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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.006%
Price spread now: Nado against Gate−0.077%50s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZHIPU_USDT94.9600get 0.0000% / 8h5h 44m$3.3M$10.1M50x
ShortNado ZHIPU-PERP94.8860.0100get 0.0012% / 1h44m 42s$43K$12K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
$21
Price spread: −0.077% → 0.000%
−$7.74
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$8.74
Costs to cover
0.220%
Break-even
9.9 days
Slippage unknown: Gate: live order book, 2 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago3.16 bp12.9 bp −$1346.5 bp −$46582.5 bp −$8,247doesn't fit
Sell Nado no order-book sample
Nado: 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_USDTlong0.0000%8h94.960long leg$3.3M$10.1M50x
SunX ZHIPU-USDT0.0000%4h94.940−0.021%$1K$395K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.890−0.074%$16K$347K20xas long as short
Lighter ZHIPU+0.0032%1h94.780−0.190%$100K$16K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.830−0.137%$34K$3K10xas long as short
Nado ZHIPU-PERPshort+0.0100%1h94.886−0.077%$43K$12K3x
KuCoin ZHIPUUSDTM+0.0100%4h94.880−0.084%$39K$273K20xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.880−0.084%$824$79810xas long as short
Aevo ZHIPU-PERP+0.0104%1h94.855−0.110%10xas long as short
Aster ZHIPUUSDT+0.0137%8h94.770−0.200%$54K$33K20xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZHIPUUSDT+0.0399%4h94.871−0.094%$22.0M$55.9M25xas long as short
Bybit ZHIPUUSDT+0.0595%8h94.860−0.105%$356K$1.2M25xas long as short
tradeXYZ xyz:ZHIPU+0.0664%1h94.842−0.124%$26.6M$6.9M10xas long as short
Bitget ZHIPUUSDT+0.0756%8h94.930−0.032%$1.6M$4.0M20xas long as short
Ondo Perps ZHIPU-USD.P+0.0846%1h94.950−0.011%$32K$19K5xas long as short
OKX ZHIPU-USDT-SWAP+0.1181%8h94.980+0.021%$5.1M$15.3M25xas long as short
edgeX ZHIPUUSDC+0.1197%4h94.877−0.087%$20K$151K10xas long as short