Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h —

Price spread now: Aevo against Nado−0.082%7-day average — · you buy dearer than you sell

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

Long on Nado 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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.082% cheaper against Nado than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZHIPU-PERP	105.65	0.0100	pay 0.0012% / 1h	45m 02s	$23K	$20	3x
Short	Aevo ZHIPU-PERP	105.56	0.0104	get 0.0013% / 1h	45m 02s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now −0.082%Rate

Funding earned: $0.84
Price spread: −0.082% → 0.000%: −$8.24
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$30.4
Costs to cover: 0.230%
Break-even: 260.3 days

Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Nado and 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
Aster ZHIPUUSDT	0.0000%	8h	105.43	−0.201%	$54K	$51K	20x	as long as short
Bybit ZHIPUUSDT	0.0000%	8h	105.69	+0.042%	$299K	$1.3M	25x	as long as short
Gate ZHIPU_USDT	0.0000%	8h	105.66	+0.013%	$2.9M	$13.0M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	105.70	+0.051%	$1K	$1.2M	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	105.51	−0.129%	$19K	$314K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	105.61	−0.034%	$112K	$19K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	105.56	−0.082%	$37K	$3K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	105.65	long leg	$23K	$20	3x
KuCoin ZHIPUUSDTM	+0.0100%	4h	105.60	−0.044%	$41K	$130K	20x	as long as short
Aevo ZHIPU-PERPshort	+0.0104%	1h	105.56	−0.082%	—	—	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZHIPU_USDC_mythos	+0.0147%	8h	105.54	−0.100%	$54	$266	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.0157%	8h	105.71	+0.060%	$5.0M	$18.6M	25x	as long as short
Bitget ZHIPUUSDT	+0.0228%	8h	105.64	−0.006%	$1.7M	$4.5M	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.0330%	1h	105.64	−0.006%	$29.0M	$7.9M	10x	as long as short
Binance ZHIPUUSDT	+0.0554%	4h	105.56	−0.085%	$21.1M	$57.0M	25x	as long as short
edgeX ZHIPUUSDC	+0.0869%	4h	105.62	−0.025%	$21K	$151K	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0997%	1h	105.65	+0.004%	$37K	$22K	5x	as long as short