Funding you earn now, next payment 04:00 UTC+0.1478%/8h= +161.8% APRpaid last 24h +0.075%
Price spread now: Hyperliquid against MEXC+0.093%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.093%, 7d avg −0.010%
=Together, before fees−0.291%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Hyperliquid is 0.103% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.278%, 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 -0.278% in total (about -14.5% 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 | MEXC ZETA_USDT | 0.06459 | −0.1384 | get 0.0692% / 4h | 51m 55s | $1.3M | $12.6M | 50x |
| Short | Hyperliquid ZETA | 0.06465 | 0.0094 | get 0.0012% / 1h | 51m 55s | $1.8M | $4.1M | 3x |
MEXC ZETA_USDT
Hyperliquid ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $310.33
- Price spread: +0.093% → −0.010%
- $10.31
- Slippage, 4 orders
- −$59.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $247.69
- Costs to cover
- 0.730%
- Break-even
- 1.4 days
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 10 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 MEXC live order book, 1 min ago | 1.54 bp | 7.9 bp −$8 | 64.8 bp −$648 | 135.0 bp −$13.5K | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 3.96 bp | 31.8 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.2174% | 1h | 0.06453 | −0.101% | $51K | $732K | 10x | as long as short |
| KuCoin ZETAUSDTM | −0.1596% | 4h | 0.06450 | −0.139% | $1.2M | $5.8M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.1542% | 4h | 0.06463 | +0.062% | $1.4M | $60.7M | 20x | as long as short |
| MEXC ZETA_USDTlong | −0.1384% | 4h | 0.06459 | long leg | $1.3M | $12.6M | 50x | |
| Binance ZETAUSDT | −0.1357% | 4h | 0.06477 | +0.282% | $9.4M | $364.0M | 50x | as long as short |
| BloFin ZETA-USDT | −0.1335% | 4h | 0.06446 | −0.201% | $440K | $1.4M | 50x | as long as short |
| Variational Omni ZETA | −0.1297% | 4h | 0.06386 | −1.123% | $122K | $768K | — | as long as short |
| Gate ZETA_USDT | −0.1098% | 4h | 0.06477 | +0.279% | $671K | $10.6M | 25x | as long as short |
| Bybit ZETAUSDT | −0.0855% | 4h | 0.06454 | −0.077% | $5.7M | $94.1M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +0.015% | $1K | $3K | 5.5x | as long as short |
Kraken Futures PF_ZETAUSD
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Binance ZETAUSDT
BloFin ZETA-USDT
Variational Omni ZETA
Gate ZETA_USDT
Bybit ZETAUSDT
Injective ZETA/USDC PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETAshort | +0.0094% | 1h | 0.06465 | +0.093% | $1.8M | $4.1M | 3x | |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06469 | +0.155% | $2.5M | $70.7M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.06471 | +0.186% | — | $7.9M | — | as long as short |
Bitget ZETAUSDT
BingX ZETA-USDT