Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h −0.022%

Price spread now: Nado against Bitget+0.016%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZHIPUUSDT	106.39	0.0334	pay 0.0334% / 8h	6h 57m	$1.9M	$4.7M	20x
Short	Nado ZHIPU-PERP	106.41	0.0100	get 0.0012% / 1h	57m 20s	$23K	$20	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee BitgetbpFee NadobpOrdersPrice spread, now +0.016%Rate

Funding earned: −$49.14
Price spread: +0.016% → 0.000%: $1.58
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$66.56
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; Nado: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	1.88 bp	15.1 bp −$15	22.1 bp −$221	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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
Aster ZHIPUUSDT	0.0000%	8h	105.95	−0.413%	$54K	$51K	20x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	106.41	+0.019%	$2K	$1.2M	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	106.33	−0.056%	$38K	$3K	10x	as long as short
Gate ZHIPU_USDT	+0.0081%	8h	106.41	+0.019%	$3.0M	$10.1M	50x	as long as short
Nado ZHIPU-PERPshort	+0.0100%	1h	106.41	+0.016%	$23K	$20	3x
Aevo ZHIPU-PERP	+0.0104%	1h	106.32	−0.066%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0173%	8h	106.30	−0.085%	$55	$266	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0280%	4h	106.11	−0.263%	$41K	$128K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0305%	8h	106.73	+0.320%	$5.1M	$18.9M	25x	as long as short
Bitget ZHIPUUSDTlong	+0.0334%	8h	106.39	long leg	$1.9M	$4.7M	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.0862%	4h	106.21	−0.169%	$19K	$308K	20x	as long as short
Binance ZHIPUUSDT	+0.1003%	4h	106.31	−0.076%	$21.4M	$57.1M	25x	as long as short
Lighter ZHIPU	+0.1360%	1h	106.39	0.000%	$113K	$20K	10x	as long as short
edgeX ZHIPUUSDC	+0.1698%	4h	106.36	−0.024%	$21K	$150K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.2048%	1h	106.36	−0.028%	$29.1M	$7.9M	10x	as long as short
Bybit ZHIPUUSDT	+0.2249%	8h	106.50	+0.103%	$406K	$1.4M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.3139%	1h	106.29	−0.094%	$37K	$22K	5x	as long as short