Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1132%/8h= −123.9% APRpaid last 24h −0.023%

Price spread now: SoDEX against HTX+0.042%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.042% dearer against HTX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZHIPU-USDT	95.790	0.1182	pay 0.0591% / 4h	1h 44m	$21K	$352K	20x
Short	SoDEX ZHIPU-USD	95.830	0.0050	get 0.0006% / 1h	44m 27s	$34K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$237.62
Price spread: +0.042% → 0.000%: $4.18
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$253.45
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 63 min ago; SoDEX: 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, 63 min ago	9.01 bp	15.0 bp −$15	30.2 bp −$302	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
SunX ZHIPU-USDT	0.0000%	4h	95.900	+0.115%	$1K	$807K	10x	as long as short
Lighter ZHIPU	+0.0032%	1h	95.850	+0.063%	$101K	$17K	10x	as long as short
SoDEX ZHIPU-USDshort	+0.0050%	1h	95.830	+0.042%	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	95.667	−0.128%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.650	−0.146%	$831	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0180%	8h	95.830	+0.042%	$3.2M	$11.7M	50x	as long as short
Aevo ZHIPU-PERP	+0.0280%	1h	95.698	−0.096%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0923%	1h	95.730	−0.063%	$33K	$23K	5x	as long as short
Aster ZHIPUUSDT	+0.0940%	8h	95.927	+0.143%	$53K	$58K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1002%	4h	95.850	+0.063%	$39K	$121K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDTlong	+0.1182%	4h	95.790	long leg	$21K	$352K	20x
Binance ZHIPUUSDT	+0.1208%	4h	95.685	−0.110%	$22.7M	$66.9M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1342%	1h	95.757	−0.034%	$27.0M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1598%	8h	95.630	−0.167%	$358K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1634%	8h	95.710	−0.084%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1751%	4h	96.095	+0.319%	$20K	$155K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.2024%	8h	95.710	−0.084%	$5.4M	$18.5M	25x	as long as short