Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.1057%/8h= +115.7% APRnext payment +$10.57 per $10,000 · paid last 24h +0.116%
Price spread now: OKX against Aster+0.104%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+0.036%+$4 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 +$32 a day on $10k at the current rate, and OKX is 0.104% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.57 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZHIPUUSDT94.6720.0273pay 0.0273% / 8h6h 15m$54K$33K20x
ShortOKX ZHIPU-USDT-SWAP94.7700.1330get 0.1330% / 8h6h 15m$5.1M$15.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$221.98
Price spread: +0.104% → 0.000%
$10.36
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$214.34
Costs to cover
0.180%
Break-even
0.2 days
Slippage unknown: Aster: no order-book sample; OKX: 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 OKX live order book, 1 min ago0.53 bp11.6 bp −$1253.7 bp −$537doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZHIPU_USDT0.0000%8h94.780+0.114%$3.3M$10.2M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.790+0.125%$1K$395K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.730+0.061%$15K$346K20xas long as short
Lighter ZHIPU+0.0032%1h94.610−0.065%$100K$16K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.700+0.030%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.711+0.041%$43K$12K3xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h94.760+0.093%$39K$244K20xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.690+0.019%$823$79810xas long as short
Aevo ZHIPU-PERP+0.0104%1h94.704+0.034%10xas long as short
Aster ZHIPUUSDTlong+0.0273%8h94.672long leg$54K$33K20x
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZHIPUUSDT+0.0490%4h94.698+0.028%$21.9M$55.6M25xas long as short
tradeXYZ xyz:ZHIPU+0.0516%1h94.683+0.012%$26.6M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.0674%8h94.800+0.135%$355K$1.2M25xas long as short
Ondo Perps ZHIPU-USD.P+0.0746%1h94.810+0.146%$32K$19K5xas long as short
Bitget ZHIPUUSDT+0.0925%8h94.780+0.114%$1.6M$4.0M20xas long as short
edgeX ZHIPUUSDC+0.1299%4h94.697+0.027%$20K$152K10xas long as short
OKX ZHIPU-USDT-SWAPshort+0.1330%8h94.770+0.104%$5.1M$15.3M25x