Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against Paradex+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.035% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ZEC-USD-PERP | 1,459.9 | 0.0100 | pay 0.0100% / 8h | 5h 43m | $60K | $43K | 10x |
| Short | Hyperliquid ZEC | 1,460.5 | 0.0100 | get 0.0013% / 1h | 43m 17s | $760.9M | $432.9M | 10x |
Paradex ZEC-USD-PERP
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $0.04
- Price spread: +0.035% → 0.000%
- $3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$9.48
- Costs to cover
- 0.130%
- Break-even
- 1616.4 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 11 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 0.34 bp | 5.1 bp −$5 | 7.0 bp −$70 | doesn't fit | doesn't fit |
Paradex: 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.
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 | −0.3244% | 1h | 1,462 | +0.138% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.5 | +0.108% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,462.3 | +0.159% | $29.7M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.8 | +0.059% | $411K | $46K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,461.4 | +0.102% | $963K | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,459.3 | −0.047% | $83K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.6 | −0.023% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0037% | 8h | 1,459.8 | −0.009% | $292K | $977K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0009% | 1h | 1,459.8 | −0.008% | $378K | — | 100x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0064% | 1h | 1,459.8 | −0.010% | $396K | $433K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Ondo Perps ZEC-USD.PShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | −0.023% | $4.6M | $1.4M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0084% | 1h | 1,460.7 | +0.051% | $608K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.4 | −0.034% | $173K | $1.8M | 50x | as long as short |
| Variational Omni ZEC | +0.0098% | 8h | 1,459.8 | −0.007% | $47.4M | $31.8M | — | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,459.8 | −0.007% | $19K | $835K | 10x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,459.9 | long leg | $60K | $43K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.4 | −0.037% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,460.5 | +0.035% | $760.9M | $432.9M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.021% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.7 | +0.053% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,459.4 | −0.036% | $672.8M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.021% | $269.9M | $605.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.2 | +0.014% | $179.8M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | −0.089% | $886K | $16K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,459.7 | −0.019% | $49.9M | $170.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459.4 | −0.041% | $214.8M | $770.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,459.2 | −0.049% | $102.6M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.1 | +0.009% | $162.0M | $275.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459 | −0.068% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,461 | +0.070% | $2.4M | $3.8M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.5 | +0.109% | $569K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.3 | −0.043% | $3.0M | $418K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.5 | +0.107% | $421K | $883K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.8 | +0.058% | $70K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459 | −0.065% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,459.3 | −0.045% | $126K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.7 | −0.084% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,461.6 | +0.111% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.2 | +0.014% | $241K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,460.2 | +0.016% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.9 | +0.068% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.1 | +0.009% | $2.8M | $7.7M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,460 | +0.001% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.8 | −0.008% | $48K | $155K | 20x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,461.8 | +0.125% | $19.1M | $45.9M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0195% | 1h | 1,460 | +0.007% | $18.0M | $43.7M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,461.8 | +0.130% | $705K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,461.9 | +0.131% | $2.1M | $6.8M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,459.7 | −0.018% | $834K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,462.7 | +0.190% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0716% | 1h | 1,462.1 | +0.147% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Variational Omni ZEC
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
01 Exchange ZECUSD
Aevo ZEC-PERP
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD