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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0494%/8h= −54.1% APRpaid last 24h −0.072%
Price spread now: Aster against KuCoin+0.186%7-day average · you sell dearer than you buy
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 7 days+0.169%+$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.186% dearer against KuCoin than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZHIPUUSDTM95.9500.1146pay 0.0573% / 4h11m 23s$39K$125K20x
ShortAster ZHIPUUSDT96.1290.0652get 0.0652% / 8h4h 11m$49K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$103.66
Price spread: +0.186% → 0.000%
$18.62
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$105.04
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 63 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 63 min ago18.50 bp54.6 bp −$55doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDT0.0000%4h95.750−0.208%$1K$850K10xas long as short
SoDEX ZHIPU-USD+0.0050%1h95.880−0.073%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h95.923−0.028%$26K$4K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h95.870−0.083%$565$79810xas long as short
Ondo Perps ZHIPU-USD.P+0.0131%1h95.780−0.177%$36K$20K5xas long as short
Gate ZHIPU_USDT+0.0164%8h95.960+0.010%$3.0M$11.8M50xas long as short
Aevo ZHIPU-PERP+0.0192%1h95.918−0.034%10xas long as short
Lighter ZHIPU+0.0232%1h96.020+0.073%$101K$20K10xas long as short
HTX ZHIPU-USDT+0.0501%4h95.930−0.021%$17K$332K20xas long as short
tradeXYZ xyz:ZHIPU+0.0645%1h95.889−0.064%$26.9M$7.2M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTshort+0.0652%8h96.129+0.186%$49K$51K20x
KuCoin ZHIPUUSDTMlong+0.1146%4h95.950long leg$39K$125K20x
Bitget ZHIPUUSDT+0.1412%8h95.970+0.021%$1.9M$3.9M20xas long as short
Binance ZHIPUUSDT+0.1607%4h95.855−0.099%$22.5M$62.0M25xas long as short
OKX ZHIPU-USDT-SWAP+0.1822%8h95.940−0.010%$5.8M$16.6M25xas long as short
Bybit ZHIPUUSDT+0.1836%8h95.940−0.010%$275K$1.4M25xas long as short
edgeX ZHIPUUSDC+0.2384%4h96.007+0.059%$19K$151K10xas long as short