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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: SunX against Gate+0.011%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2762.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.270%+$27 · spread now +0.011%, 7d avg −0.006%
Together, before fees+0.271%+$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZHIPU_USDT94.7800get 0.0000% / 8h6h 15m$3.3M$10.2M50x
ShortSunX ZHIPU-USDT94.7900get 0.0000% / 4h2h 15m$1K$395K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.011% → −0.006%
$1.61
Slippage, 4 orders
−$253.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$274.87
Costs to cover
2.765%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; SunX: live order book, 28 min ago.

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 ago4.75 bp14.9 bp −$1548.2 bp −$48285.9 bp −$8,586doesn't fit
Sell SunX live order book, 28 min ago30.58 bp136.9 bp −$137doesn't fitdoesn't fitdoesn't fit

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%8h94.780long leg$3.3M$10.2M50x
SunX ZHIPU-USDTshort0.0000%4h94.790+0.011%$1K$395K10x
HTX ZHIPU-USDT0.0000%4h94.730−0.053%$15K$346K20xas long as short
Lighter ZHIPU+0.0032%1h94.610−0.179%$100K$16K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.700−0.084%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.711−0.073%$43K$12K3xas long as short
KuCoin ZHIPUUSDTM+0.0100%4h94.760−0.021%$39K$244K20xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.690−0.095%$823$79810xas long as short
Aevo ZHIPU-PERP+0.0104%1h94.704−0.080%10xas long as short
Aster ZHIPUUSDT+0.0273%8h94.672−0.114%$54K$33K20xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZHIPUUSDT+0.0490%4h94.698−0.086%$21.9M$55.6M25xas long as short
tradeXYZ xyz:ZHIPU+0.0516%1h94.683−0.102%$26.6M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.0674%8h94.800+0.021%$355K$1.2M25xas long as short
Ondo Perps ZHIPU-USD.P+0.0746%1h94.810+0.032%$32K$19K5xas long as short
Bitget ZHIPUUSDT+0.0925%8h94.7800.000%$1.6M$4.0M20xas long as short
edgeX ZHIPUUSDC+0.1299%4h94.697−0.087%$20K$152K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1330%8h94.770−0.011%$5.1M$15.3M25xas long as short