Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0786%/8h= −86.0% APRpaid last 24h +0.015%

Price spread now: SoDEX against Aster−0.063%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no 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 −$24 a day on $10k at the current rate, and SoDEX is 0.063% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZHIPUUSDT	94.699	0.0836	pay 0.0836% / 8h	5m 49s	$53K	$40K	20x
Short	SoDEX ZHIPU-USD	94.640	0.0050	get 0.0006% / 1h	5m 49s	$34K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$164.97
Price spread: −0.063% → 0.000%: −$6.27
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$187.24
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SoDEX: no order-book sample. 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 SoDEX no order-book sample	—	—	—	—	—

Aster and SoDEX: 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
SunX ZHIPU-USDT	0.0000%	4h	94.940	+0.254%	$2K	$445K	10x	as long as short
SoDEX ZHIPU-USDshort	+0.0050%	1h	94.640	−0.063%	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	94.530	−0.179%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.650	−0.052%	$822	$798	10x	as long as short
Lighter ZHIPU	+0.0136%	1h	94.780	+0.085%	$100K	$16K	10x	as long as short
Gate ZHIPU_USDT	+0.0197%	8h	94.740	+0.043%	$3.2M	$10.3M	50x	as long as short
Aevo ZHIPU-PERP	+0.0200%	1h	94.685	−0.016%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0274%	1h	95.310	+0.645%	$32K	$22K	5x	as long as short
HTX ZHIPU-USDT	+0.0483%	4h	94.720	+0.022%	$20K	$350K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0548%	1h	94.648	−0.054%	$26.8M	$7.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDTlong	+0.0836%	8h	94.699	long leg	$53K	$40K	20x
Binance ZHIPUUSDT	+0.0975%	4h	94.690	−0.010%	$22.2M	$56.1M	25x	as long as short
KuCoin ZHIPUUSDTM	+0.0976%	4h	94.680	−0.020%	$38K	$134K	20x	as long as short
edgeX ZHIPUUSDC	+0.1181%	4h	95.105	+0.428%	$20K	$152K	10x	as long as short
Bybit ZHIPUUSDT	+0.1272%	8h	94.750	+0.053%	$356K	$1.2M	25x	as long as short
Bitget ZHIPUUSDT	+0.1457%	8h	94.710	+0.011%	$1.6M	$3.9M	20x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1820%	8h	94.730	+0.032%	$5.2M	$15.4M	25x	as long as short