Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Hyperliquid against Popdex+0.042%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 4 days (all we have)+0.095%+$9 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.042%, 7d avg +0.029%
=Together, before fees+0.075%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex ZECUSDT | 1,491.2 | 0.0096 | pay 0.0012% / 1h | 59m 03s | $171K | $1.8M | 50x |
| Short | Hyperliquid ZEC | 1,491.8 | 0.0100 | get 0.0013% / 1h | 59m 03s | $778.8M | $447.9M | 10x |
Popdex ZECUSDT
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Popdex. 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: +0.042% → +0.029%
- $1.26
- Slippage, 4 orders
- −$2.72
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.02
- Costs to cover
- 0.181%
- Break-even
- 140.5 days
Slippage from Popdex: live order book, just now; Hyperliquid: live order book, 5 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 Popdex live order book, just now | 0.40 bp | 4.3 bp −$4 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.33 bp | 4.8 bp −$5 | 5.7 bp −$57 | 12.8 bp −$1,280 | 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 | −0.3442% | 1h | 1,481 | −0.684% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,490.3 | −0.056% | $61K | $304K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0241% | 1h | 1,490.3 | −0.059% | $407K | $552K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.3 | +0.005% | $30.8M | $75.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,489.3 | −0.126% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0019% | 1h | 1,493 | +0.121% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,488.6 | −0.176% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,491.3 | +0.005% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,491.5 | +0.024% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,491.7 | +0.033% | $18.1M | $46.5M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | +0.0062% | 1h | 1,492.1 | +0.059% | $681K | $1.4M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0081% | 8h | 1,491.2 | −0.001% | $300K | $1.1M | 20x | as long as short |
| Bulk ZEC-USD | +0.0085% | 1h | 1,492.9 | +0.117% | $902K | $7K | 10x | as long as short |
| Popdex ZECUSDTlong | +0.0096% | 1h | 1,491.2 | long leg | $171K | $1.8M | 50x | |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,490.9 | −0.021% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,490.2 | −0.064% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,491.7 | +0.036% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,491.8 | +0.042% | $778.8M | $447.9M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,489.9 | −0.088% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,489.7 | −0.097% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.029% | $695.2M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,490.2 | −0.068% | $267.1M | $629.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,490.7 | −0.035% | $181.5M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,491 | −0.011% | $55.0M | $181.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,491.4 | +0.015% | $241.6M | $784.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,491.3 | +0.007% | $102.7M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,490.6 | −0.039% | $160.4M | $289.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,490 | −0.079% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,489.9 | −0.086% | $48.8M | $34.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,491.9 | +0.050% | $571K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,490 | −0.079% | $3.1M | $499K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,491.8 | +0.043% | $411K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,491.2 | +0.003% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,490.7 | −0.032% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,491.5 | +0.023% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.127% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,493.6 | +0.161% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,491.3 | +0.010% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,491 | −0.010% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,491.9 | +0.050% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.3 | +0.010% | $2.7M | $7.9M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,491.6 | +0.028% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,491.3 | +0.006% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,491.5 | +0.020% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,490.5 | −0.046% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0139% / S −0.0136% | 1h | 1,491.5 | +0.021% | $392K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0192% | 1h | 1,492.8 | +0.111% | $2.1M | $7.3M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,491.6 | +0.025% | $620K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,492.8 | +0.110% | $19.6M | $44.7M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0398% | 1h | 1,492.2 | +0.070% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,493.9 | +0.183% | $3.7M | $10.1M | 50x | as long as short |
Deribit ZEC_USDC-PERPETUAL
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX