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−0.0457%/8h= −50.0% APRpaid last 24h +0.038%
Price spread now: HTX against Aster−0.315%7-day average · you buy dearer than you sell
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−0.222%−$22 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 against this trade now: funding costs −$14 a day on $10k at the current rate, and HTX is 0.315% cheaper against Aster than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT96.1930.0457pay 0.0457% / 8h3h 04m$50K$51K20x
ShortHTX ZHIPU-USDT95.8900get 0.0000% / 4h3h 04m$20K$341K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$95.89
Price spread: −0.315% → 0.000%
−$31.49
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$147.37
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; HTX: live order book, 47 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 HTX live order book, 47 min ago5.74 bp18.4 bp −$1836.1 bp −$361doesn'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
SunX ZHIPU-USDT0.0000%4h96.100−0.097%$1K$848K10xas long as short
HTX ZHIPU-USDTshort0.0000%4h95.890−0.315%$20K$341K20x
Lighter ZHIPU+0.0032%1h96.130−0.065%$101K$20K10xas long as short
Gate ZHIPU_USDT+0.0040%8h96.040−0.159%$2.9M$11.9M50xas long as short
SoDEX ZHIPU-USD+0.0050%1h96.010−0.190%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.127−0.069%$27K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.040−0.159%$566$79810xas long as short
Aevo ZHIPU-PERP+0.0184%1h96.013−0.187%10xas long as short
Aster ZHIPUUSDTlong+0.0457%8h96.193long leg$50K$51K20x
KuCoin ZHIPUUSDTM+0.0588%4h96.060−0.138%$39K$121K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.0741%1h96.036−0.163%$26.9M$7.2M10xas long as short
Ondo Perps ZHIPU-USD.P+0.0745%1h96.270+0.080%$36K$20K5xas long as short
Binance ZHIPUUSDT+0.0839%4h95.996−0.205%$22.5M$63.7M25xas long as short
edgeX ZHIPUUSDC+0.0993%4h96.026−0.174%$19K$150K10xas long as short
Bitget ZHIPUUSDT+0.1269%8h96.040−0.159%$1.8M$4.1M20xas long as short
Bybit ZHIPUUSDT+0.1279%8h96.070−0.128%$266K$1.4M25xas long as short
OKX ZHIPU-USDT-SWAP+0.1661%8h96.040−0.159%$5.7M$17.1M25xas long as short