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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.2640%/8h= −289.0% APRpaid last 24h −0.273%
Price spread now: Nado against edgeX−0.430%62s7-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 fees+ Points / potential airdropedgeX: Active · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$79 a day on $10k at the current rate, and Nado is 0.430% cheaper against edgeX than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZHIPUUSDC96.6560.2739pay 0.1370% / 4h34m 03s$19K$150K10x
ShortNado ZHIPU-PERP96.2410.0100get 0.0012% / 1h34m 03s$27K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$554.3
Price spread: −0.430% → 0.000%
−$43.01
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$613.3
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 22 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 22 min ago12.27 bp21.0 bp −$21doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h96.450−0.214%$2K$843K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h96.410−0.255%$34K$3K10xas long as short
Nado ZHIPU-PERPshort+0.0100%1h96.241−0.430%$27K$3K3x
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.350−0.317%$568$79810xas long as short
Aevo ZHIPU-PERP+0.0232%1h96.418−0.247%10xas long as short
Gate ZHIPU_USDT+0.0283%8h96.560−0.100%$3.0M$11.5M50xas long as short
Ondo Perps ZHIPU-USD.P+0.0410%1h95.990−0.689%$36K$20K5xas long as short
Lighter ZHIPU+0.0624%1h96.400−0.265%$101K$20K10xas long as short
Aster ZHIPUUSDT+0.0709%8h96.430−0.234%$50K$51K20xas long as short
HTX ZHIPU-USDT+0.0863%4h96.390−0.276%$18K$327K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.1047%1h96.606−0.052%$27.2M$7.2M10xas long as short
KuCoin ZHIPUUSDTM+0.1470%4h96.400−0.265%$39K$124K20xas long as short
Bitget ZHIPUUSDT+0.1501%8h96.620−0.038%$1.9M$3.9M20xas long as short
OKX ZHIPU-USDT-SWAP+0.1832%8h96.770+0.118%$5.6M$16.3M25xas long as short
Binance ZHIPUUSDT+0.2087%4h96.542−0.118%$22.6M$60.6M25xas long as short
Bybit ZHIPUUSDT+0.2371%8h96.600−0.058%$290K$1.4M25xas long as short
edgeX ZHIPUUSDClong+0.2739%4h96.656long leg$19K$150K10x