Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0171%/8h= +18.8% APRpaid last 24h +0.068%

Price spread now: Aster against SoDEX−0.095%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 Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.095% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 44 hours 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	94.780	0.0050	pay 0.0006% / 1h	3m 47s	$34K	$3K	10x
Short	Aster ZHIPUUSDT	94.690	0.0221	get 0.0221% / 8h	6h 03m	$54K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.095%Rate

Funding earned: $36
Price spread: −0.095% → 0.000%: −$9.49
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $10.51
Costs to cover: 0.160%
Break-even: 5.0 days

Slippage unknown: SoDEX: no order-book sample; Aster: 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 Aster no order-book sample	—	—	—	—	—

SoDEX and Aster: 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 exchanges

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
Gate ZHIPU_USDT	0.0000%	8h	94.870	+0.095%	$3.3M	$10.2M	50x	as long as short
SunX ZHIPU-USDT	0.0000%	4h	94.960	+0.190%	$1K	$395K	10x	as long as short
HTX ZHIPU-USDT	0.0000%	4h	94.850	+0.074%	$16K	$348K	20x	as long as short
Lighter ZHIPU	+0.0032%	1h	94.650	−0.137%	$100K	$16K	10x	as long as short
SoDEX ZHIPU-USDlong	+0.0050%	1h	94.780	long leg	$34K	$3K	10x
Nado ZHIPU-PERP	+0.0100%	1h	94.798	+0.019%	$43K	$12K	3x	as long as short
KuCoin ZHIPUUSDTM	+0.0100%	4h	94.830	+0.053%	$39K	$256K	20x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	94.800	+0.021%	$824	$798	10x	as long as short
Aevo ZHIPU-PERP	+0.0104%	1h	94.782	+0.003%	—	—	10x	as long as short
Aster ZHIPUUSDTshort	+0.0221%	8h	94.690	−0.095%	$54K	$33K	20x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZHIPUUSDT	+0.0412%	4h	94.780	0.000%	$21.9M	$55.7M	25x	as long as short
tradeXYZ xyz:ZHIPU	+0.0479%	1h	94.778	−0.002%	$26.6M	$6.9M	10x	as long as short
Bybit ZHIPUUSDT	+0.0565%	8h	94.910	+0.137%	$355K	$1.2M	25x	as long as short
Ondo Perps ZHIPU-USD.P	+0.0660%	1h	94.720	−0.063%	$32K	$19K	5x	as long as short
Bitget ZHIPUUSDT	+0.0854%	8h	94.860	+0.084%	$1.6M	$4.0M	20x	as long as short
edgeX ZHIPUUSDC	+0.1204%	4h	94.716	−0.067%	$20K	$151K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1265%	8h	94.870	+0.095%	$5.1M	$15.3M	25x	as long as short