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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.151%
Price spread now: edgeX against Binance−0.031%7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2052.053% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.587%+$59 on $10k
Price spread, last 2 days (all we have)+0.200%+$20 · spread now −0.031%, 7d avg +0.128%
Together, before fees+0.787%+ Points / potential airdropedgeX: Active · farm board+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.159% cheaper against Binance than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.128%). If the spread goes back, that is −$16 on $10k: about 2.7 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZHIPUUSDT106.230.1357pay 0.0678% / 4h2h 37m$21.9M$56.4M25x
ShortedgeX ZHIPUUSDC106.200.1555get 0.0777% / 4h2h 37m$21K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$41.59
Price spread: −0.031% → +0.128%
−$15.89
Slippage, 4 orders
−$186.35
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$179.65
Costs to cover
2.053%
Break-even
37.2 days
Slippage from Binance: live order book, 5 min ago; edgeX: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.47 bp8.5 bp −$910.4 bp −$10476.9 bp −$7,688doesn't fit
Sell edgeX live order book, 29 min ago11.27 bp91.6 bp −$92doesn't fitdoesn't fitdoesn't fit

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
Aster ZHIPUUSDT0.0000%8h106.39+0.152%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h106.16−0.066%$1K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.12−0.104%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.27+0.034%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.23−0.004%10xas long as short
Gate ZHIPU_USDT+0.0168%8h106.30+0.066%$2.9M$10.5M50xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0205%8h106.26+0.028%$55$26610xas long as short
OKX ZHIPU-USDT-SWAP+0.0406%8h106.38+0.141%$5.1M$18.3M25xas long as short
Bitget ZHIPUUSDT+0.0446%8h106.24+0.009%$2.0M$4.4M20xas long as short
KuCoin ZHIPUUSDTM+0.0480%4h106.22−0.009%$43K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.0848%1h106.29+0.056%$112K$20K10xas long as short
HTX ZHIPU-USDT+0.1167%4h105.99−0.226%$19K$308K20xas long as short
Binance ZHIPUUSDTlong+0.1357%4h106.23long leg$21.9M$56.4M25x
edgeX ZHIPUUSDCshort+0.1555%4h106.20−0.031%$21K$151K10x
tradeXYZ xyz:ZHIPU+0.1956%1h106.25+0.019%$29.0M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.2443%8h106.19−0.038%$403K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.2853%1h105.81−0.395%$37K$24K5xas long as short