Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0932%/8h= +102.1% APRnext payment +$1.17 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Nado+0.248%7-day average · you sell dearer than you buy
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 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.248% dearer against Nado than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZHIPU-PERP106.380.0100pay 0.0012% / 1h39m 36s$23K$203x
ShortLighter ZHIPU106.640.1032get 0.0129% / 1h39m 36s$113K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$195.72
Price spread: +0.248% → 0.000%
$24.8
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$213.52
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: no order-book sample; Lighter: live order book, 10 min ago. 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 Lighter live order book, 10 min ago46.37 bp50.5 bp −$51113.7 bp −$1,137doesn't fitdoesn't fit
Nado: 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 ZHIPUUSDT0.0000%8h106.34−0.037%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h106.56+0.173%$2K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.38+0.004%$38K$3K10xas long as short
Nado ZHIPU-PERPlong+0.0100%1h106.38long leg$23K$203x
Aevo ZHIPU-PERP+0.0104%1h106.50+0.117%10xas long as short
Gate ZHIPU_USDT+0.0166%8h106.19−0.175%$2.9M$10.4M50xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0207%8h106.41+0.032%$55$26610xas long as short
OKX ZHIPU-USDT-SWAP+0.0414%8h106.29−0.081%$5.1M$18.2M25xas long as short
Bitget ZHIPUUSDT+0.0474%8h106.29−0.081%$2.0M$4.4M20xas long as short
KuCoin ZHIPUUSDTM+0.0506%4h106.53+0.145%$44K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPUshort+0.1032%1h106.64+0.248%$113K$20K10x
HTX ZHIPU-USDT+0.1309%4h106.36−0.015%$19K$308K20xas long as short
Binance ZHIPUUSDT+0.1401%4h106.28−0.093%$21.7M$56.2M25xas long as short
edgeX ZHIPUUSDC+0.1521%4h106.79+0.393%$21K$151K10xas long as short
tradeXYZ xyz:ZHIPU+0.2258%1h106.39+0.013%$29.0M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.2591%8h106.36−0.015%$404K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.3141%1h106.71+0.314%$37K$23K5xas long as short