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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Aster against Nado−0.153%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.153% cheaper against Nado than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZHIPU-PERP105.710.0100pay 0.0012% / 1h28m 44s$23K$203x
ShortAster ZHIPUUSDT105.550get 0.0000% / 8h7h 28m$54K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$21
Price spread: −0.153% → 0.000%
−$15.27
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$51.27
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Aster no order-book sample
Nado and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTshort0.0000%8h105.55−0.153%$54K$51K20x
Gate ZHIPU_USDT0.0000%8h105.85+0.136%$2.9M$13.1M50xas long as short
SunX ZHIPU-USDT0.0000%4h105.73+0.022%$1K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h105.72+0.013%$19K$314K20xas long as short
Lighter ZHIPU+0.0032%1h105.71+0.003%$112K$19K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h105.63−0.073%$38K$3K10xas long as short
Nado ZHIPU-PERPlong+0.0100%1h105.71long leg$23K$203x
KuCoin ZHIPUUSDTM+0.0100%4h105.70−0.006%$41K$129K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h105.63−0.070%10xas long as short
OKX ZHIPU-USDT-SWAP+0.0134%8h106.01+0.287%$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%8h105.63−0.073%$54$26610xas long as short
Bitget ZHIPUUSDT+0.0165%8h105.81+0.098%$1.7M$4.5M20xas long as short
Bybit ZHIPUUSDT+0.0166%8h105.86+0.145%$421K$1.4M25xas long as short
tradeXYZ xyz:ZHIPU+0.0291%1h105.75+0.041%$29.0M$7.9M10xas long as short
Binance ZHIPUUSDT+0.0477%4h105.74+0.032%$21.1M$56.9M25xas long as short
edgeX ZHIPUUSDC+0.0827%4h105.70−0.005%$21K$151K10xas long as short
Ondo Perps ZHIPU-USD.P+0.0942%1h105.71+0.003%$37K$22K5xas long as short