Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1211%/8h= +132.7% APRnext payment +$12.11 per $10,000 · paid last 24h +0.050%
Price spread now: OKX against Aster−0.069%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. OKX is 0.069% cheaper against Aster than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$36 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT96.2070.0457pay 0.0457% / 8h3h 05m$50K$51K20x
ShortOKX ZHIPU-USDT-SWAP96.1400.1668get 0.1668% / 8h3h 05m$5.7M$17.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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

Funding earned
$254.4
Price spread: −0.069% → 0.000%
−$6.92
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$229.48
Costs to cover
0.180%
Break-even
0.7 days
Slippage unknown: Aster: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell OKX live order book, 3 min ago0.52 bp9.9 bp −$1078.5 bp −$785doesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h96.080−0.132%$1K$848K10xas long as short
HTX ZHIPU-USDT0.0000%4h96.200−0.007%$20K$341K20xas long as short
Lighter ZHIPU+0.0032%1h96.150−0.059%$101K$20K10xas long as short
Gate ZHIPU_USDT+0.0040%8h96.190−0.017%$2.9M$11.9M50xas long as short
SoDEX ZHIPU-USD+0.0050%1h96.080−0.132%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.127−0.083%$27K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.080−0.132%$566$79810xas long as short
Aevo ZHIPU-PERP+0.0184%1h96.059−0.153%10xas long as short
Aster ZHIPUUSDTlong+0.0457%8h96.207long leg$50K$51K20x
KuCoin ZHIPUUSDTM+0.0588%4h96.090−0.121%$39K$121K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZHIPU-USD.P+0.0745%1h96.270+0.066%$36K$20K5xas long as short
tradeXYZ xyz:ZHIPU+0.0749%1h96.036−0.177%$26.9M$7.2M10xas long as short
Binance ZHIPUUSDT+0.0839%4h96.078−0.134%$22.5M$63.5M25xas long as short
edgeX ZHIPUUSDC+0.0993%4h96.026−0.188%$19K$150K10xas long as short
Bitget ZHIPUUSDT+0.1269%8h96.160−0.048%$1.8M$4.1M20xas long as short
Bybit ZHIPUUSDT+0.1279%8h96.190−0.017%$266K$1.4M25xas long as short
OKX ZHIPU-USDT-SWAPshort+0.1668%8h96.140−0.069%$5.7M$17.1M25x