Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1521%/8h= +166.5% APRpaid last 24h +0.022%

Price spread now: Bitget against Nado+0.199%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—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

Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Bitget is 0.199% dearer against Nado than usual: you sell high and buy low: +$20 more if the spread 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	95.680	0.0100	pay 0.0012% / 1h	38m 22s	$44K	$12K	3x
Short	Bitget ZHIPUUSDT	95.870	0.1621	get 0.1621% / 8h	1h 38m	$1.7M	$4.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.199%Rate

Funding earned: $319.41
Price spread: +0.199% → 0.000%: $19.87
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: $320.28
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; Bitget: live order book, 5 min ago. 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 Bitget live order book, 5 min ago	2.61 bp	15.5 bp −$16	42.5 bp −$425	doesn't fit	doesn't fit

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 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
SunX ZHIPU-USDT	0.0000%	4h	95.890	+0.220%	$1K	$788K	10x	as long as short
Lighter ZHIPU	+0.0032%	1h	95.880	+0.209%	$101K	$17K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.730	+0.052%	$34K	$3K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	95.680	long leg	$44K	$12K	3x
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.790	+0.115%	$832	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0185%	8h	95.930	+0.261%	$3.2M	$11.8M	50x	as long as short
Aevo ZHIPU-PERP	+0.0272%	1h	95.816	+0.142%	—	—	10x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0748%	1h	95.800	+0.126%	$33K	$23K	5x	as long as short
Aster ZHIPUUSDT	+0.0926%	8h	95.951	+0.284%	$53K	$58K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0988%	4h	95.800	+0.126%	$38K	$119K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ZHIPU-USDT	+0.1060%	4h	95.780	+0.105%	$21K	$351K	20x	as long as short
tradeXYZ xyz:ZHIPU	+0.1117%	1h	95.803	+0.129%	$27.0M	$7.7M	10x	as long as short
Binance ZHIPUUSDT	+0.1155%	4h	95.788	+0.113%	$22.6M	$66.4M	25x	as long as short
Bybit ZHIPUUSDT	+0.1576%	8h	95.880	+0.209%	$360K	$1.5M	25x	as long as short
Bitget ZHIPUUSDTshort	+0.1621%	8h	95.870	+0.199%	$1.7M	$4.3M	20x
OKX ZHIPU-USDT-SWAP	+0.2009%	8h	95.900	+0.230%	$5.4M	$18.5M	25x	as long as short
edgeX ZHIPUUSDC	+0.2054%	4h	95.820	+0.146%	$20K	$154K	10x	as long as short