Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.2555%/8h= +279.8% APRpaid last 24h +0.273%

Price spread now: edgeX against Nado+0.396%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 edgeX

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 · edgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$77 a day on $10k at the current rate, and edgeX is 0.396% dearer against Nado than usual: you sell high and buy low: +$40 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	99.766	0.0100	pay 0.0012% / 1h	25m 27s	$28K	$3K	3x
Short	edgeX ZHIPUUSDC	100.16	0.2655	get 0.1328% / 4h	1h 25m	$20K	$149K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.396%Rate

Funding earned: $536.63
Price spread: +0.396% → 0.000%: $39.58
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $560.21
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Nado: no order-book sample; edgeX: live order book, 36 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 edgeX live order book, 36 min ago	12.88 bp	42.3 bp −$42	doesn't fit	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	100.34	+0.575%	$2K	$922K	10x	as long as short
Nado ZHIPU-PERPlong	+0.0100%	1h	99.766	long leg	$28K	$3K	3x
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	100.19	+0.425%	$52	$266	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	100.33	+0.563%	—	—	10x	as long as short
SoDEX ZHIPU-USD	+0.0122%	1h	100.24	+0.475%	$36K	$3K	10x	as long as short
Aster ZHIPUUSDT	+0.0401%	8h	99.867	+0.101%	$51K	$53K	20x	as long as short
Gate ZHIPU_USDT	+0.0436%	8h	100.43	+0.665%	$3.2M	$10.8M	50x	as long as short
Bitget ZHIPUUSDT	+0.1195%	8h	100.40	+0.635%	$2.0M	$3.7M	20x	as long as short
HTX ZHIPU-USDT	+0.1203%	4h	100.15	+0.384%	$18K	$321K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.1289%	1h	100.14	+0.374%	$36K	$18K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZHIPU-USDT-SWAP	+0.1377%	8h	100.37	+0.605%	$5.4M	$15.6M	25x	as long as short
KuCoin ZHIPUUSDTM	+0.1382%	4h	100.09	+0.324%	$40K	$121K	20x	as long as short
Lighter ZHIPU	+0.1528%	1h	100.32	+0.555%	$106K	$20K	10x	as long as short
tradeXYZ xyz:ZHIPU	+0.2085%	1h	100.19	+0.425%	$28.2M	$6.9M	10x	as long as short
Binance ZHIPUUSDT	+0.2211%	4h	100.33	+0.565%	$22.7M	$56.8M	25x	as long as short
edgeX ZHIPUUSDCshort	+0.2655%	4h	100.16	+0.396%	$20K	$149K	10x
Bybit ZHIPUUSDT	+0.2959%	8h	100.32	+0.555%	$374K	$1.3M	25x	as long as short