Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Hyperliquid against BingX+0.232%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.232%, 7d avg +0.074%
=Together, before fees−0.132%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.158% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.7550 | 0.0100 | pay 0.0100% / 8h | 7h 49m | — | $3.3M | — |
| Short | Hyperliquid ZEN | 7.7730 | 0.0100 | get 0.0013% / 1h | 49m 40s | $2.4M | $1.8M | 5x |
BingX ZEN-USDT
Hyperliquid ZENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- Price spread: +0.232% → +0.074%
- $15.85
- Slippage, 4 orders
- −$38.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.44
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Hyperliquid: live order book, 1 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 BingX live order book, 5 min ago | 3.22 bp | 14.8 bp −$15 | 35.2 bp −$352 | 306.0 bp −$30.6K | 473.5 bp −$236.8K |
| Sell Hyperliquid live order book, 1 min ago | 2.25 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ZEN on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | −0.0022% | 8h | 7.7510 | −0.052% | $4.6M | $6.2M | 75x | as long as short |
| Variational Omni ZEN | −0.0005% | 8h | 7.7563 | +0.017% | $52K | $85K | — | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7594 | +0.056% | $9K | — | 5x | as long as short |
| ApeX Omni ZENUSDT | +0.0017% | 1h | 7.7720 | +0.219% | $27K | $685K | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0036% | 4h | 7.7520 | −0.039% | $2.3M | $5.7M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0067% | 8h | 7.7600 | +0.064% | $4.4M | $4.9M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0087% | 8h | 7.7580 | +0.039% | $12.5M | $5.3M | 200x | as long as short |
| Binance ZENUSDT | +0.0087% | 8h | 7.7590 | +0.052% | $11.2M | $31.6M | 75x | as long as short |
| Extended ZEN-USD | +0.0088% | 1h | 7.7572 | +0.028% | $24K | $119K | 5x | as long as short |
| Hyperliquid ZENshort | +0.0100% | 1h | 7.7730 | +0.232% | $2.4M | $1.8M | 5x |
Bybit ZENUSDT
Variational Omni ZEN
dYdX ZEN-USD
ApeX Omni ZENUSDT
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
MEXC ZEN_USDT
Binance ZENUSDT
Extended ZEN-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZENUSDT | +0.0100% | 8h | 7.7610 | +0.077% | $52K | $378K | 10x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7570 | +0.026% | $2.9M | $3.5M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.7550 | long leg | — | $3.3M | — | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7801 | +0.324% | $581K | $1.7M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7550 | 0.000% | $1K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0208% | 8h | 7.7630 | +0.103% | $848K | $1.8M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2982% | 1h | 7.7812 | +0.338% | $509K | $1.0M | 25x | as long as short |
Aster ZENUSDT
Bitget ZENUSDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD