Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%
Price spread now: ApeX Omni against Hyperliquid0.000%105s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now 0.000%, 7d avg −0.052%
=Together, before fees+0.030%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.052% dearer against Hyperliquid than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZRO | 1.1610 | 0.0100 | pay 0.0013% / 1h | 41m 49s | $36.8M | $5.5M | 5x |
| Short | ApeX Omni ZROUSDT | 1.1610 | 0.0100 | get 0.0013% / 1h | 41m 49s | $39K | $677K | 50x |
Hyperliquid ZRO
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0
- Price spread: 0.000% → −0.052%
- $5.2
- Slippage, 4 orders
- −$48.36
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$62.16
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; ApeX Omni: live order book, 7 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 Hyperliquid live order book, 11 min ago | 1.71 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 7 min ago | 8.58 bp | 18.5 bp −$19 | 107.8 bp −$1,078 | 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 | −0.0079% | 1h | 1.1595 | −0.129% | $93K | $218K | 20x | as long as short |
| dYdX ZRO-USD | +0.0016% | 1h | 1.1582 | −0.240% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0060% | 4h | 1.1597 | −0.112% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1616 | +0.052% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZROlong | +0.0100% | 1h | 1.1610 | long leg | $36.8M | $5.5M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1607 | −0.024% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1585 | −0.216% | $136K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1595 | −0.132% | $21.7M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1589 | −0.181% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1596 | −0.121% | $3.2M | $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 | 1.1590 | −0.172% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1596 | −0.121% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1589 | −0.181% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1595 | −0.129% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1594 | −0.138% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1609 | −0.005% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1610 | 0.000% | $39K | $677K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1591 | −0.164% | $101K | $820K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1603 | −0.057% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0122% | 4h | 1.1591 | −0.164% | $1.0M | $246K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0192% | 1h | 1.1591 | −0.162% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0208% | 1h | 1.1582 | −0.239% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1591 | −0.168% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0709% | 1h | 1.1607 | −0.025% | $253K | $337K | 25x | as long as short |
| Extended ZRO-USD | +0.1016% | 1h | 1.1593 | −0.146% | $796K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1640 | +0.258% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP