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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.5% APRnext payment $2.06 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against Orderly−0.475%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.475% cheaper against Orderly than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZHIPU_USDC_mythos106.720.0206pay 0.0206% / 8h6h 43m$55$26610x
ShortAster ZHIPUUSDT106.210get 0.0000% / 8h6h 43m$54K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
−$43.22
Price spread: −0.475% → 0.000%
−$47.51
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$104.73
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Aster no order-book sample
Orderly 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%8h106.21−0.475%$54K$51K20x
SunX ZHIPU-USDT0.0000%4h106.92+0.187%$2K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.720.000%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.84+0.109%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.77+0.043%10xas long as short
Gate ZHIPU_USDT+0.0185%8h106.85+0.122%$2.9M$10.4M50xas long as short
Orderly PERP_ZHIPU_USDC_mythoslong+0.0206%8h106.72long leg$55$26610x
OKX ZHIPU-USDT-SWAP+0.0406%8h106.84+0.112%$5.1M$18.4M25xas long as short
Bitget ZHIPUUSDT+0.0463%8h106.79+0.066%$2.0M$4.5M20xas long as short
KuCoin ZHIPUUSDTM+0.0486%4h106.79+0.066%$43K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.1088%1h106.82+0.094%$113K$20K10xas long as short
Binance ZHIPUUSDT+0.1341%4h106.66−0.056%$21.8M$56.6M25xas long as short
HTX ZHIPU-USDT+0.1362%4h106.67−0.047%$19K$307K20xas long as short
edgeX ZHIPUUSDC+0.1430%4h106.84+0.111%$21K$152K10xas long as short
tradeXYZ xyz:ZHIPU+0.2397%1h106.82+0.094%$29.1M$7.4M10xas long as short
Bybit ZHIPUUSDT+0.2708%8h106.99+0.253%$404K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.3269%1h107.29+0.534%$37K$24K5xas long as short