Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1191%/8h= +130.4% APRpaid last 24h —

Price spread now: Bitget against Aevo+0.022%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 Bitget

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

Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Bitget is 0.022% dearer against Aevo than usual: you sell high and buy low: +$2 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	96.059	0.0192	pay 0.0024% / 1h	44m 19s	—	—	10x
Short	Bitget ZHIPUUSDT	96.080	0.1383	get 0.1383% / 8h	3h 44m	$1.9M	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.022%Rate

Funding earned: $250.11
Price spread: +0.022% → 0.000%: $2.15
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: $224.26
Costs to cover: 0.280%
Break-even: 0.7 days

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	3.63 bp	20.9 bp −$21	47.1 bp −$471	doesn't fit	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
SunX ZHIPU-USDT	0.0000%	4h	96.020	−0.041%	$1K	$851K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.040	−0.020%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0088%	1h	96.120	+0.063%	$101K	$20K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.126	+0.069%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.060	+0.001%	$566	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0102%	8h	96.130	+0.074%	$2.9M	$11.8M	50x	as long as short
Aevo ZHIPU-PERPlong	+0.0192%	1h	96.059	long leg	—	—	10x
HTX ZHIPU-USDT	+0.0375%	4h	96.070	+0.011%	$17K	$332K	20x	as long as short
Aster ZHIPUUSDT	+0.0571%	8h	95.895	−0.171%	$49K	$51K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0877%	1h	96.240	+0.188%	$36K	$20K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZHIPUUSDTM	+0.0982%	4h	96.120	+0.063%	$39K	$125K	20x	as long as short
Binance ZHIPUUSDT	+0.1262%	4h	96.030	−0.031%	$22.6M	$63.2M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1308%	1h	96.110	+0.053%	$26.9M	$7.2M	10x	as long as short
Bitget ZHIPUUSDTshort	+0.1383%	8h	96.080	+0.022%	$1.9M	$4.1M	20x
edgeX ZHIPUUSDC	+0.1550%	4h	96.183	+0.129%	$19K	$151K	10x	as long as short
Bybit ZHIPUUSDT	+0.1612%	8h	96.120	+0.063%	$272K	$1.4M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1798%	8h	96.150	+0.094%	$5.8M	$17.0M	25x	as long as short