Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%
Price spread now: Hyperliquid against OKX+0.069%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.069%, 7d avg +0.077%
=Together, before fees+0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRO-USDT-SWAP | 1.1659 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $3.2M | $7.9M | 20x |
| Short | Hyperliquid ZRO | 1.1667 | 0.0100 | get 0.0013% / 1h | 55m 05s | $36.9M | $5.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against OKX. 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: +0.069% → +0.077%
- −$0.86
- Slippage, 4 orders
- −$43.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$63.28
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Hyperliquid: live order book, 8 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 OKX live order book, 3 min ago | 3.41 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.27 bp | 14.1 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0240% | 1h | 1.1643 | −0.138% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1658 | −0.007% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0008% | 4h | 1.1652 | −0.060% | $20K | $6K | 10x | as long as short |
| ApeX Omni ZROUSDT | +0.0074% | 1h | 1.1730 | +0.609% | $37K | $685K | 50x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1669 | +0.087% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZROshort | +0.0100% | 1h | 1.1667 | +0.069% | $36.9M | $5.6M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1661 | +0.018% | $156K | $148K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1669 | +0.086% | $135K | $169K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1651 | −0.069% | $21.9M | $30.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1642 | −0.146% | $17.8M | $14.1M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPlong | +0.0100% | 4h | 1.1659 | long leg | $3.2M | $7.9M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | −0.077% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1648 | −0.094% | $18.9M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1651 | −0.069% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1655 | −0.034% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1654 | −0.043% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1658 | −0.009% | $99K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1637 | −0.191% | $2.3M | $842K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1656 | −0.026% | $91K | $843K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1644 | −0.130% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0131% | 4h | 1.1671 | +0.103% | $1.1M | $251K | 75x | as long as short |
| Nado ZRO-PERP | +0.0266% | 1h | 1.1648 | −0.093% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1651 | −0.066% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0373% | 1h | 1.1664 | +0.043% | $250K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.1064% | 1h | 1.1648 | −0.099% | $780K | $593K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1690 | +0.266% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Hyperliquid ZRO
01 Exchange ZROUSD
ApeX Omni ZROUSDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP