Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,328.4 | +0.0189 | pay 0.0024% / 1h | 38m 20s | $624.8M | $199.1M | 10x | Long Hyperliquid4% off | |
| SHORT | 1,326.2 | +0.0100 | get 0.0013% / 1h | 38m 20s | $3.7M | $1.7M | 50x | Short TxFlow5% off |
Price gap−0.165%
Funding gap−0.0089% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0089% /8h now · paid 0.000% over the last 4 hours (all we have)
Price+$2spread −0.165% now, avg −0.182% → +0.017% if it goes back
Costs−$200.196% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropHyperliquid: Season 2 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.165%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZEC on 51 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books4.9 / 5.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Hyperliquid 10x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$2.67Long Hyperliquid: 24 payments, −$5.67; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level−0.165% vs −0.182%The price leg adds little either way.
- Watch: Short leg is thinner$3.7M vs $624.8M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−0.165% → −0.182% (7d avg)+$1.71
Slippage, 4 orderslive order books−$1.64
Fee Hyperliquid bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$17.94
Costs to cover0.196%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 6 min ago; TxFlow: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.384.9 bp−$56.8 bp−$6815.0 bp−$1,49927.9 bp−$14.0K
SELL · SHORTTxFlow0.045.3 bp−$57.6 bp−$7624.6 bp−$2,46396.5 bp−$48.3K
Closing costs about the same again.
| 10-01 22:40 | Aevo | Other | September ended with near:native and zcash:native among the market’s strongest movers, but October has opened with both pulling back. NEAR is down around 9% today, while ZEC is down almost 7%, turning last week’s continuation trade into a choice between buying the pullback and shorting the reversal. Both remain Perp Majors on Aevo this week, so either trade can build qualifying volume toward the year-end USDC reward. @aevoxyz on X ↗ |
| 10-01 17:59 | coinbase | Other | Things you can do on Coinbase now that you couldn't in August: - Request IPO shares - Ask @Grok to trade for you - Trade Cashtags right from X - Use prediction markets on @CoinbaseWallet - Borrow against HYPE and ZEC - And 𝘮𝘰𝘳𝘦 Here's what happened @Coinbase in September ↓ @coinbase on X ↗ |
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-29 15:00 | coinbase | Other | Assets you swore you'd never sell: - HYPE - ZEC Assets you can now instantly borrow up to $100k against instead of selling: - HYPE - ZEC Guess that works out. @coinbase on X ↗ |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 03:35 | HTX | Other | 10 Trades. 3 to Watch 👀 $BTC → 7 straight days of ETF inflows $ZEC → Open interest remains elevated $AAPL → Trade consensus + Apple Duo released Which one are you watching? Trade the action 24/7 on @HTXFutures @HTX_Global on X ↗ |

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