Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0634%/8h= −69.5% APRnext payment −$0.79 per $10,000 · paid last 24h —

Price spread now: Aevo against Ondo Perps−0.619%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps 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 airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aevo is 0.619% cheaper against Ondo Perps than usual: you would sell low and buy high (−$62 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZHIPU-USD.P	96.790	0.0858	pay 0.0107% / 1h	8m 05s	$33K	$25K	5x
Short	Aevo ZHIPU-PERP	96.191	0.0224	get 0.0028% / 1h	8m 05s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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 Ondo PerpsbpFee AevobpOrdersPrice spread, now −0.619%Rate

Funding earned: −$133.22
Price spread: −0.619% → 0.000%: −$61.87
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$216.09
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Ondo Perps 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	96.500	−0.300%	$1K	$850K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.150	−0.661%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.891	−0.929%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.160	−0.651%	$835	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0107%	8h	96.350	−0.455%	$3.2M	$12.5M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0224%	1h	96.191	−0.619%	—	—	10x
Lighter ZHIPU	+0.0504%	1h	96.120	−0.692%	$101K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0734%	4h	96.170	−0.641%	$39K	$121K	20x	as long as short
Aster ZHIPUUSDT	+0.0761%	8h	96.387	−0.417%	$53K	$57K	20x	as long as short
Ondo Perps ZHIPU-USD.Plong	+0.0858%	1h	96.790	long leg	$33K	$25K	5x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.0931%	4h	96.200	−0.610%	$20K	$353K	20x	as long as short
Binance ZHIPUUSDT	+0.1000%	4h	96.200	−0.609%	$22.8M	$69.1M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1269%	1h	96.167	−0.644%	$27.1M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1434%	8h	96.340	−0.465%	$358K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1482%	8h	96.260	−0.548%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1877%	4h	96.808	+0.018%	$21K	$153K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1890%	8h	96.390	−0.413%	$5.5M	$18.6M	25x	as long as short