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+0.0257%/8h= +28.1% APRnext payment +$2.57 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against Aster+0.084%7-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 7 days−0.051%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.084% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT105.520get 0.0000% / 8h7h 51m$54K$51K20x
ShortBitget ZHIPUUSDT105.610.0257get 0.0257% / 8h7h 51m$1.7M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$53.97
Price spread: +0.084% → 0.000%
$8.41
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$42.38
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 1 min ago. 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 Aster no order-book sample
Sell Bitget live order book, 1 min ago2.37 bp16.7 bp −$1755.6 bp −$556doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTlong0.0000%8h105.52long leg$54K$51K20x
Bybit ZHIPUUSDT0.0000%8h105.62+0.094%$300K$1.3M25xas long as short
Gate ZHIPU_USDT0.0000%8h105.64+0.113%$2.9M$13.0M50xas long as short
SunX ZHIPU-USDT0.0000%4h105.65+0.122%$2K$1.2M10xas long as short
HTX ZHIPU-USDT0.0000%4h105.49−0.030%$19K$314K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h105.54+0.018%$37K$3K10xas long as short
Lighter ZHIPU+0.0072%1h105.62+0.094%$112K$19K10xas long as short
Nado ZHIPU-PERP+0.0100%1h105.67+0.137%$23K$203xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h105.58+0.056%$41K$130K20xas long as short
Aevo ZHIPU-PERP+0.0104%1h105.65+0.119%10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZHIPU_USDC_mythos+0.0149%8h105.51−0.011%$54$26610xas long as short
OKX ZHIPU-USDT-SWAP+0.0167%8h105.71+0.179%$5.0M$18.6M25xas long as short
Bitget ZHIPUUSDTshort+0.0257%8h105.61+0.084%$1.7M$4.5M20x
tradeXYZ xyz:ZHIPU+0.0406%1h105.62+0.094%$29.0M$7.9M10xas long as short
Binance ZHIPUUSDT+0.0588%4h105.51−0.008%$21.1M$57.0M25xas long as short
Ondo Perps ZHIPU-USD.P+0.1022%1h105.63+0.103%$37K$22K5xas long as short
edgeX ZHIPUUSDC+0.1200%4h105.63+0.100%$21K$150K10xas long as short