Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.078%
Price spread now: KuCoin against Hyperliquid−0.063%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 7 days+0.211%+$21 · spread now −0.063%, 7d avg −0.021%
=Together, before fees+0.002%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.042% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEN | 7.7359 | 0.0100 | pay 0.0013% / 1h | 42m 30s | $2.4M | $1.3M | 5x |
| Short | KuCoin ZENUSDTM | 7.7310 | 0.0056 | get 0.0056% / 8h | 1h 42m | $4.1M | $4.1M | 50x |
Hyperliquid ZEN
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.24
- Price spread: −0.063% → −0.021%
- −$4.22
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$34.46
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 5 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, 8 min ago | 2.00 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.53 bp | 39.2 bp −$39 | 80.7 bp −$807 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7393 | +0.044% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0053% | 4h | 7.7250 | −0.141% | $2.3M | $5.4M | 50x | as long as short |
| KuCoin ZENUSDTMshort | +0.0056% | 8h | 7.7310 | −0.063% | $4.1M | $4.1M | 50x | |
| Hyperliquid ZENlong | +0.0100% | 1h | 7.7359 | long leg | $2.4M | $1.3M | 5x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.7275 | −0.108% | $44K | $393K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7275 | −0.108% | $11.2M | $30.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7170 | −0.244% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7200 | −0.206% | $11.9M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7150 | −0.270% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7250 | −0.141% | — | $3.1M | — | as long as short |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7271 | −0.113% | $55K | $83K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7271 | −0.114% | $575K | $2.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7500 | +0.182% | $27K | $674K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7410 | +0.066% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7170 | −0.244% | $22K | $129K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7450 | +0.118% | $834K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2842% | 1h | 7.7588 | +0.297% | $496K | $1.0M | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD