Funding you earn now, next payment 06:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.104%
Price spread now: Hyperliquid against 01 Exchange−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1590 | 0.0136 | pay 0.0017% / 1h | 32m 24s | $4K | $5K | 5x |
| Short | Hyperliquid ZRO | 1.1588 | 0.0100 | get 0.0013% / 1h | 32m 24s | $36.8M | $5.5M | 5x |
01 Exchange ZROUSD
Hyperliquid ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against 01 Exchange. 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
- −$7.56
- Price spread: −0.018% → 0.000%
- −$1.81
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.37
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 2.15 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0010% | 1h | 1.1580 | −0.086% | $21K | $5K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0046% | 1h | 1.1577 | −0.113% | $93K | $218K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0063% | 4h | 1.1574 | −0.139% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1610 | +0.173% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZROshort | +0.0100% | 1h | 1.1588 | −0.018% | $36.8M | $5.5M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1600 | +0.089% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1588 | −0.015% | $136K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1585 | −0.048% | $21.7M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1574 | −0.139% | $17.7M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1576 | −0.122% | $3.2M | $7.7M | 20x | as long as short |
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
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 | 1.1580 | −0.087% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1587 | −0.027% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1585 | −0.044% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1584 | −0.053% | $2.6M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1582 | −0.070% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1599 | +0.074% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1650 | +0.517% | $39K | $678K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1591 | +0.008% | $101K | $816K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1590 | −0.001% | $20K | — | 3x | as long as short |
| 01 Exchange ZROUSDlong | +0.0136% | 1h | 1.1590 | long leg | $4K | $5K | 5x | |
| BloFin ZRO-USDT | +0.0146% | 4h | 1.1567 | −0.199% | $1.0M | $247K | 75x | as long as short |
| Nado ZRO-PERP | +0.0185% | 1h | 1.1578 | −0.102% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1581 | −0.078% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0710% | 1h | 1.1582 | −0.071% | $253K | $336K | 25x | as long as short |
| Extended ZRO-USD | +0.0920% | 1h | 1.1586 | −0.036% | $795K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1670 | +0.689% | $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
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP