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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.2073%/8h= −226.9% APRpaid last 24h −0.087%
Price spread now: SoDEX against Bybit−0.141%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$62 a day on $10k at the current rate, and SoDEX is 0.141% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZHIPUUSDT106.410.2123pay 0.2123% / 8h6h 58m$406K$1.4M25x
ShortSoDEX ZHIPU-USD106.260.0050get 0.0006% / 1h58m 50s$38K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Bybit. 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
−$435.23
Price spread: −0.141% → 0.000%
−$14.1
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$468.33
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SoDEX: 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 Bybit live order book, 2 min ago5.18 bp43.1 bp −$43263.9 bp −$2,639doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Aster ZHIPUUSDT0.0000%8h105.93−0.454%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h106.54+0.122%$2K$1.2M10xas long as short
Gate ZHIPU_USDT+0.0030%8h106.56+0.141%$3.0M$10.1M50xas long as short
SoDEX ZHIPU-USDshort+0.0050%1h106.26−0.141%$38K$3K10x
Nado ZHIPU-PERP+0.0100%1h106.30−0.106%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.22−0.176%10xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0172%8h106.18−0.216%$55$26610xas long as short
KuCoin ZHIPUUSDTM+0.0244%4h106.14−0.254%$42K$128K20xas long as short
OKX ZHIPU-USDT-SWAP+0.0298%8h106.77+0.338%$5.1M$18.9M25xas long as short
Bitget ZHIPUUSDT+0.0319%8h106.56+0.141%$1.9M$4.7M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ZHIPU-USDT+0.0798%4h106.26−0.141%$19K$314K20xas long as short
Binance ZHIPUUSDT+0.0969%4h106.28−0.122%$21.4M$57.2M25xas long as short
Lighter ZHIPU+0.1320%1h106.38−0.028%$113K$20K10xas long as short
edgeX ZHIPUUSDC+0.1820%4h106.22−0.182%$21K$151K10xas long as short
Bybit ZHIPUUSDTlong+0.2123%8h106.41long leg$406K$1.4M25x
Ondo Perps ZHIPU-USD.P+0.2276%1h106.29−0.113%$37K$22K5xas long as short
tradeXYZ xyz:ZHIPU+0.2336%1h106.39−0.019%$29.2M$7.9M10xas long as short