Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h —

Price spread now: Aevo against Nado−0.041%50s7-day average — · you buy dearer than you sell

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

Long on Nado 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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.041% cheaper against Nado than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZHIPU-PERP	94.834	0.0100	pay 0.0012% / 1h	27m 31s	$43K	$12K	3x
Short	Aevo ZHIPU-PERP	94.796	0.0104	get 0.0013% / 1h	27m 31s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now −0.041%Rate

Funding earned: $0.84
Price spread: −0.041% → 0.000%: −$4.09
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$26.25
Costs to cover: 0.230%
Break-even: 225.7 days

Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Nado and 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 exchanges

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
Gate ZHIPU_USDT	0.0000%	8h	94.930	+0.101%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.940	+0.111%	$2K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.900	+0.069%	$16K	$346K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.770	−0.068%	$100K	$16K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.820	−0.015%	$34K	$3K	10x	as long as short
Aster ZHIPUUSDT	+0.0072%	8h	94.804	−0.032%	$54K	$33K	20x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	94.834	long leg	$43K	$12K	3x
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.840	+0.006%	$39K	$288K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.810	−0.026%	$824	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0104%	1h	94.796	−0.041%	—	—	10x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0318%	4h	94.880	+0.049%	$22.0M	$55.8M	25x	as long as short
edgeX ZHIPUUSDC	+0.0358%	4h	94.806	−0.029%	$20K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0473%	8h	94.930	+0.101%	$356K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0481%	1h	94.812	−0.023%	$26.6M	$6.8M	10x	as long as short
Bitget ZHIPUUSDT	+0.0654%	8h	94.950	+0.122%	$1.6M	$4.0M	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0730%	1h	94.830	−0.005%	$32K	$18K	5x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1096%	8h	94.970	+0.143%	$5.1M	$15.3M	25x	as long as short