Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h —

Price spread now: Bitget against Aevo+0.052%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Bitget

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.052% dearer against Aevo than usual: you sell high and buy low: +$5 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	Aevo ZHIPU-PERP	105.19	0.0104	pay 0.0013% / 1h	38m 45s	—	—	10x
Short	Bitget ZHIPUUSDT	105.24	0.0126	get 0.0126% / 8h	38m 45s	$1.7M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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 AevobpFee BitgetbpOrdersPrice spread, now +0.052%Rate

Funding earned: $4.62
Price spread: +0.052% → 0.000%: $5.19
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$18.19
Costs to cover: 0.280%
Break-even: 34.6 days

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 4 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 Aevo no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	2.38 bp	20.1 bp −$20	59.6 bp −$596	doesn't fit	doesn't fit

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
Aster ZHIPUUSDT	0.0000%	8h	105.05	−0.132%	$54K	$51K	20x	as long as short
Binance ZHIPUUSDT	0.0000%	4h	105.16	−0.024%	$20.9M	$57.2M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.32	+0.128%	$2.9M	$13.3M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.29	+0.099%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.13	−0.053%	$19K	$316K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0041%	8h	105.40	+0.204%	$5.0M	$18.6M	25x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.18	−0.005%	$37K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.25	+0.064%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.17	−0.015%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERPlong	+0.0104%	1h	105.19	long leg	—	—	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDTshort	+0.0126%	8h	105.24	+0.052%	$1.7M	$4.4M	20x
Orderly PERP_ZHIPU_USDC_mythos	+0.0204%	8h	105.17	−0.015%	$76	$266	10x	as long as short
Lighter ZHIPU	+0.0232%	1h	105.27	+0.080%	$120K	$9K	10x	as long as short
edgeX ZHIPUUSDC	+0.0300%	4h	105.26	+0.070%	$21K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0351%	8h	105.25	+0.061%	$305K	$1.3M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0790%	1h	105.26	+0.071%	$29.1M	$7.8M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1086%	1h	105.29	+0.099%	$37K	$22K	5x	as long as short