Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1689%/8h= −185.0% APRpaid last 24h —

Price spread now: Aevo against OKX−0.010%7-day average — · you buy dearer than you sell

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

Long on OKX 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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$51 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZHIPU-USDT-SWAP	95.000	0.1905	pay 0.1905% / 8h	33m 15s	$5.3M	$16.0M	25x
Short	Aevo ZHIPU-PERP	94.991	0.0216	get 0.0027% / 1h	33m 15s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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 OKXbpFee AevobpOrdersPrice spread, now −0.010%Rate

Funding earned: −$354.79
Price spread: −0.010% → 0.000%: −$0.99
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$381.78
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	2.10 bp	11.8 bp −$12	77.0 bp −$770	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZHIPU-USDT	0.0000%	4h	95.090	+0.095%	$1K	$530K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	94.950	−0.053%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0072%	1h	95.010	+0.011%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.045	+0.047%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.980	−0.021%	$825	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0205%	8h	95.080	+0.084%	$3.2M	$10.1M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0216%	1h	94.991	−0.010%	—	—	10x
Ondo Perps ZHIPU-USD.P	+0.0273%	1h	95.220	+0.232%	$33K	$22K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.0580%	1h	94.969	−0.033%	$26.8M	$7.3M	10x	as long as short
HTX ZHIPU-USDT	+0.0617%	4h	94.990	−0.011%	$20K	$350K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZHIPUUSDT	+0.0895%	8h	95.068	+0.072%	$53K	$41K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.1008%	4h	95.060	+0.063%	$38K	$112K	20x	as long as short
Binance ZHIPUUSDT	+0.1057%	4h	94.980	−0.021%	$22.3M	$58.3M	25x	as long as short
Bybit ZHIPUUSDT	+0.1364%	8h	94.980	−0.021%	$354K	$1.3M	25x	as long as short
Bitget ZHIPUUSDT	+0.1544%	8h	95.020	+0.021%	$1.7M	$3.9M	20x	as long as short
edgeX ZHIPUUSDC	+0.1667%	4h	95.129	+0.136%	$20K	$154K	10x	as long as short
OKX ZHIPU-USDT-SWAPlong	+0.1905%	8h	95.000	long leg	$5.3M	$16.0M	25x