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−0.2243%/8h= −245.6% APRpaid last 24h −0.267%
Price spread now: Orderly against edgeX−0.041%71s7-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 5 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Orderly is 0.041% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZHIPUUSDC95.9490.2343pay 0.1171% / 4h7m 47s$19K$150K10x
ShortOrderly PERP_ZHIPU_USDC_mythos95.9100.0100get 0.0100% / 8h4h 07m$565$79810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$470.94
Price spread: −0.041% → 0.000%
−$4.07
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$490.01
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 49 min ago; Orderly: 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, 49 min ago12.27 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%4h95.820−0.135%$2K$849K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.980+0.032%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h95.987+0.040%$27K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythosshort+0.0100%8h95.910−0.041%$565$79810x
Ondo Perps ZHIPU-USD.P+0.0106%1h95.670−0.291%$36K$20K5xas long as short
Gate ZHIPU_USDT+0.0154%8h96.040+0.095%$3.0M$11.8M50xas long as short
Aevo ZHIPU-PERP+0.0184%1h95.950+0.001%10xas long as short
Lighter ZHIPU+0.0200%1h96.020+0.074%$101K$20K10xas long as short
HTX ZHIPU-USDT+0.0451%4h95.880−0.072%$18K$332K20xas long as short
tradeXYZ xyz:ZHIPU+0.0592%1h96.038+0.093%$26.9M$7.1M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT+0.0642%8h96.120+0.178%$49K$51K20xas long as short
KuCoin ZHIPUUSDTM+0.1094%4h96.040+0.095%$39K$124K20xas long as short
Bitget ZHIPUUSDT+0.1396%8h96.060+0.116%$1.9M$4.0M20xas long as short
Binance ZHIPUUSDT+0.1507%4h95.950+0.001%$22.5M$62.1M25xas long as short
Bybit ZHIPUUSDT+0.1752%8h96.020+0.074%$277K$1.4M25xas long as short
OKX ZHIPU-USDT-SWAP+0.1807%8h96.070+0.126%$5.8M$16.7M25xas long as short
edgeX ZHIPUUSDClong+0.2343%4h95.949long leg$19K$150K10x