Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0634%/8h= +69.5% APRnext payment +$0.79 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Aevo+0.623%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 Ondo Perps

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 airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Ondo Perps is 0.623% dearer against Aevo than usual: you sell high and buy low: +$62 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	96.191	0.0224	pay 0.0028% / 1h	8m 08s	—	—	10x
Short	Ondo Perps ZHIPU-USD.P	96.790	0.0858	get 0.0107% / 1h	8m 08s	$33K	$25K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.623%Rate

Funding earned: $133.22
Price spread: +0.623% → 0.000%: $62.26
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $174.48
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—

Aevo and Ondo Perps: 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	96.500	+0.321%	$1K	$850K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.150	−0.043%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.891	−0.312%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.160	−0.032%	$835	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0107%	8h	96.350	+0.165%	$3.2M	$12.5M	50x	as long as short
Aevo ZHIPU-PERPlong	+0.0224%	1h	96.191	long leg	—	—	10x
Lighter ZHIPU	+0.0504%	1h	96.120	−0.074%	$101K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0734%	4h	96.170	−0.022%	$39K	$121K	20x	as long as short
Aster ZHIPUUSDT	+0.0761%	8h	96.387	+0.203%	$53K	$57K	20x	as long as short
Ondo Perps ZHIPU-USD.Pshort	+0.0858%	1h	96.790	+0.623%	$33K	$25K	5x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.0931%	4h	96.200	+0.009%	$20K	$353K	20x	as long as short
Binance ZHIPUUSDT	+0.1000%	4h	96.200	+0.009%	$22.8M	$69.1M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1269%	1h	96.167	−0.025%	$27.1M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1434%	8h	96.340	+0.155%	$358K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1482%	8h	96.260	+0.072%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1877%	4h	96.808	+0.641%	$21K	$153K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1890%	8h	96.390	+0.207%	$5.5M	$18.6M	25x	as long as short