Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1587%/8h= +173.8% APRnext payment +$1.98 per $10,000 · paid last 24h —

Price spread now: tradeXYZ against Aevo−0.105%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.105% cheaper against Aevo than usual: you would sell low and buy high (spread −0.105% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 5 hours of funding at the current rate (+$48 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZHIPU-PERP	98.273	0.0152	pay 0.0019% / 1h	0m 27s	—	—	10x
Short	tradeXYZ xyz:ZHIPU	98.170	0.1739	get 0.0217% / 1h	0m 27s	$27.5M	$6.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.105%Rate

Funding earned: $333.29
Price spread: −0.105% → 0.000%: −$10.48
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $288.81
Costs to cover: 0.340%
Break-even: 0.9 days

Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago	2.43 bp	12.7 bp −$13	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	98.520	+0.251%	$1K	$864K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	98.050	−0.227%	$35K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	98.020	−0.257%	$27K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	98.230	−0.044%	$579	$798	10x	as long as short
Aevo ZHIPU-PERPlong	+0.0152%	1h	98.273	long leg	—	—	10x
Gate ZHIPU_USDT	+0.0424%	8h	98.370	+0.099%	$3.1M	$11.4M	50x	as long as short
Aster ZHIPUUSDT	+0.0593%	8h	98.279	+0.006%	$51K	$52K	20x	as long as short
HTX ZHIPU-USDT	+0.1100%	4h	98.220	−0.054%	$18K	$324K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1102%	1h	98.230	−0.044%	$37K	$21K	5x	as long as short
Lighter ZHIPU	+0.1336%	1h	98.180	−0.095%	$103K	$20K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDT	+0.1381%	8h	98.450	+0.180%	$1.9M	$3.8M	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1538%	4h	98.120	−0.156%	$39K	$123K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1615%	8h	98.510	+0.241%	$5.5M	$15.8M	25x	as long as short
tradeXYZ xyz:ZHIPUshort	+0.1739%	1h	98.170	−0.105%	$27.5M	$6.8M	10x
Binance ZHIPUUSDT	+0.2228%	4h	98.280	+0.007%	$22.7M	$58.6M	25x	as long as short
Bybit ZHIPUUSDT	+0.2772%	8h	98.410	+0.139%	$367K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.2984%	4h	98.953	+0.692%	$19K	$150K	10x	as long as short