Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.148%

Price spread now: Binance against Aster+0.121%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.121% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it 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	Aster ZHIPUUSDT	105.05	0	get 0.0000% / 8h	38m 06s	$54K	$51K	20x
Short	Binance ZHIPUUSDT	105.18	0	get 0.0000% / 4h	38m 06s	$20.9M	$57.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → 0.000%: $12.1
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.9
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: 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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	0.95 bp	9.4 bp −$9	44.4 bp −$444	181.5 bp −$18.1K	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDTlong	0.0000%	8h	105.05	long leg	$54K	$51K	20x
Binance ZHIPUUSDTshort	0.0000%	4h	105.18	+0.121%	$20.9M	$57.2M	25x
Gate ZHIPU_USDT	0.0000%	8h	105.32	+0.258%	$2.9M	$13.3M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.29	+0.229%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.15	+0.096%	$19K	$316K	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0039%	8h	105.37	+0.305%	$5.0M	$18.6M	25x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.17	+0.115%	$37K	$3K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.27	+0.213%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.17	+0.115%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	105.19	+0.133%	—	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZHIPUUSDT	+0.0126%	8h	105.18	+0.124%	$1.7M	$4.4M	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0204%	8h	105.17	+0.115%	$76	$266	10x	as long as short
Lighter ZHIPU	+0.0232%	1h	105.32	+0.258%	$120K	$9K	10x	as long as short
edgeX ZHIPUUSDC	+0.0300%	4h	105.26	+0.200%	$21K	$150K	10x	as long as short
Bybit ZHIPUUSDT	+0.0351%	8h	105.25	+0.191%	$305K	$1.3M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0783%	1h	105.26	+0.201%	$29.1M	$7.8M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1086%	1h	105.29	+0.229%	$37K	$22K	5x	as long as short