Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0341%/8h= −37.3% APRnext payment −$0.43 per $10,000 · paid last 24h —

Price spread now: Aevo against tradeXYZ+0.017%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ 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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds 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: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:ZHIPU	95.130	0.0557	pay 0.0070% / 1h	32m 03s	$26.9M	$7.3M	10x
Short	Aevo ZHIPU-PERP	95.146	0.0216	get 0.0027% / 1h	32m 03s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against tradeXYZ. 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 tradeXYZbpFee AevobpOrdersPrice spread, now +0.017%Rate

Funding earned: −$71.54
Price spread: +0.017% → 0.000%: $1.71
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$103.83
Costs to cover: 0.340%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago	1.10 bp	14.2 bp −$14	doesn't fit	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	95.090	−0.042%	$1K	$514K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.140	+0.011%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0056%	1h	95.180	+0.053%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.138	+0.009%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.140	+0.011%	$827	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0202%	8h	95.210	+0.084%	$3.2M	$10.1M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0216%	1h	95.146	+0.017%	—	—	10x
Ondo Perps ZHIPU-USD.P	+0.0256%	1h	94.950	−0.189%	$33K	$22K	5x	as long as short
tradeXYZ xyz:ZHIPUlong	+0.0557%	1h	95.130	long leg	$26.9M	$7.3M	10x
HTX ZHIPU-USDT	+0.0602%	4h	95.160	+0.032%	$20K	$350K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0895%	8h	95.161	+0.032%	$53K	$41K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0998%	4h	95.180	+0.053%	$38K	$112K	20x	as long as short
Binance ZHIPUUSDT	+0.1047%	4h	95.131	+0.001%	$22.3M	$58.2M	25x	as long as short
Bybit ZHIPUUSDT	+0.1356%	8h	95.180	+0.053%	$356K	$1.3M	25x	as long as short
Bitget ZHIPUUSDT	+0.1536%	8h	95.150	+0.021%	$1.7M	$3.9M	20x	as long as short
edgeX ZHIPUUSDC	+0.1667%	4h	95.129	−0.001%	$20K	$154K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1900%	8h	95.200	+0.074%	$5.3M	$16.1M	25x	as long as short