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 0.000%

Price spread now: SunX against Aster+0.416%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 SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 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: SunX is 0.416% dearer against Aster than usual: you sell high and buy low, +$42 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	105.30	0	get 0.0000% / 8h	13m 42s	$54K	$51K	20x
Short	SunX ZHIPU-USDT	105.74	0	get 0.0000% / 4h	13m 42s	$1K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.416%Rate

Funding earned: $0
Price spread: +0.416% → 0.000%: $41.64
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: $25.64
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago	30.35 bp	136.1 bp −$136	doesn't fit	doesn't fit	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	105.30	long leg	$54K	$51K	20x
SunX ZHIPU-USDTshort	0.0000%	4h	105.74	+0.416%	$1K	$1.2M	10x
HTX ZHIPU-USDT	0.0000%	4h	105.58	+0.264%	$19K	$316K	20x	as long as short
Gate ZHIPU_USDT	+0.0008%	8h	105.77	+0.445%	$2.9M	$13.5M	50x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.68	+0.359%	$38K	$3K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0100%	8h	105.80	+0.473%	$5.0M	$18.8M	25x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.81	+0.487%	$23K	$20	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.71	+0.388%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	105.65	+0.326%	—	—	10x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0183%	8h	105.63	+0.312%	$77	$266	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	+0.0200%	8h	105.70	+0.378%	$1.7M	$4.4M	20x	as long as short
Binance ZHIPUUSDT	+0.0293%	4h	105.63	+0.311%	$21.1M	$57.6M	25x	as long as short
Lighter ZHIPU	+0.0360%	1h	105.74	+0.416%	$112K	$19K	10x	as long as short
Bybit ZHIPUUSDT	+0.0493%	8h	105.82	+0.492%	$306K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.0875%	4h	105.86	+0.526%	$21K	$151K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.1020%	1h	105.67	+0.350%	$29.1M	$7.9M	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1405%	1h	105.72	+0.397%	$37K	$22K	5x	as long as short