Funding you earn now, next payment 21:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h +0.090%
Price spread now: Hyperliquid against MEXC+0.132%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$120.123% of the position
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 7 days−0.075%−$8 · spread now +0.132%, 7d avg +0.029%
=Together, before fees+0.281%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.102% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEC_USDT | 1,475.3 | 0.0071 | pay 0.0071% / 8h | 3h 28m | $234.3M | $931.9M | 150x |
| Short | Hyperliquid ZEC | 1,477.2 | 0.0100 | get 0.0013% / 1h | 28m 42s | $770.7M | $510.4M | 10x |
MEXC ZEC_USDT
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $6.09
- Price spread: +0.132% → +0.029%
- $10.23
- Slippage, 4 orders
- −$3.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $3.97
- Costs to cover
- 0.123%
- Break-even
- 2.4 days
Slippage from MEXC: live order book, 6 min ago; Hyperliquid: live order book, 6 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 MEXC live order book, 6 min ago | 0.03 bp | 0.0 bp $0 | 0.0 bp $0 | 0.5 bp −$50 | 53.0 bp −$26.5K |
| Sell Hyperliquid live order book, 6 min ago | 1.35 bp | 6.4 bp −$6 | 8.8 bp −$88 | 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 PERP | −0.3181% | 1h | 1,480.3 | +0.338% | $34K | $159K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0082% | 8h | 1,476.6 | +0.091% | $29.5M | $77.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0081% | 8h | 1,479.8 | +0.305% | $47.9M | $30.4M | — | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,476.7 | +0.100% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0061% | 8h | 1,474.9 | −0.023% | $278.7M | $686.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0052% | 1h | 1,476.5 | +0.086% | $18.0M | $44.8M | 25x | as long as short |
| ApeX Omni ZECUSDT | −0.0046% | 1h | 1,478.8 | +0.239% | $735K | $604K | 50x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0006% | 8h | 1,476.8 | +0.106% | $287K | $1.5M | 20x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.3 | 0.000% | $416K | $107K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,478.4 | +0.212% | $989K | $5.4M | 2.2x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Variational Omni ZEC
Hotstuff ZEC-PERP
Bybit ZECUSDT
Kraken Futures PF_ZECUSD
ApeX Omni ZECUSDT
Orderly PERP_ZEC_USDC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,476.7 | +0.097% | $84K | $416K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,477.2 | +0.130% | $589K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,476.8 | +0.106% | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0015% | 8h | 1,475.1 | −0.008% | $178.4M | $1.40B | 50x | as long as short |
| Aster ZECUSDT | +0.0042% | 8h | 1,476.3 | +0.073% | $15.2M | $34.6M | 75x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,481.5 | +0.420% | $4.7M | $1.5M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0056% | 1h | 1,478.3 | +0.206% | $401K | $538K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0057% / S +0.0052% | 1h | 1,476.5 | +0.087% | $579K | — | 100x | as long as short |
| Gate ZEC_USDT | +0.0067% | 8h | 1,476.3 | +0.069% | $51.0M | $185.1M | 75x | as long as short |
| MEXC ZEC_USDTlong | +0.0071% | 8h | 1,475.3 | long leg | $234.3M | $931.9M | 150x | |
| Binance ZECUSDT | +0.0071% | 8h | 1,475.8 | +0.034% | $676.4M | $2.57B | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0093% | 8h | 1,477 | +0.121% | $12K | $885K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0096% | 1h | 1,477.1 | +0.124% | $9K | $7K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,476.3 | +0.070% | $174K | $2.0M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0096% | 1h | 1,476.6 | +0.088% | $37K | $362K | 20x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,475.4 | +0.010% | $61K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476.5 | +0.082% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,477.2 | +0.132% | $770.7M | $510.4M | 10x | |
| Pacifica ZEC | +0.0100% | 1h | 1,476.2 | +0.065% | $1.6M | $3.2M | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.3 | +0.073% | $104.2M | $58.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.5 | +0.017% | $172.2M | $316.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,476.5 | +0.081% | — | $113.3M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.1 | +0.124% | $2.4M | $3.9M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,479.9 | +0.316% | $496K | $10.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,481.1 | +0.395% | $3.0M | $514K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.8 | +0.106% | $111K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,475.9 | +0.043% | $306K | $2.3M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476.5 | +0.084% | $129K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,475.1 | −0.012% | $449K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,481.3 | +0.409% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.3 | +0.071% | $224K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.8 | +0.107% | $2.4M | $26.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,476.6 | +0.088% | $3.7M | $5.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,481.7 | +0.437% | $914K | $30K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0138% | 1h | 1,477 | +0.116% | $870K | $2.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0160% | 1h | 1,477.4 | +0.142% | $1.5M | $7.6M | 10x | as long as short |
| Lighter ZEC | +0.0296% | 1h | 1,477.6 | +0.161% | $19.5M | $54.2M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,477.8 | +0.173% | $3.8M | $11.8M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0487% | 1h | 1,478.3 | +0.209% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0538% | 1h | 1,477.1 | +0.128% | $718K | $7.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0736% | 1h | 1,476.5 | +0.083% | $4.0M | $5.3M | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Phoenix ZEC
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]
Gate ZEC_USDT
Binance ZECUSDT
Katana Perps ZEC-USD
01 Exchange ZECUSD
Popdex ZECUSDT
Aevo ZEC-PERP
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Pacifica ZEC
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
RISEx ZEC/USDC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Extended ZEC-USD