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−0.0836%/8h= −91.5% APRpaid last 24h 0.000%
Price spread now: SunX against Aster+0.254%7-day average · you sell dearer than you buy
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−0.062%−$6 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
The price spread pays, funding is against you. SunX is 0.254% dearer against Aster than usual: you sell high and buy low (spread +0.254% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.062% in total) that is about 29 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT94.6990.0836pay 0.0836% / 8h5m 44s$53K$40K20x
ShortSunX ZHIPU-USDT94.9400get 0.0000% / 4h5m 44s$2K$445K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$175.47
Price spread: +0.254% → 0.000%
$25.41
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$166.06
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; SunX: live order book, 67 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 SunX live order book, 67 min ago31.12 bp136.4 bp −$136doesn't fitdoesn'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-USDTshort0.0000%4h94.940+0.254%$2K$445K10x
SoDEX ZHIPU-USD+0.0050%1h94.640−0.063%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.530−0.179%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.650−0.052%$822$79810xas long as short
Lighter ZHIPU+0.0136%1h94.780+0.085%$100K$16K10xas long as short
Gate ZHIPU_USDT+0.0197%8h94.740+0.043%$3.2M$10.3M50xas long as short
Aevo ZHIPU-PERP+0.0200%1h94.685−0.016%10xas long as short
Ondo Perps ZHIPU-USD.P+0.0274%1h95.310+0.645%$32K$22K5xas long as short
HTX ZHIPU-USDT+0.0483%4h94.720+0.022%$20K$350K20xas long as short
tradeXYZ xyz:ZHIPU+0.0548%1h94.648−0.054%$26.8M$7.1M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTlong+0.0836%8h94.699long leg$53K$40K20x
Binance ZHIPUUSDT+0.0975%4h94.690−0.010%$22.2M$56.1M25xas long as short
KuCoin ZHIPUUSDTM+0.0976%4h94.680−0.020%$38K$134K20xas long as short
edgeX ZHIPUUSDC+0.1181%4h95.105+0.428%$20K$152K10xas long as short
Bybit ZHIPUUSDT+0.1272%8h94.750+0.053%$356K$1.2M25xas long as short
Bitget ZHIPUUSDT+0.1457%8h94.710+0.011%$1.6M$3.9M20xas long as short
OKX ZHIPU-USDT-SWAP+0.1820%8h94.730+0.032%$5.2M$15.4M25xas long as short