Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0415%/8h= +45.4% APRpaid last 24h —

Price spread now: Binance against Aevo−0.008%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Binance

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—needs 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: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZHIPU-PERP	105.80	0.0104	pay 0.0013% / 1h	21m 51s	—	—	10x
Short	Binance ZHIPUUSDT	105.79	0.0519	get 0.0259% / 4h	3h 21m	$21.2M	$56.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.008%Rate

Funding earned: $87.07
Price spread: −0.008% → 0.000%: −$0.82
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: $60.25
Costs to cover: 0.260%
Break-even: 2.2 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 5 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	0.47 bp	9.3 bp −$9	39.8 bp −$398	187.8 bp −$18.8K	doesn't fit

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
Aster ZHIPUUSDT	0.0000%	8h	105.60	−0.186%	$54K	$51K	20x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.89	+0.090%	$2.9M	$13.1M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.90	+0.099%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.78	−0.014%	$19K	$314K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	105.78	−0.014%	$112K	$19K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.78	−0.014%	$38K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.89	+0.086%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.80	+0.004%	$42K	$128K	20x	as long as short
Aevo ZHIPU-PERPlong	+0.0104%	1h	105.80	long leg	—	—	10x
Orderly PERP_ZHIPU_USDC_mythos	+0.0143%	8h	105.77	−0.024%	$54	$266	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAP	+0.0154%	8h	106.02	+0.212%	$5.0M	$18.6M	25x	as long as short
Bitget ZHIPUUSDT	+0.0171%	8h	105.85	+0.052%	$1.8M	$4.6M	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0420%	1h	105.87	+0.071%	$29.0M	$7.9M	10x	as long as short
Binance ZHIPUUSDTshort	+0.0519%	4h	105.79	−0.008%	$21.2M	$56.8M	25x
Bybit ZHIPUUSDT	+0.0742%	8h	105.94	+0.137%	$431K	$1.4M	25x	as long as short
edgeX ZHIPUUSDC	+0.1020%	4h	105.86	+0.060%	$21K	$151K	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1042%	1h	105.97	+0.165%	$37K	$22K	5x	as long as short