Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.4% APRnext payment $2.04 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against Orderly+0.041%49s7-day average · you sell dearer than you buy
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 airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.041% dearer against Orderly than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZHIPU_USDC_mythos106.250.0204pay 0.0204% / 8h6h 36m$55$26610x
ShortAster ZHIPUUSDT106.290get 0.0000% / 8h6h 36m$54K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
−$42.94
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.87
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: 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 Orderly no order-book sample
Sell Aster no order-book sample
Orderly and Aster: 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
Aster ZHIPUUSDTshort0.0000%8h106.29+0.041%$54K$51K20x
SunX ZHIPU-USDT0.0000%4h106.16−0.085%$1K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.13−0.113%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.33+0.072%$23K$203xas long as short
Aevo ZHIPU-PERP+0.0104%1h106.22−0.028%10xas long as short
Gate ZHIPU_USDT+0.0161%8h106.37+0.113%$2.9M$10.6M50xas long as short
Orderly PERP_ZHIPU_USDC_mythoslong+0.0204%8h106.25long leg$55$26610x
OKX ZHIPU-USDT-SWAP+0.0406%8h106.59+0.320%$5.1M$18.3M25xas long as short
Bitget ZHIPUUSDT+0.0439%8h106.39+0.132%$2.0M$4.4M20xas long as short
KuCoin ZHIPUUSDTM+0.0462%4h106.31+0.056%$43K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPU+0.0800%1h106.31+0.056%$112K$20K10xas long as short
HTX ZHIPU-USDT+0.1088%4h106.10−0.141%$19K$308K20xas long as short
Binance ZHIPUUSDT+0.1338%4h106.26+0.006%$21.9M$56.3M25xas long as short
edgeX ZHIPUUSDC+0.1555%4h106.20−0.049%$21K$151K10xas long as short
tradeXYZ xyz:ZHIPU+0.1844%1h106.32+0.066%$29.0M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.2373%8h106.32+0.066%$402K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.2756%1h106.62+0.348%$37K$24K5xas long as short