Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7515 | +0.0141 | pay 0.0018% / 1h | 32m 33s | $560K | $927K | 5x | Long RISExInvite | |
| SHORT | 1.7546 | +0.0632 | get 0.0079% / 1h | 32m 33s | $70.0M | $22.2M | 5x | Short Hyperliquid4% off |
Price gap+0.178%
Funding gap+0.0491% /8h
Both sides work: funding pays +$15 a day on $10k, and the gap is 0.076% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18+0.0491% /8h now · paid −0.176% over the last 7D
Price+$8spread +0.178% now, avg +0.102% → +0.076% if it goes back
Costs−$260.257% of $10k · taker + slippage, in and out
Result−$36−0.36%+ Points / potential airdropHyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.176% in total, about −0.0084%/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+0.178%
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
5 ok · 1 to watch- OK: Fits both order books4.5 / 8.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $2,000RISEx 5x, Hyperliquid 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: +$14.73Long RISEx: 24 payments, −$4.23; short Hyperliquid: 24 payments, +$18.95.
- OK: Entry gap works for you+0.178% vs +0.102%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$560K vs $70.0M 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 legRISEx No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0084%/8h × 21 periods−$17.56
Price spread+0.178% → +0.102% (7d avg)+$7.63
Slippage, 4 orderslive order books−$10.70
Fee RISEx bp × 2 orders−$6.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$35.63
Costs to cover0.257%Break-evennever at this rate
Slippage: RISEx: live order book, 20 min ago; Hyperliquid: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx1.514.5 bp−$518.8 bp−$188doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid0.868.7 bp−$937.2 bp−$372200.5 bp−$20.0Kdoesn’t fit
Closing costs about the same again.
| 10-26 07:15 | AZverse | Listing | new market zro_usdt ($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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