live order book, 45 min ago; edgeX: live order book, 44 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 HTX live order book, 45 min ago3.31 bp14.1 bp −$1423.2 bp −$232doesn't fitdoesn't fit
Sell edgeX live order book, 44 min ago11.34 bp90.9 bp −$91doesn'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%8h105.56−0.237%$54K$51K20xas long as short
Gate ZHIPU_USDT0.0000%8h105.94+0.123%$2.9M$13.1M50xas long as short
SunX ZHIPU-USDT0.0000%4h105.87+0.057%$1K$1.2M10xas long as short
HTX ZHIPU-USDTlong0.0000%4h105.81long leg$19K$314K20x
Lighter ZHIPU+0.0032%1h105.76−0.047%$112K$19K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h105.72−0.085%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h105.80−0.013%$23K$203xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h105.76−0.047%$41K$128K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h105.71−0.090%10xas long as short
OKX ZHIPU-USDT-SWAP+0.0140%8h106.04+0.217%$5.0M$18.6M25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZHIPU_USDC_mythos+0.0143%8h105.71−0.095%$54$26610xas long as short
Bitget ZHIPUUSDT+0.0166%8h105.87+0.057%$1.7M$4.5M20xas long as short
Bybit ZHIPUUSDT+0.0304%8h105.98+0.161%$424K$1.4M25xas long as short
tradeXYZ xyz:ZHIPU+0.0332%1h105.82+0.009%$29.0M$7.9M10xas long as short
Binance ZHIPUUSDT+0.0485%4h105.79−0.016%$21.2M$56.9M25xas long as short
edgeX ZHIPUUSDCshort+0.0671%4h105.82+0.006%$21K$150K10x
Ondo Perps ZHIPU-USD.P+0.0964%1h105.71−0.095%$37K$22K5xas long as short