Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h —

Price spread now: Aevo against Nado+0.364%7-day average — · you sell dearer than you buy

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

Long on Nado 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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aevo is 0.364% dearer against Nado than usual: you sell high and buy low: +$36 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	Nado ZHIPU-PERP	96.082	0.0100	pay 0.0012% / 1h	8m 57s	$44K	$12K	3x
Short	Aevo ZHIPU-PERP	96.432	0.0224	get 0.0028% / 1h	8m 57s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.364%Rate

Funding earned: $26.04
Price spread: +0.364% → 0.000%: $36.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: $39.45
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Nado and 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	96.610	+0.550%	$1K	$849K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.350	+0.279%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	96.082	long leg	$44K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.410	+0.342%	$838	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0103%	8h	96.450	+0.383%	$3.2M	$12.5M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0224%	1h	96.432	+0.364%	—	—	10x
Lighter ZHIPU	+0.0504%	1h	96.220	+0.144%	$101K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0718%	4h	96.380	+0.310%	$39K	$121K	20x	as long as short
Aster ZHIPUUSDT	+0.0761%	8h	96.510	+0.446%	$53K	$57K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0845%	1h	96.790	+0.737%	$33K	$25K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.0910%	4h	96.390	+0.321%	$20K	$353K	20x	as long as short
Binance ZHIPUUSDT	+0.0988%	4h	96.345	+0.273%	$22.8M	$69.0M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1262%	1h	96.358	+0.287%	$27.2M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1424%	8h	96.450	+0.383%	$359K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1473%	8h	96.370	+0.300%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1877%	4h	96.808	+0.756%	$21K	$153K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1883%	8h	96.450	+0.383%	$5.6M	$18.6M	25x	as long as short