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−0.0694%/8h= −76.0% APRnext payment $6.94 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Bitget+0.226%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+0.051%+$5 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. Aster is 0.226% dearer against Bitget than usual: you sell high and buy low (spread +0.226% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.94 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
LongBitget ZHIPUUSDT95.7100.1634pay 0.1634% / 8h1h 44m$1.7M$4.3M20x
ShortAster ZHIPUUSDT95.9270.0940get 0.0940% / 8h1h 44m$53K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
−$145.83
Price spread: +0.226% → 0.000%
$22.63
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$143.2
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Bitget: live order book, 4 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago3.64 bp16.3 bp −$1638.4 bp −$384doesn't fitdoesn't fit
Sell Aster no order-book sample
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%4h95.900+0.199%$1K$807K10xas long as short
Lighter ZHIPU+0.0032%1h95.850+0.146%$101K$17K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.830+0.125%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h95.667−0.045%$44K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h95.650−0.063%$831$1K10xas long as short
Gate ZHIPU_USDT+0.0180%8h95.830+0.125%$3.2M$11.7M50xas long as short
Aevo ZHIPU-PERP+0.0280%1h95.698−0.013%10xas long as short
Ondo Perps ZHIPU-USD.P+0.0923%1h95.730+0.021%$33K$23K5xas long as short
Aster ZHIPUUSDTshort+0.0940%8h95.927+0.226%$53K$58K20x
KuCoin ZHIPUUSDTM+0.1002%4h95.850+0.146%$39K$121K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ZHIPU-USDT+0.1182%4h95.790+0.084%$21K$352K20xas long as short
Binance ZHIPUUSDT+0.1208%4h95.685−0.027%$22.7M$66.9M25xas long as short
tradeXYZ xyz:ZHIPU+0.1342%1h95.757+0.049%$27.0M$8.0M10xas long as short
Bybit ZHIPUUSDT+0.1598%8h95.630−0.084%$358K$1.5M25xas long as short
Bitget ZHIPUUSDTlong+0.1634%8h95.710long leg$1.7M$4.3M20x
edgeX ZHIPUUSDC+0.1751%4h96.095+0.403%$20K$155K10xas long as short
OKX ZHIPU-USDT-SWAP+0.2024%8h95.7100.000%$5.4M$18.5M25xas long as short