Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1269%/8h= −139.0% APRpaid last 24h —

Price spread now: Aevo against Bitget+0.078%52s7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.078% dearer against Bitget than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZHIPUUSDT	95.060	0.1461	pay 0.1461% / 8h	10m 28s	$1.6M	$3.8M	20x
Short	Aevo ZHIPU-PERP	95.134	0.0192	get 0.0024% / 1h	10m 28s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now +0.078%Rate

Funding earned: −$266.49
Price spread: +0.078% → 0.000%: $7.79
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$286.7
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; Aevo: 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 Bitget live order book, 2 min ago	2.63 bp	16.0 bp −$16	37.0 bp −$370	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	95.240	+0.189%	$2K	$452K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.160	+0.105%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0064%	1h	95.180	+0.126%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	94.945	−0.121%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.110	+0.053%	$826	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0192%	1h	95.134	+0.078%	—	—	10x
Gate ZHIPU_USDT	+0.0194%	8h	95.160	+0.105%	$3.2M	$10.3M	50x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0254%	1h	95.370	+0.326%	$32K	$22K	5x	as long as short
HTX ZHIPU-USDT	+0.0487%	4h	95.120	+0.063%	$20K	$350K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0531%	1h	95.013	−0.049%	$26.9M	$7.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0839%	8h	95.130	+0.074%	$53K	$40K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0972%	4h	95.100	+0.042%	$38K	$129K	20x	as long as short
Binance ZHIPUUSDT	+0.0974%	4h	95.097	+0.039%	$22.3M	$55.9M	25x	as long as short
Bybit ZHIPUUSDT	+0.1280%	8h	95.130	+0.074%	$355K	$1.2M	25x	as long as short
Bitget ZHIPUUSDTlong	+0.1461%	8h	95.060	long leg	$1.6M	$3.8M	20x
edgeX ZHIPUUSDC	+0.1703%	4h	95.218	+0.166%	$20K	$155K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1826%	8h	95.160	+0.105%	$5.2M	$15.5M	25x	as long as short