Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1609%/8h= −176.2% APRpaid last 24h —

Price spread now: Aevo against OKX−0.015%7-day average — · you buy dearer than you sell

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

Long on OKX 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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$48 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZHIPU-USDT-SWAP	96.180	0.1801	pay 0.1801% / 8h	3h 46m	$5.8M	$17.0M	25x
Short	Aevo ZHIPU-PERP	96.165	0.0192	get 0.0024% / 1h	46m 01s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −0.015%Rate

Funding earned: −$337.94
Price spread: −0.015% → 0.000%: −$1.55
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$365.49
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; 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 OKX live order book, 2 min ago	0.52 bp	11.4 bp −$11	53.2 bp −$532	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 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	96.090	−0.094%	$1K	$851K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.130	−0.052%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0096%	1h	96.160	−0.021%	$101K	$20K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.200	+0.020%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.180	0.000%	$567	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0102%	8h	96.210	+0.031%	$2.9M	$11.8M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0192%	1h	96.165	−0.015%	—	—	10x
HTX ZHIPU-USDT	+0.0528%	4h	96.170	−0.010%	$17K	$332K	20x	as long as short
Aster ZHIPUUSDT	+0.0578%	8h	95.884	−0.308%	$49K	$51K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0866%	1h	96.070	−0.114%	$36K	$20K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZHIPUUSDTM	+0.0990%	4h	96.150	−0.031%	$39K	$125K	20x	as long as short
Binance ZHIPUUSDT	+0.1268%	4h	96.060	−0.125%	$22.6M	$63.3M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1341%	1h	96.101	−0.082%	$26.9M	$7.2M	10x	as long as short
Bitget ZHIPUUSDT	+0.1382%	8h	96.130	−0.052%	$1.9M	$4.1M	20x	as long as short
Bybit ZHIPUUSDT	+0.1608%	8h	96.100	−0.083%	$272K	$1.4M	25x	as long as short
OKX ZHIPU-USDT-SWAPlong	+0.1801%	8h	96.180	long leg	$5.8M	$17.0M	25x
edgeX ZHIPUUSDC	+0.1854%	4h	96.237	+0.059%	$19K	$151K	10x	as long as short