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

ZHIPU

RWAall ZHIPU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0177%/8h= +19.4% APRpaid last 24h −0.141%
Price spread now: Aster against tradeXYZ+0.415%7-day average · you sell dearer than you buy
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−0.432%−$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.415% dearer against tradeXYZ than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.432%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ZHIPU94.0150.0525pay 0.0066% / 1h34m 02s$26.4M$6.9M10x
ShortAster ZHIPUUSDT94.4050.0703get 0.0703% / 8h7h 34m$53K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
$37.26
Price spread: +0.415% → 0.000%
$41.51
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
$52.77
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago1.43 bp15.8 bp −$16doesn'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
Bybit ZHIPUUSDT0.0000%8h94.050+0.037%$350K$1.2M25xas long as short
Gate ZHIPU_USDT0.0000%8h94.170+0.165%$3.2M$10.0M50xas long as short
SunX ZHIPU-USDT0.0000%4h94.170+0.165%$2K$405K10xas long as short
HTX ZHIPU-USDT0.0000%4h94.110+0.101%$20K$336K20xas long as short
SoDEX ZHIPU-USD+0.0050%1h94.100+0.090%$33K$3K10xas long as short
Nado ZHIPU-PERP+0.0100%1h94.044+0.031%$43K$12K3xas long as short
Orderly PERP_ZHIPU_USDC_mythos+0.0100%8h94.150+0.144%$818$79810xas long as short
Aevo ZHIPU-PERP+0.0200%1h94.114+0.106%10xas long as short
Lighter ZHIPU+0.0280%1h94.080+0.069%$99K$16K10xas long as short
tradeXYZ xyz:ZHIPUlong+0.0525%1h94.015long leg$26.4M$6.9M10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZHIPUUSDTshort+0.0703%8h94.405+0.415%$53K$33K20x
Ondo Perps ZHIPU-USD.P+0.0846%1h93.880−0.144%$32K$20K5xas long as short
KuCoin ZHIPUUSDTM+0.0908%4h94.140+0.133%$38K$167K20xas long as short
Binance ZHIPUUSDT+0.0983%4h94.012−0.003%$22.0M$55.7M25xas long as short
Bitget ZHIPUUSDT+0.1394%8h94.120+0.112%$1.6M$3.9M20xas long as short
edgeX ZHIPUUSDC+0.1493%4h94.461+0.474%$20K$151K10xas long as short
OKX ZHIPU-USDT-SWAP+0.1788%8h94.090+0.080%$5.1M$14.9M25xas long as short