Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h —

Price spread now: Aevo against SoDEX−0.132%7-day average — · you buy dearer than you sell

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

Long on SoDEX 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

Funding pays, the price is against you. Aevo is 0.132% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.5 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZHIPU-USD	96.720	0.0050	pay 0.0006% / 1h	9m 33s	$34K	$3K	10x
Short	Aevo ZHIPU-PERP	96.592	0.0224	get 0.0028% / 1h	9m 33s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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 SoDEXbpFee AevobpOrdersPrice spread, now −0.132%Rate

Funding earned: $36.54
Price spread: −0.132% → 0.000%: −$13.24
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$0.7
Costs to cover: 0.240%
Break-even: 7.1 days

Slippage unknown: SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

SoDEX 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	96.920	+0.207%	$1K	$849K	10x	as long as short
SoDEX ZHIPU-USDlong	+0.0050%	1h	96.720	long leg	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	96.082	−0.660%	$44K	$12K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.700	−0.021%	$840	$1K	10x	as long as short
Gate ZHIPU_USDT	+0.0103%	8h	96.570	−0.155%	$3.2M	$12.5M	50x	as long as short
Aevo ZHIPU-PERPshort	+0.0224%	1h	96.592	−0.132%	—	—	10x
Lighter ZHIPU	+0.0504%	1h	96.410	−0.321%	$101K	$20K	10x	as long as short
KuCoin ZHIPUUSDTM	+0.0718%	4h	96.570	−0.155%	$39K	$121K	20x	as long as short
Aster ZHIPUUSDT	+0.0761%	8h	96.510	−0.217%	$53K	$57K	20x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0845%	1h	96.790	+0.072%	$33K	$25K	5x	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	+0.0900%	4h	96.710	−0.010%	$21K	$353K	20x	as long as short
Binance ZHIPUUSDT	+0.0988%	4h	96.384	−0.347%	$22.9M	$68.9M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.1255%	1h	96.482	−0.246%	$27.2M	$8.0M	10x	as long as short
Bybit ZHIPUUSDT	+0.1424%	8h	96.470	−0.258%	$359K	$1.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1473%	8h	96.410	−0.321%	$1.7M	$4.3M	20x	as long as short
edgeX ZHIPUUSDC	+0.1877%	4h	96.808	+0.091%	$21K	$153K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1883%	8h	96.440	−0.289%	$5.6M	$18.6M	25x	as long as short