Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2192%/8h= +240.0% APRpaid last 24h —

Price spread now: edgeX against Aevo−0.075%72s7-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 edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.075% cheaper against Aevo than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$66 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZHIPU-PERP	96.079	0.0192	pay 0.0024% / 1h	11m 42s	—	—	10x
Short	edgeX ZHIPUUSDC	96.007	0.2384	get 0.1192% / 4h	11m 42s	$19K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.075%Rate

Funding earned: $460.35
Price spread: −0.075% → 0.000%: −$7.47
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $427.88
Costs to cover: 0.250%
Break-even: 0.5 days

Slippage unknown: Aevo: no order-book sample; edgeX: live order book, 45 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 edgeX live order book, 45 min ago	12.27 bp	30.0 bp −$30	doesn't fit	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	95.950	−0.134%	$1K	$851K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.040	−0.040%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.018	−0.063%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.010	−0.071%	$566	$798	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0131%	1h	95.780	−0.311%	$36K	$20K	5x	as long as short
Gate ZHIPU_USDT	+0.0164%	8h	96.050	−0.030%	$3.0M	$11.8M	50x	as long as short
Aevo ZHIPU-PERPlong	+0.0192%	1h	96.079	long leg	—	—	10x
Lighter ZHIPU	+0.0232%	1h	96.020	−0.061%	$101K	$20K	10x	as long as short
HTX ZHIPU-USDT	+0.0513%	4h	96.070	−0.009%	$17K	$331K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0650%	1h	96.002	−0.080%	$26.9M	$7.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0652%	8h	96.169	+0.094%	$49K	$51K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1162%	4h	96.020	−0.061%	$39K	$125K	20x	as long as short
Bitget ZHIPUUSDT	+0.1412%	8h	96.110	+0.033%	$1.9M	$3.9M	20x	as long as short
Binance ZHIPUUSDT	+0.1607%	4h	95.978	−0.105%	$22.5M	$62.0M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1822%	8h	96.110	+0.033%	$5.8M	$16.6M	25x	as long as short
Bybit ZHIPUUSDT	+0.1836%	8h	96.060	−0.019%	$276K	$1.4M	25x	as long as short
edgeX ZHIPUUSDCshort	+0.2384%	4h	96.007	−0.075%	$19K	$151K	10x