Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h —

Price spread now: Aevo against SunX−0.004%57s7-day average — · you buy dearer than you sell

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

Long on SunX 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: +$6 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZHIPU-USDT	96.010	0	get 0.0000% / 4h	3h 14m	$2K	$847K	10x
Short	Aevo ZHIPU-PERP	96.006	0.0200	get 0.0025% / 1h	14m 18s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now −0.004%Rate

Funding earned: $42
Price spread: −0.004% → 0.000%: −$0.39
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: $17.61
Costs to cover: 0.240%
Break-even: 4.1 days

Slippage unknown: SunX: live order book, 18 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 SunX live order book, 18 min ago	31.14 bp	110.2 bp −$110	doesn't fit	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-USDTlong	0.0000%	4h	96.010	long leg	$2K	$847K	10x
Lighter ZHIPU	+0.0032%	1h	96.130	+0.125%	$101K	$20K	10x	as long as short
SoDEX ZHIPU-USD	+0.0050%	1h	96.020	+0.010%	$34K	$3K	10x	as long as short
Gate ZHIPU_USDT	+0.0053%	8h	96.140	+0.135%	$2.9M	$11.9M	50x	as long as short
HTX ZHIPU-USDT	+0.0086%	4h	96.090	+0.083%	$19K	$336K	20x	as long as short
Nado ZHIPU-PERP	+0.0100%	1h	96.046	+0.037%	$27K	$4K	3x	as long as short
Orderly PERP_ZHIPU_USDC_mythos	+0.0100%	8h	96.020	+0.010%	$566	$798	10x	as long as short
Aevo ZHIPU-PERPshort	+0.0200%	1h	96.006	−0.004%	—	—	10x
Aster ZHIPUUSDT	+0.0485%	8h	96.014	+0.004%	$50K	$51K	20x	as long as short
KuCoin ZHIPUUSDTM	+0.0688%	4h	96.050	+0.042%	$39K	$122K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZHIPU-USD.P	+0.0784%	1h	96.030	+0.021%	$36K	$20K	5x	as long as short
tradeXYZ xyz:ZHIPU	+0.0864%	1h	96.040	+0.031%	$26.9M	$7.2M	10x	as long as short
Binance ZHIPUUSDT	+0.0975%	4h	96.064	+0.056%	$22.5M	$63.5M	25x	as long as short
Bitget ZHIPUUSDT	+0.1315%	8h	96.160	+0.156%	$1.8M	$4.1M	20x	as long as short
Bybit ZHIPUUSDT	+0.1376%	8h	96.100	+0.094%	$266K	$1.4M	25x	as long as short
edgeX ZHIPUUSDC	+0.1675%	4h	96.068	+0.061%	$19K	$151K	10x	as long as short
OKX ZHIPU-USDT-SWAP	+0.1707%	8h	96.200	+0.198%	$5.7M	$17.1M	25x	as long as short