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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0608%/8h= −66.6% APRnext payment $0.76 per $10,000 · paid last 24h
Price spread now: Aevo against Lighter−0.139%7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aevo is 0.139% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZHIPU106.400.0712pay 0.0089% / 1h34m 12s$113K$20K10x
ShortAevo ZHIPU-PERP106.250.0104get 0.0013% / 1h34m 12s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
−$127.68
Price spread: −0.139% → 0.000%
−$13.9
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$157.58
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 15 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 15 min ago46.37 bp47.8 bp −$4858.6 bp −$586doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDT0.0000%8h106.26−0.134%$54K$51K20xas long as short
SunX ZHIPU-USDT0.0000%4h106.16−0.226%$1K$1.1M10xas long as short
SoDEX ZHIPU-USD+0.0050%1h106.26−0.132%$38K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h106.40−0.004%$23K$203xas long as short
Aevo ZHIPU-PERPshort+0.0104%1h106.25−0.139%10x
Gate ZHIPU_USDT+0.0176%8h106.44+0.038%$2.9M$10.6M50xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0199%8h106.26−0.132%$55$26610xas long as short
OKX ZHIPU-USDT-SWAP+0.0403%8h106.53+0.122%$5.1M$18.3M25xas long as short
Bitget ZHIPUUSDT+0.0434%8h106.400.000%$2.0M$4.4M20xas long as short
KuCoin ZHIPUUSDTM+0.0466%4h106.33−0.066%$43K$128K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ZHIPUlong+0.0712%1h106.40long leg$113K$20K10x
HTX ZHIPU-USDT+0.0971%4h106.29−0.103%$19K$309K20xas long as short
Binance ZHIPUUSDT+0.1324%4h106.27−0.125%$21.9M$56.4M25xas long as short
edgeX ZHIPUUSDC+0.1555%4h106.20−0.190%$21K$151K10xas long as short
tradeXYZ xyz:ZHIPU+0.1735%1h106.38−0.019%$29.0M$6.9M10xas long as short
Bybit ZHIPUUSDT+0.2295%8h106.36−0.038%$400K$1.4M25xas long as short
Ondo Perps ZHIPU-USD.P+0.2652%1h106.62+0.207%$37K$24K5xas long as short