Funding you earn now, next payment 01:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.014%
Price spread now: BloFin against Hyperliquid−0.212%87s7-day average −0.149% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)+0.235%+$24 · spread now −0.212%, 7d avg −0.149%
=Together, before fees+0.374%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.064% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.149%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEN | 7.8226 | 0.0231 | pay 0.0029% / 1h | 19m 49s | $2.5M | $1.8M | 5x |
| Short | BloFin ZEN-USDT | 7.8060 | 0.0220 | get 0.0220% / 8h | 7h 19m | $852K | $1.8M | 75x |
Hyperliquid ZEN
BloFin ZEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hyperliquid. 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
- −$2.22
- Price spread: −0.212% → −0.149%
- −$6.37
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.59
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; BloFin: live order book, 3 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 Hyperliquid live order book, 1 min ago | 1.98 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.28 bp | 14.7 bp −$15 | 25.8 bp −$258 | 97.9 bp −$9,793 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.8007 | −0.280% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0011% | 8h | 7.8012 | −0.273% | $52K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.8030 | −0.251% | $53K | $379K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.8037 | −0.241% | $11.3M | $31.3M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7910 | −0.404% | $4.7M | $6.1M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.8030 | −0.251% | $2.3M | $5.7M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.8100 | −0.161% | $12.5M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.8100 | −0.161% | $4.5M | $4.8M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.8010 | −0.276% | $2.9M | $3.4M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.8050 | −0.225% | — | $3.3M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7990 | −0.302% | $586K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.8070 | −0.199% | $27K | $689K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.8000 | −0.289% | $2K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.8040 | −0.238% | $22K | $121K | 5x | as long as short |
| BloFin ZEN-USDTshort | +0.0220% | 8h | 7.8060 | −0.212% | $852K | $1.8M | 75x | |
| Hyperliquid ZENlong | +0.0231% | 1h | 7.8226 | long leg | $2.5M | $1.8M | 5x | |
| Kraken Futures PF_ZENUSD | +0.2959% | 1h | 7.8417 | +0.244% | $513K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
Kraken Futures PF_ZENUSD