Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0506%/8h= +55.4% APRpaid last 24h +0.020%

Price spread now: OKX against Nado+0.664%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 OKX

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 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 +$15 a day on $10k at the current rate, and OKX is 0.664% dearer against Nado than usual: you sell high and buy low: +$66 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	101.83	0.0100	pay 0.0012% / 1h	13m 29s	$26K	$2K	3x
Short	OKX ZHIPU-USDT-SWAP	102.51	0.0606	get 0.0606% / 8h	6h 13m	$5.2M	$16.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.664%Rate

Funding earned: $106.28
Price spread: +0.664% → 0.000%: $66.44
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: $155.72
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; OKX: live order book, 5 min ago. 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 OKX live order book, 5 min ago	2.43 bp	13.9 bp −$14	61.6 bp −$616	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	0.0000%	8h	101.99	+0.154%	$52K	$52K	20x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	102.36	+0.517%	$2K	$1.0M	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	102.02	+0.183%	$36K	$3K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	101.83	long leg	$26K	$2K	3x
Aevo ZHIPU-PERP	+0.0104%	1h	102.03	+0.194%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0113%	8h	101.97	+0.134%	$53	$266	10x	as long as short
Gate ZHIPU_USDT	+0.0224%	8h	102.31	+0.468%	$3.0M	$11.7M	50x	as long as short
Bitget ZHIPUUSDT	+0.0549%	8h	102.49	+0.645%	$2.0M	$3.8M	20x	as long as short
Lighter ZHIPU	+0.0568%	1h	102.18	+0.340%	$108K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0574%	4h	102.25	+0.409%	$41K	$124K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAPshort	+0.0606%	8h	102.51	+0.664%	$5.2M	$16.3M	25x
HTX ZHIPU-USDT	+0.0618%	4h	102.22	+0.380%	$18K	$307K	20x	as long as short
Binance ZHIPUUSDT	+0.1439%	4h	102.31	+0.468%	$21.7M	$55.1M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1531%	1h	102.42	+0.576%	$37K	$20K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.1602%	1h	102.27	+0.429%	$28.1M	$6.1M	10x	as long as short
Bybit ZHIPUUSDT	+0.2123%	8h	102.36	+0.517%	$384K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.2207%	4h	102.93	+1.077%	$20K	$154K	10x	as long as short