Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Hyperliquid against Aevo+0.088%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 3 days (all we have)−0.336%−$34 · spread now +0.088%, 7d avg +0.014%
=Together, before fees−0.148%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.074% dearer against Aevo than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,472.1 | 0.0104 | pay 0.0013% / 1h | 33m 18s | $48K | $167K | 20x |
| Short | Hyperliquid ZEC | 1,473.4 | 0.0100 | get 0.0013% / 1h | 33m 18s | $766.6M | $443.9M | 10x |
Aevo ZEC-PERP
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.088% → +0.014%
- $7.36
- Slippage, 4 orders
- −$17.38
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$35.85
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 35 min ago; Hyperliquid: live order book, 11 min ago.
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 Aevo live order book, 35 min ago | 3.23 bp | 15.5 bp −$16 | 26.3 bp −$263 | 39.7 bp −$3,972 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.34 bp | 4.8 bp −$5 | 7.6 bp −$76 | doesn't fit | doesn't fit |
ZEC on 50 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3678% | 1h | 1,471.7 | −0.025% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.1 | 0.000% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0041% | 1h | 1,469.9 | −0.150% | $399K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,472.6 | +0.032% | $18.0M | $43.6M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | −0.076% | $414K | $56K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.6 | −0.034% | $974K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472 | −0.008% | $84K | $258K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.3 | +0.014% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,472.4 | +0.022% | $294K | $1.1M | 20x | as long as short |
| Variational Omni ZEC | +0.0033% | 8h | 1,470.4 | −0.114% | $47.9M | $33.3M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Variational Omni ZECShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,472.4 | +0.018% | $385K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,472.4 | +0.021% | $8K | $9K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,471.2 | −0.061% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0092% | 8h | 1,472.5 | +0.030% | $181.2M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.6 | −0.035% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.3 | −0.052% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.7 | −0.027% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472 | −0.010% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,473.4 | +0.088% | $766.6M | $443.9M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.6 | +0.031% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.9 | −0.012% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.5 | +0.027% | $680.2M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,471.9 | −0.016% | $271.6M | $627.6M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.110% | $893K | $19K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.5 | +0.027% | $50.0M | $175.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.4 | +0.019% | $216.5M | $797.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.4 | +0.023% | $103.6M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.6 | +0.036% | $163.5M | $285.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,471.6 | −0.034% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.3 | −0.058% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.9 | +0.055% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.9 | −0.016% | $428K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.9 | −0.017% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.1 | 0.000% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.4 | +0.020% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471 | −0.076% | $458K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474 | +0.130% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.5 | +0.026% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,472.4 | +0.021% | $2.5M | $19.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.6 | +0.034% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.3 | +0.012% | $3.1M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,472.1 | long leg | $48K | $167K | 20x | |
| Arcus ZEC-USD | +0.0254% | 1h | 1,473 | +0.063% | $687K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,473.9 | +0.119% | $19.2M | $48.1M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0287% | 1h | 1,473.2 | +0.076% | $606K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,474.1 | +0.136% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,472.4 | +0.021% | $864K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,473.8 | +0.115% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0511% | 1h | 1,472.8 | +0.048% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0726% | 1h | 1,471.9 | −0.017% | $44K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Arcus ZEC-USD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD