Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7308 | +0.0535 | pay 0.0067% / 1h | 52m 50s | $69.0M | $21.4M | 5x | Long Hyperliquid4% off | |
| SHORT | 1.7283 | +0.0269 | get 0.0034% / 1h | 52m 50s | $553K | $920K | 5x | Short RISExInvite |
Price gap−0.145%
Funding gap−0.0266% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.043% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$17−0.0266% /8h now · paid +0.172% over the last 7D
Price−$4spread −0.145% now, avg −0.102% → −0.043% if it goes back
Costs−$270.272% of $10k · taker + slippage, in and out
Result−$14−0.14%+ Points / potential airdropHyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.172% in total, about +0.0082%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZRO on 31 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books10.9 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $2,000Hyperliquid 5x, RISEx 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$7.97Long Hyperliquid: 24 payments, −$16.05; short RISEx: 24 payments, +$8.08.
- Watch: Gap narrower than usual−0.145% vs −0.102%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$553K vs $69.0M OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0082%/8h × 21 periods+$17.21
Price spread−0.145% → −0.102% (7d avg)−$4.30
Slippage, 4 orderslive order books−$12.15
Fee Hyperliquid bp × 2 orders−$9.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$14.24
Costs to cover0.272%Break-even12.8 days
Slippage: Hyperliquid: live order book, 10 min ago; RISEx: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.5710.9 bp−$1141.7 bp−$417166.1 bp−$16.6Kdoesn’t fit
SELL · SHORTRISEx1.514.5 bp−$524.1 bp−$241doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-26 07:15 | AZverse | Listing | new market zro_usdt ($ZRO) seen by our collector |
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| 10-19 19:00 | RISEx | Other | The Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗ |
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| 10-15 07:23 | RISEx | Listing | new market ZRO/USDC ($ZRO) seen by our collector |


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