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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.1521%/8h= +166.6% APRpaid last 24h +0.184%
Price spread now: OKX against SoDEX+0.116%56s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and OKX is 0.116% dearer against SoDEX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZHIPU-USD94.7500.0050pay 0.0006% / 1h56m 23s$34K$3K10x
ShortOKX ZHIPU-USDT-SWAP94.8600.1571get 0.1571% / 8h6h 56m$5.1M$15.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$319.5
Price spread: +0.116% → 0.000%
$11.61
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$313.11
Costs to cover
0.180%
Break-even
0.1 days
Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 2 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 SoDEX no order-book sample
Sell OKX live order book, 2 min ago1.05 bp11.1 bp −$1153.4 bp −$534doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZHIPU_USDT0.0000%8h94.820+0.074%$3.3M$10.1M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.810+0.063%$1K$396K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.740−0.011%$15K$346K20xas long as short
Lighter ZHIPU+0.0032%1h94.680−0.074%$100K$16K10xas long as short
SoDEX ZHIPU-USDlong+0.0050%1h94.750long leg$34K$3K10x
Nado ZHIPU-PERP+0.0100%1h94.736−0.015%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.760+0.011%$823$79810xas long as short
Aevo ZHIPU-PERP+0.0160%1h94.755+0.005%10xas long as short
KuCoin ZHIPUUSDTM+0.0434%4h94.630−0.127%$38K$204K20xas long as short
Aster ZHIPUUSDT+0.0492%8h94.531−0.231%$53K$33K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZHIPUUSDT+0.0747%4h94.7500.000%$22.0M$55.5M25xas long as short
Bybit ZHIPUUSDT+0.1068%8h94.840+0.095%$355K$1.2M25xas long as short
Bitget ZHIPUUSDT+0.1182%8h94.810+0.063%$1.6M$4.0M20xas long as short
Ondo Perps ZHIPU-USD.P+0.1214%1h94.7500.000%$32K$19K5xas long as short
tradeXYZ xyz:ZHIPU+0.1220%1h94.719−0.033%$26.6M$6.9M10xas long as short
OKX ZHIPU-USDT-SWAPshort+0.1571%8h94.860+0.116%$5.1M$15.3M25x
edgeX ZHIPUUSDC+0.1726%4h94.669−0.085%$20K$151K10xas long as short