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 −0.148%

Price spread now: Aster against Binance−0.086%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 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: Aster is 0.086% cheaper against Binance than usual: you would sell low and buy high, −$9 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	Binance ZHIPUUSDT	104.92	0	get 0.0000% / 4h	1h 23m	$20.8M	$57.0M	25x
Short	Aster ZHIPUUSDT	104.83	0	get 0.0000% / 8h	1h 23m	$54K	$51K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → 0.000%: −$8.62
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.62
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 4 min ago; Aster: 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 Binance live order book, 4 min ago	0.48 bp	11.2 bp −$11	33.2 bp −$332	176.2 bp −$17.6K	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 ZHIPUUSDTshort	0.0000%	8h	104.83	−0.086%	$54K	$51K	20x
Binance ZHIPUUSDTlong	0.0000%	4h	104.92	long leg	$20.8M	$57.0M	25x
Gate ZHIPU_USDT	0.0000%	8h	105.02	+0.097%	$2.8M	$13.6M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	104.99	+0.068%	$2K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	104.89	−0.027%	$19K	$315K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	104.99	+0.068%	$119K	$9K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	104.92	+0.002%	$37K	$3K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.0071%	1h	104.99	+0.068%	$29.2M	$7.7M	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	105.01	+0.091%	$23K	$145	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	104.94	+0.021%	$41K	$134K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ZHIPU-PERP	+0.0104%	1h	104.91	−0.007%	—	—	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0122%	8h	105.11	+0.183%	$4.9M	$18.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.0201%	8h	104.96	+0.040%	$1.7M	$4.4M	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0204%	8h	104.89	−0.027%	$76	$266	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0344%	1h	104.90	−0.017%	$36K	$22K	5x	as long as short
Bybit ZHIPUUSDT	+0.0348%	8h	105.03	+0.107%	$303K	$1.3M	25x	as long as short
edgeX ZHIPUUSDC	+0.0906%	4h	104.99	+0.073%	$21K	$149K	10x	as long as short