Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1500%/8h= +164.2% APRpaid last 24h +0.335%

Price spread now: edgeX against SoDEX+0.149%75s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on edgeX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$45 a day on $10k at the current rate, and edgeX is 0.149% dearer against SoDEX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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	SoDEX ZHIPU-USD	96.040	0.0050	pay 0.0006% / 1h	43m 44s	$34K	$3K	10x
Short	edgeX ZHIPUUSDC	96.183	0.1550	get 0.0775% / 4h	3h 43m	$19K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $314.91
Price spread: +0.149% → 0.000%: $14.9
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $312.81
Costs to cover: 0.170%
Break-even: 0.0 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 8 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 8 min ago	13.03 bp	89.0 bp −$89	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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	96.020	−0.021%	$1K	$851K	10x	as long as short
SoDEX ZHIPU-USDlong	+0.0050%	1h	96.040	long leg	$34K	$3K	10x
Lighter ZHIPU	+0.0088%	1h	96.120	+0.083%	$101K	$20K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.126	+0.089%	$27K	$4K	3x	as long as short
Gate ZHIPU_USDT	+0.0100%	8h	96.120	+0.083%	$2.9M	$11.8M	50x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.060	+0.021%	$566	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0192%	1h	96.059	+0.020%	—	—	10x	as long as short
HTX ZHIPU-USDT	+0.0375%	4h	96.070	+0.031%	$17K	$332K	20x	as long as short
Aster ZHIPUUSDT	+0.0567%	8h	95.898	−0.148%	$49K	$51K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0877%	1h	96.240	+0.208%	$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	+0.0972%	4h	96.060	+0.021%	$39K	$125K	20x	as long as short
Binance ZHIPUUSDT	+0.1251%	4h	95.956	−0.087%	$22.5M	$63.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1288%	1h	95.938	−0.106%	$26.9M	$7.2M	10x	as long as short
Bitget ZHIPUUSDT	+0.1383%	8h	96.090	+0.052%	$1.9M	$4.1M	20x	as long as short
edgeX ZHIPUUSDCshort	+0.1550%	4h	96.183	+0.149%	$19K	$151K	10x
Bybit ZHIPUUSDT	+0.1601%	8h	95.940	−0.104%	$272K	$1.4M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1798%	8h	95.970	−0.073%	$5.8M	$17.0M	25x	as long as short