Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h —

Price spread now: Aevo against HTX+0.033%7-day average — · you sell dearer than you buy

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

Long on HTX 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—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.033% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZHIPU-USDT	95.850	0.0096	pay 0.0048% / 4h	3h 42m	$17K	$332K	20x
Short	Aevo ZHIPU-PERP	95.881	0.0192	get 0.0024% / 1h	42m 00s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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 HTXbpFee AevobpOrdersPrice spread, now +0.033%Rate

Funding earned: $20.07
Price spread: +0.033% → 0.000%: $3.25
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.68
Costs to cover: 0.280%
Break-even: 8.6 days

Slippage unknown: HTX: live order book, 10 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 HTX live order book, 10 min ago	5.74 bp	12.4 bp −$12	29.5 bp −$295	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	95.860	+0.010%	$2K	$851K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.870	+0.021%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0072%	1h	96.000	+0.156%	$101K	$20K	10x	as long as short
Gate ZHIPU_USDT	+0.0092%	8h	95.940	+0.094%	$2.9M	$11.8M	50x	as long as short
HTX ZHIPU-USDTlong	+0.0096%	4h	95.850	long leg	$17K	$332K	20x
Nado ZHIPU-PERP	+0.0100%	1h	95.974	+0.129%	$26K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.900	+0.052%	$565	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0192%	1h	95.881	+0.033%	—	—	10x
Aster ZHIPUUSDT	+0.0567%	8h	95.896	+0.048%	$49K	$51K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0804%	1h	96.240	+0.407%	$36K	$20K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZHIPUUSDTM	+0.0958%	4h	95.970	+0.125%	$39K	$125K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.1165%	1h	95.930	+0.083%	$26.9M	$7.2M	10x	as long as short
Binance ZHIPUUSDT	+0.1233%	4h	95.860	+0.010%	$22.5M	$63.4M	25x	as long as short
Bitget ZHIPUUSDT	+0.1375%	8h	95.990	+0.146%	$1.8M	$4.1M	20x	as long as short
edgeX ZHIPUUSDC	+0.1550%	4h	96.183	+0.348%	$19K	$151K	10x	as long as short
Bybit ZHIPUUSDT	+0.1585%	8h	95.940	+0.094%	$271K	$1.4M	25x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1785%	8h	96.000	+0.156%	$5.8M	$17.0M	25x	as long as short