Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0975%/8h= −106.8% APRpaid last 24h —

Price spread now: Aevo against edgeX−0.077%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Aevo is 0.077% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ZHIPUUSDC	96.080	0.1151	pay 0.0576% / 4h	3h 03m	$19K	$151K	10x
Short	Aevo ZHIPU-PERP	96.007	0.0176	get 0.0022% / 1h	3m 03s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now −0.077%Rate

Funding earned: −$204.77
Price spread: −0.077% → 0.000%: −$7.65
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$237.42
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 48 min ago; Aevo: 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 edgeX live order book, 48 min ago	13.03 bp	94.0 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
SunX ZHIPU-USDT	0.0000%	4h	95.910	−0.177%	$1K	$848K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	95.980	−0.104%	$20K	$342K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	96.060	−0.021%	$101K	$20K	10x	as long as short
Gate ZHIPU_USDT	+0.0033%	8h	95.920	−0.167%	$2.9M	$11.9M	50x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.920	−0.167%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.051	−0.030%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.030	−0.052%	$566	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0176%	1h	96.007	−0.077%	—	—	10x
Aster ZHIPUUSDT	+0.0449%	8h	96.126	+0.048%	$50K	$51K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0554%	4h	95.960	−0.125%	$38K	$119K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ZHIPU	+0.0693%	1h	96.007	−0.076%	$26.9M	$7.2M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0713%	1h	96.270	+0.198%	$36K	$20K	5x	as long as short
Binance ZHIPUUSDT	+0.0812%	4h	95.902	−0.185%	$22.5M	$63.5M	25x	as long as short
edgeX ZHIPUUSDClong	+0.1151%	4h	96.080	long leg	$19K	$151K	10x
Bybit ZHIPUUSDT	+0.1255%	8h	95.990	−0.094%	$265K	$1.4M	25x	as long as short
Bitget ZHIPUUSDT	+0.1257%	8h	95.950	−0.135%	$1.8M	$4.1M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1647%	8h	95.970	−0.115%	$5.7M	$17.1M	25x	as long as short