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

ZHIPU

RWAall ZHIPU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.007%
Price spread now: Gate against SunX0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2732.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.135%−$13 · spread now 0.000%, 7d avg +0.007%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZHIPU-USDT97.0100get 0.0000% / 4h2h 10m$2K$848K10x
ShortGate ZHIPU_USDT97.0100.0105get 0.0105% / 8h2h 10m$3.2M$12.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$22.05
Price spread: 0.000% → +0.007%
−$0.66
Slippage, 4 orders
−$249.66
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$251.27
Costs to cover
2.727%
Break-even
86.8 days
Slippage from SunX: live order book, 12 min ago; Gate: live order book, 3 min ago.

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, 12 min ago14.11 bp122.3 bp −$122doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.07 bp15.2 bp −$1547.7 bp −$47780.6 bp −$8,056doesn't fit

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%4h97.010long leg$2K$848K10x
SoDEX ZHIPU-USD+0.0050%1h96.780−0.237%$34K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h96.464−0.563%$44K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h96.870−0.144%$842$1K10xas long as short
Gate ZHIPU_USDTshort+0.0105%8h97.0100.000%$3.2M$12.5M50x
Aevo ZHIPU-PERP+0.0216%1h96.893−0.121%10xas long as short
Lighter ZHIPU+0.0520%1h96.730−0.289%$102K$20K10xas long as short
KuCoin ZHIPUUSDTM+0.0686%4h96.860−0.155%$39K$121K20xas long as short
Aster ZHIPUUSDT+0.0749%8h96.455−0.572%$53K$57K20xas long as short
Ondo Perps ZHIPU-USD.P+0.0834%1h96.790−0.227%$33K$25K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ZHIPU-USDT+0.0866%4h96.850−0.165%$22K$351K20xas long as short
Binance ZHIPUUSDT+0.0975%4h96.854−0.161%$23.0M$68.8M25xas long as short
tradeXYZ xyz:ZHIPU+0.1245%1h96.790−0.227%$27.3M$8.0M10xas long as short
Bybit ZHIPUUSDT+0.1398%8h96.950−0.062%$358K$1.5M25xas long as short
Bitget ZHIPUUSDT+0.1453%8h96.920−0.093%$1.7M$4.3M20xas long as short
OKX ZHIPU-USDT-SWAP+0.1865%8h96.970−0.041%$5.6M$18.7M25xas long as short
edgeX ZHIPUUSDC+0.1876%4h96.474−0.552%$21K$153K10xas long as short