Funding you earn now, next payment 06:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against BloFin+0.086%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.086%, 7d avg +0.097%
=Together, before fees+0.213%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.097%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1591 | 0.0122 | pay 0.0061% / 4h | 2h 42m | $1.0M | $246K | 75x |
| Short | Hyperliquid ZRO | 1.1601 | 0.0100 | get 0.0013% / 1h | 42m 29s | $36.8M | $5.5M | 5x |
BloFin ZRO-USDT
Hyperliquid ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- −$4.63
- Price spread: +0.086% → +0.097%
- −$1.12
- Slippage, 4 orders
- −$31.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$58.38
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: live order book, 11 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 BloFin live order book, 5 min ago | 0.86 bp | 19.3 bp −$19 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.71 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack ZRO_USDC_PERP | −0.0051% | 1h | 1.1587 | −0.035% | $93K | $218K | 20x | as long as short |
| dYdX ZRO-USD | +0.0016% | 1h | 1.1582 | −0.076% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0059% | 4h | 1.1586 | −0.043% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1608 | +0.149% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZROshort | +0.0100% | 1h | 1.1601 | +0.086% | $36.8M | $5.5M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1591 | 0.000% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1585 | −0.052% | $136K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1581 | −0.083% | $21.6M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1581 | −0.086% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1585 | −0.052% | $3.1M | $7.7M | 20x | as long as short |
Backpack ZRO_USDC_PERP
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1570 | −0.181% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1581 | −0.086% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1586 | −0.043% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1587 | −0.035% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1580 | −0.095% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1609 | +0.159% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1610 | +0.164% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1591 | 0.000% | $101K | $820K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1585 | −0.052% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0122% | 4h | 1.1591 | long leg | $1.0M | $246K | 75x | |
| 01 Exchange ZROUSD | +0.0192% | 1h | 1.1591 | +0.002% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0208% | 1h | 1.1582 | −0.075% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1581 | −0.089% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0709% | 1h | 1.1594 | +0.030% | $253K | $337K | 25x | as long as short |
| Extended ZRO-USD | +0.1008% | 1h | 1.1582 | −0.079% | $796K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1640 | +0.423% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP