Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2424%/8h= +265.4% APRpaid last 24h +0.288%

Price spread now: edgeX against SoDEX−0.384%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.384% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.384% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 13 hours of funding at the current rate (+$73 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZHIPU-USD	96.530	0.0050	pay 0.0006% / 1h	33m 06s	$34K	$3K	10x
Short	edgeX ZHIPUUSDC	96.159	0.2474	get 0.1237% / 4h	33m 06s	$19K	$150K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now −0.384%Rate

Funding earned: $509.04
Price spread: −0.384% → 0.000%: −$38.43
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $453.62
Costs to cover: 0.170%
Break-even: 0.8 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 23 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 SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 23 min ago	12.27 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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	96.670	+0.145%	$2K	$842K	10x	as long as short
SoDEX ZHIPU-USDlong	+0.0050%	1h	96.530	long leg	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	96.398	−0.137%	$27K	$3K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.550	+0.021%	$569	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0232%	1h	96.634	+0.107%	—	—	10x	as long as short
Gate ZHIPU_USDT	+0.0277%	8h	96.690	+0.166%	$3.0M	$11.5M	50x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0388%	1h	95.990	−0.559%	$36K	$20K	5x	as long as short
Lighter ZHIPU	+0.0624%	1h	96.670	+0.145%	$102K	$20K	10x	as long as short
Aster ZHIPUUSDT	+0.0710%	8h	96.528	−0.002%	$50K	$51K	20x	as long as short
HTX ZHIPU-USDT	+0.0848%	4h	96.650	+0.124%	$17K	$327K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ZHIPU	+0.1023%	1h	96.589	+0.061%	$27.2M	$7.2M	10x	as long as short
KuCoin ZHIPUUSDTM	+0.1458%	4h	96.700	+0.176%	$39K	$124K	20x	as long as short
Bitget ZHIPUUSDT	+0.1499%	8h	96.640	+0.114%	$1.9M	$3.9M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1835%	8h	96.740	+0.218%	$5.7M	$16.3M	25x	as long as short
Binance ZHIPUUSDT	+0.2070%	4h	96.530	0.000%	$22.6M	$60.7M	25x	as long as short
Bybit ZHIPUUSDT	+0.2345%	8h	96.600	+0.073%	$289K	$1.4M	25x	as long as short
edgeX ZHIPUUSDCshort	+0.2474%	4h	96.159	−0.384%	$19K	$150K	10x