Funding you earn now, next payment 23:00 UTC+0.3410%/8h= +373.4% APRnext payment +$4.26 per $10,000 · paid last 24h +0.487%
Price spread now: Hyperliquid against Injective+0.002%7-day average −0.072% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.411%+$241 on $10k
+Price spread, last 3 days (all we have)−0.713%−$71 · spread now +0.002%, 7d avg −0.072%
=Together, before fees+1.698%+ Points / potential airdropHyperliquid: Season 2 · farm board+$170 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$102 a day on $10k at the current rate, and Hyperliquid is 0.074% dearer against Injective than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ZEC/USDC PERP | 1,472.3 | −0.3310 | get 0.0414% / 1h | 0m 36s | $34K | $275K | 12x |
| Short | Hyperliquid ZEC | 1,472.3 | 0.0100 | get 0.0013% / 1h | 0m 36s | $764.1M | $479.3M | 10x |
Injective ZEC/USDC PERP
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. 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
- $716.04
- Price spread: +0.002% → −0.072%
- $7.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $714.41
- Costs to cover
- 0.090%
- Break-even
- 0.0 days
Slippage unknown: Injective: live order book, 18 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.
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 Injective live order book, 18 min ago | 64.22 bp | 489625.2 bp −$489.6K | 4953667.0 bp −$49.54M | 49304404.0 bp −$4930.44M | 245694928.0 bp −$122847.46M |
| Sell Hyperliquid live order book, 4 min ago | 0.34 bp | 5.2 bp −$5 | 6.7 bp −$67 | doesn't fit | doesn't fit |
ZEC on 51 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 PERPlong | −0.3310% | 1h | 1,472.3 | long leg | $34K | $275K | 12x | |
| Kraken Futures PF_ZECUSD | −0.0403% | 1h | 1,470.1 | −0.145% | $17.9M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0268% | 1h | 1,468.3 | −0.270% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0109% | 8h | 1,470.2 | −0.139% | $29.3M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471 | −0.089% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0079% | 8h | 1,470.4 | −0.125% | $272.4M | $666.1M | 75x | as long as short |
| Variational Omni ZEC | −0.0036% | 8h | 1,470.8 | −0.102% | $46.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.1 | −0.078% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.7 | −0.109% | $896K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.6 | −0.183% | $83K | $404K | 10x | as long as short |
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.1 | −0.145% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,469.8 | −0.167% | $294K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,470 | −0.155% | $365K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,470.6 | −0.113% | $178.7M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,470.8 | −0.101% | $50.2M | $187.8M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,470.9 | −0.094% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,473.5 | +0.084% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.2 | −0.211% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,471 | −0.085% | $12K | $828K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0097% | 1h | 1,470.7 | −0.103% | $598K | $1.3M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.9 | −0.091% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.6 | −0.181% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,472.3 | +0.002% | $764.1M | $479.3M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.9 | −0.092% | $15.6M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.7 | −0.038% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471 | −0.083% | $679.9M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.078% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471 | −0.090% | $222.2M | $873.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.1 | −0.081% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471 | −0.085% | $162.8M | $303.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470 | −0.157% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.9 | −0.094% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.8 | −0.030% | $3.0M | $482K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.1 | −0.079% | $431K | $827K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470 | −0.154% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.1 | −0.215% | $346K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.175% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.4 | −0.266% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472 | −0.018% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.9 | −0.164% | $226K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.222% | $2.5M | $23.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.6 | −0.111% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.3 | −0.069% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.2 | −0.206% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,472.8 | +0.036% | $19.1M | $52.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,471.4 | −0.057% | $834K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0211% | 1h | 1,471.4 | −0.058% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,473.3 | +0.068% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,471.8 | −0.032% | $3.8M | $11.5M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,472.1 | −0.012% | $719K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0611% | 1h | 1,471.1 | −0.079% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
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
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD