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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1082%/8h= −118.5% APRpaid last 24h −0.318%
Price spread now: Aster against edgeX−0.178%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 7 days−0.570%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Aster is 0.178% cheaper against edgeX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.570% in total (about -29.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZHIPUUSDC94.7100.1568pay 0.0784% / 4h2h 55m$20K$151K10x
ShortAster ZHIPUUSDT94.5410.0486get 0.0486% / 8h6h 55m$53K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$227.22
Price spread: −0.178% → 0.000%
−$17.81
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$262.03
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 36 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 edgeX live order book, 36 min ago14.40 bp102.1 bp −$102doesn't fitdoesn'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
Gate ZHIPU_USDT0.0000%8h94.820+0.116%$3.3M$10.1M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.810+0.106%$1K$396K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.750+0.042%$15K$347K20xas long as short
Lighter ZHIPU+0.0032%1h94.680−0.032%$100K$16K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.740+0.032%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.738+0.030%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.770+0.063%$823$79810xas long as short
Aevo ZHIPU-PERP+0.0160%1h94.743+0.034%10xas long as short
KuCoin ZHIPUUSDTM+0.0430%4h94.7100.000%$38K$206K20xas long as short
Aster ZHIPUUSDTshort+0.0486%8h94.541−0.178%$53K$33K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZHIPUUSDT+0.0750%4h94.740+0.032%$22.0M$55.6M25xas long as short
Bybit ZHIPUUSDT+0.1095%8h94.840+0.137%$355K$1.2M25xas long as short
Bitget ZHIPUUSDT+0.1180%8h94.780+0.074%$1.6M$4.0M20xas long as short
tradeXYZ xyz:ZHIPU+0.1188%1h94.684−0.027%$26.6M$6.9M10xas long as short
Ondo Perps ZHIPU-USD.P+0.1253%1h94.750+0.042%$32K$19K5xas long as short
edgeX ZHIPUUSDClong+0.1568%4h94.710long leg$20K$151K10x
OKX ZHIPU-USDT-SWAP+0.1568%8h94.840+0.137%$5.1M$15.2M25xas long as short