Funding you earn now, next payment 22:00 UTC+0.0253%/8h= +27.7% APRnext payment +$0.32 per $10,000 · paid last 24h +0.003%
Price spread now: Hyperliquid against Extended+0.159%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.159%, 7d avg +0.153%
=Together, before fees+0.028%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.153%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 per $10,000. 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 | Extended ZORA-USD | 0.008391 | 0.0104 | pay 0.0013% / 1h | 16m 07s | $6K | $169K | 5x |
| Short | Hyperliquid ZORA | 0.008404 | 0.0357 | get 0.0045% / 1h | 16m 07s | $1.6M | $318K | 3x |
Extended ZORA-USD
Hyperliquid ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- $53.07
- Price spread: +0.159% → +0.153%
- $0.53
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $39.6
- Costs to cover
- 0.140%
- Break-even
- 1.8 days
Slippage unknown: Extended: live order book, 5 min ago; Hyperliquid: live order book, 4 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 Extended live order book, 5 min ago | 4.77 bp | 50.9 bp −$51 | 320.9 bp −$3,209 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 1.19 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZORA 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 ZORA-USD | 0.0000% | 1h | 0.008396 | +0.061% | $309 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008386 | −0.056% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008375 | −0.187% | $22K | $11K | 3x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008388 | −0.031% | $125K | $26K | — | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008396 | +0.058% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008391 | +0.004% | $2.5M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008381 | −0.115% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008382 | −0.103% | $765K | $968K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008390 | −0.008% | $154K | $73K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008390 | −0.008% | $9.8M | $230K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Variational Omni ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008396 | +0.063% | $738K | $1.1M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008395 | +0.051% | $733K | $207K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008390 | −0.008% | $33K | $119K | 10x | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008570 | +2.137% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USDlong | +0.0104% | 1h | 0.008391 | long leg | $6K | $169K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008388 | −0.032% | $1K | — | 100x | as long as short |
| Hyperliquid ZORAshort | +0.0357% | 1h | 0.008404 | +0.159% | $1.6M | $318K | 3x |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]