Settings8H · net · $10k
Funding arb · Price arb /

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0924%/8h= +101.1% APRpaid last 24h 0.000%
Price spread now: Aster against SunX−0.138%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 daysno 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 0.138% cheaper against SunX than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 12 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.062% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZHIPU-USDT96.2500get 0.0000% / 4h57m 49s$1K$755K10x
ShortAster ZHIPUUSDT96.1170.0924get 0.0924% / 8h57m 49s$53K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$193.94
Price spread: −0.138% → 0.000%
−$13.8
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$164.14
Costs to cover
0.160%
Break-even
1.1 days
Slippage unknown: SunX: live order book, 15 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 15 min ago31.12 bp109.3 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZHIPU-USDTlong0.0000%4h96.250long leg$1K$755K10x
SoDEX ZHIPU-USD+0.0050%1h96.120−0.135%$34K$3K10xas long as short
Lighter ZHIPU+0.0056%1h95.750−0.519%$101K$16K10xas long as short
Nado ZHIPU-PERP+0.0100%1h95.932−0.331%$44K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.080−0.177%$835$1K10xas long as short
Gate ZHIPU_USDT+0.0215%8h95.980−0.281%$3.2M$9.7M50xas long as short
Ondo Perps ZHIPU-USD.P+0.0234%1h96.2500.000%$33K$23K5xas long as short
Aevo ZHIPU-PERP+0.0240%1h96.149−0.105%10xas long as short
HTX ZHIPU-USDT+0.0764%4h96.150−0.104%$20K$355K20xas long as short
Aster ZHIPUUSDTshort+0.0924%8h96.117−0.138%$53K$52K20x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZHIPU+0.0931%1h95.742−0.528%$27.0M$7.8M10xas long as short
KuCoin ZHIPUUSDTM+0.1030%4h96.090−0.166%$38K$118K20xas long as short
Binance ZHIPUUSDT+0.1091%4h95.840−0.426%$22.6M$66.6M25xas long as short
Bybit ZHIPUUSDT+0.1427%8h95.860−0.405%$360K$1.5M25xas long as short
Bitget ZHIPUUSDT+0.1603%8h95.830−0.436%$1.7M$4.3M20xas long as short
edgeX ZHIPUUSDC+0.1913%4h96.219−0.032%$20K$154K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1968%8h95.910−0.353%$5.3M$18.9M25xas long as short