Funding you earn now, next payment 23:00 UTC+0.0536%/8h= +58.6% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against Binance+0.100%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.100%, 7d avg −0.007%
=Together, before fees−0.376%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hyperliquid is 0.107% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.317%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.317% in total (about -16.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.06021 | −0.0601 | get 0.0301% / 4h | 1h 49m | $8.4M | $304.3M | 50x |
| Short | Hyperliquid ZETA | 0.06027 | −0.0065 | pay 0.0008% / 1h | 49m 37s | $1.7M | $3.7M | 3x |
Binance ZETAUSDT
Hyperliquid ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $112.46
- Price spread: +0.100% → −0.007%
- $10.68
- Slippage, 4 orders
- −$67.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $36.28
- Costs to cover
- 0.869%
- Break-even
- 4.7 days
Slippage from Binance: live order book, 9 min ago; Hyperliquid: live order book, 2 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 Binance live order book, 9 min ago | 0.84 bp | 17.3 bp −$17 | 55.1 bp −$551 | 476.6 bp −$47.7K | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 4.13 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
ZETA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZETA_USDT | −0.0942% | 4h | 0.06016 | −0.083% | $604K | $9.5M | 25x | as long as short |
| Binance ZETAUSDTlong | −0.0601% | 4h | 0.06021 | long leg | $8.4M | $304.3M | 50x | |
| MEXC ZETA_USDT | −0.0592% | 4h | 0.06018 | −0.050% | $1.5M | $11.6M | 50x | as long as short |
| BloFin ZETA-USDT | −0.0559% | 4h | 0.06066 | +0.748% | $406K | $1.0M | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.0556% | 4h | 0.06029 | +0.133% | $1.2M | $5.1M | 20x | as long as short |
| BingX ZETA-USDT | −0.0554% | 4h | 0.06013 | −0.133% | — | $6.7M | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.0414% | 4h | 0.06017 | −0.066% | $1.1M | $46.3M | 20x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0264% | 1h | 0.06029 | +0.134% | $66K | $631K | 10x | as long as short |
| Variational Omni ZETA | −0.0247% | 4h | 0.06061 | +0.664% | $140K | $704K | — | as long as short |
| Bybit ZETAUSDT | −0.0078% | 4h | 0.06009 | −0.199% | $5.3M | $78.4M | 25x | as long as short |
Gate ZETA_USDT
MEXC ZETA_USDT
BloFin ZETA-USDT
KuCoin ZETAUSDTM
BingX ZETA-USDT
OKX ZETA-USDT-SWAP
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETAshort | −0.0065% | 1h | 0.06027 | +0.100% | $1.7M | $3.7M | 3x | |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +7.291% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06017 | −0.066% | $2.2M | $57.9M | 50x | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT