Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.083%

Price spread now: Aster against SunX−0.095%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.095% cheaper against SunX than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZHIPU-USDT	94.970	0	get 0.0000% / 4h	9m 23s	$1K	$388K	10x
Short	Aster ZHIPUUSDT	94.880	0	get 0.0000% / 8h	4h 09m	$54K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.095%Rate

Funding earned: $0
Price spread: −0.095% → 0.000%: −$9.51
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.51
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 15 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 15 min ago	30.51 bp	108.8 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 exchanges

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
Aster ZHIPUUSDTshort	0.0000%	8h	94.880	−0.095%	$54K	$33K	20x
Binance ZHIPUUSDT	0.0000%	4h	94.882	−0.093%	$22.0M	$55.7M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	94.950	−0.021%	$3.3M	$10.1M	50x	as long as short
SunX ZHIPU-USDTlong	0.0000%	4h	94.970	long leg	$1K	$388K	10x
HTX ZHIPU-USDT	0.0000%	4h	94.920	−0.053%	$16K	$342K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.780	−0.200%	$100K	$15K	10x	as long as short
Bybit ZHIPUUSDT	+0.0049%	8h	94.940	−0.032%	$357K	$1.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0050%	1h	94.845	−0.132%	$26.6M	$6.7M	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.880	−0.095%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.871	−0.105%	$43K	$12K	3x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.890	−0.084%	$41K	$355K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.890	−0.084%	$824	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	94.851	−0.126%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0166%	1h	94.850	−0.126%	$32K	$18K	5x	as long as short
Bitget ZHIPUUSDT	+0.0261%	8h	94.950	−0.021%	$1.6M	$4.0M	20x	as long as short
edgeX ZHIPUUSDC	+0.0643%	4h	94.856	−0.120%	$20K	$149K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0703%	8h	94.940	−0.032%	$5.1M	$15.4M	25x	as long as short