Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h —

Price spread now: Aevo against Ondo Perps+0.207%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps 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 airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.207% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.207% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZHIPU-USD.P	94.950	0.0256	pay 0.0032% / 1h	31m 47s	$33K	$22K	5x
Short	Aevo ZHIPU-PERP	95.146	0.0216	get 0.0027% / 1h	31m 47s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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 Ondo PerpsbpFee AevobpOrdersPrice spread, now +0.207%Rate

Funding earned: −$8.4
Price spread: +0.207% → 0.000%: $20.68
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$8.72
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Ondo Perps 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
SunX ZHIPU-USDT	0.0000%	4h	95.090	+0.147%	$1K	$514K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	95.140	+0.200%	$34K	$3K	10x	as long as short
Lighter ZHIPU	+0.0056%	1h	95.180	+0.242%	$100K	$16K	10x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	95.138	+0.198%	$43K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	95.140	+0.200%	$827	$798	10x	as long as short
Gate ZHIPU_USDT	+0.0202%	8h	95.190	+0.253%	$3.2M	$10.1M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0216%	1h	95.146	+0.207%	—	—	10x
Ondo Perps ZHIPU-USD.Plong	+0.0256%	1h	94.950	long leg	$33K	$22K	5x
tradeXYZ xyz:ZHIPU	+0.0557%	1h	95.130	+0.190%	$26.9M	$7.3M	10x	as long as short
HTX ZHIPU-USDT	+0.0602%	4h	95.160	+0.221%	$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	95.160	+0.222%	$53K	$41K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0998%	4h	95.190	+0.253%	$38K	$112K	20x	as long as short
Binance ZHIPUUSDT	+0.1047%	4h	95.145	+0.205%	$22.3M	$58.2M	25x	as long as short
Bybit ZHIPUUSDT	+0.1356%	8h	95.180	+0.242%	$356K	$1.3M	25x	as long as short
Bitget ZHIPUUSDT	+0.1536%	8h	95.150	+0.211%	$1.7M	$3.9M	20x	as long as short
edgeX ZHIPUUSDC	+0.1667%	4h	95.129	+0.189%	$20K	$154K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1900%	8h	95.230	+0.295%	$5.3M	$16.1M	25x	as long as short