ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0453%/8h= +49.6% APRnext payment +$0.57 per $10,000 · paid last 24h +0.055%

Price spread now: Hyperliquid against dYdX+0.289%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.289% dearer against dYdX than usual: you sell high and buy low: +$29 more if the spread 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	dYdX ZEN-USD	7.7965	0	get 0.0000% / 1h	34m 16s	$9K	—	5x
Short	Hyperliquid ZEN	7.8191	0.0453	get 0.0057% / 1h	34m 16s	$2.5M	$1.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.289%Rate

Funding earned: $95.15
Price spread: +0.289% → 0.000%: $28.95
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $105.1
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 7 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 dYdX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	1.34 bp	16.8 bp −$17	doesn't fit	doesn't fit	doesn't fit

dYdX: 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.

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
Variational Omni ZEN	−0.0033%	8h	7.7836	−0.166%	$52K	$85K	—	as long as short
dYdX ZEN-USDlong	0.0000%	1h	7.7965	long leg	$9K	—	5x
KuCoin ZENUSDTM	+0.0012%	8h	7.7940	−0.032%	$4.5M	$5.0M	50x	as long as short
OKX ZEN-USDT-SWAP	+0.0015%	4h	7.7890	−0.097%	$2.3M	$5.9M	50x	as long as short
MEXC ZEN_USDT	+0.0063%	8h	7.7970	+0.006%	$12.6M	$5.4M	200x	as long as short
Binance ZENUSDT	+0.0064%	8h	7.7964	−0.001%	$11.3M	$31.6M	75x	as long as short
Extended ZEN-USD	+0.0064%	1h	7.7953	−0.016%	$26K	$118K	5x	as long as short
Bybit ZENUSDT	+0.0067%	8h	7.7850	−0.148%	$4.7M	$6.3M	75x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7936	−0.037%	$53K	$375K	10x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7900	−0.084%	$2.9M	$3.5M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZEN-USDT	+0.0100%	8h	7.7930	−0.045%	—	$3.4M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7921	−0.056%	$581K	$1.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7950	−0.020%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.8000	+0.044%	$1K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0184%	8h	7.7860	−0.135%	$845K	$1.8M	75x	as long as short
Hyperliquid ZENshort	+0.0453%	1h	7.8191	+0.289%	$2.5M	$1.8M	5x
Kraken Futures PF_ZENUSD	+0.2633%	1h	7.8301	+0.430%	$512K	$1.0M	25x	as long as short