Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h —

Price spread now: Aster against Aevo+0.113%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.113% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread 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	Aevo ZHIPU-PERP	94.979	0.0144	pay 0.0018% / 1h	45m 03s	—	—	10x
Short	Aster ZHIPUUSDT	95.086	0.0421	get 0.0421% / 8h	2h 45m	$50K	$53K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.113%Rate

Funding earned: $58.08
Price spread: +0.113% → 0.000%: $11.26
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: $45.34
Costs to cover: 0.240%
Break-even: 1.5 days

Slippage unknown: Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Aevo 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZHIPU_USDT	0.0000%	8h	95.090	+0.117%	$2.9M	$11.7M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	95.280	+0.317%	$1K	$850K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	95.100	+0.128%	$22K	$349K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.870	−0.115%	$100K	$20K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.970	−0.009%	$34K	$3K	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0050%	1h	94.830	−0.157%	$35K	$20K	5x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.725	−0.267%	$26K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.960	−0.020%	$825	$1K	10x	as long as short
Aevo ZHIPU-PERPlong	+0.0144%	1h	94.979	long leg	—	—	10x
KuCoin ZHIPUUSDTM	+0.0336%	4h	94.970	−0.009%	$38K	$121K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDTshort	+0.0421%	8h	95.086	+0.113%	$50K	$53K	20x
Binance ZHIPUUSDT	+0.0507%	4h	95.150	+0.180%	$22.2M	$66.5M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0571%	1h	95.042	+0.066%	$26.7M	$7.4M	10x	as long as short
edgeX ZHIPUUSDC	+0.0961%	4h	94.327	−0.686%	$20K	$154K	10x	as long as short
Bybit ZHIPUUSDT	+0.1053%	8h	95.140	+0.170%	$266K	$1.4M	25x	as long as short
Bitget ZHIPUUSDT	+0.1170%	8h	95.210	+0.243%	$1.7M	$4.2M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1589%	8h	95.310	+0.349%	$5.5M	$17.9M	25x	as long as short