Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.062%
Price spread now: Polymarket Perps against Hyperliquid−0.096%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 7 days−0.381%−$38 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now −0.096%, 7d avg −0.053%
=Together, before fees−0.464%+ Points / potential airdropHyperliquid: Season 2 · farm board−$46 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: Polymarket Perps is 0.042% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEC | 1,465.1 | 0.0100 | pay 0.0013% / 1h | 32m 09s | $759.5M | $485.0M | 10x |
| Short | Polymarket Perps ZEC-USD | 1,463.7 | 0.0100 | get 0.0013% / 1h | 32m 09s | $344K | $1.9M | 10x |
Hyperliquid ZEC
Polymarket Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.096% → −0.053%
- −$4.23
- Slippage, 4 orders
- −$8.94
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$30.17
- Costs to cover
- 0.259%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Polymarket Perps: live order book, 2 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, 12 min ago | 0.68 bp | 5.4 bp −$5 | 6.0 bp −$60 | 11.7 bp −$1,167 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.71 bp | 7.7 bp −$8 | 10.6 bp −$106 | 29.0 bp −$2,904 | doesn't fit |
ZEC on 51 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3310% | 1h | 1,464 | −0.075% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,464.5 | −0.042% | $17.8M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0216% | 1h | 1,460.2 | −0.334% | $396K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,463.5 | −0.112% | $29.3M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.2 | −0.065% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0051% | 8h | 1,464.1 | −0.067% | $271.2M | $673.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0025% | 8h | 1,460.9 | −0.284% | $46.5M | $34.0M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,463.9 | −0.079% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.8 | −0.157% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,463.9 | −0.081% | $884K | $5.7M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,464.6 | −0.038% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464 | −0.074% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,463.9 | −0.085% | $292K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0013% | 1h | 1,463 | −0.143% | $430K | $821K | 50x | as long as short |
| Bulk ZEC-USD | +0.0030% | 1h | 1,466 | +0.062% | $905K | $27K | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0048% | 8h | 1,464 | −0.076% | $176.2M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0048% | 8h | 1,464.4 | −0.051% | $49.7M | $185.0M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,464.7 | −0.025% | $8K | $8K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0065% | 1h | 1,465.1 | −0.001% | $596K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464 | −0.078% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.9 | −0.083% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,464.5 | −0.041% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464 | −0.076% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,463.8 | −0.092% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEClong | +0.0100% | 1h | 1,465.1 | long leg | $759.5M | $485.0M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,464 | −0.072% | $15.6M | $33.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,464 | −0.075% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464.6 | −0.037% | $674.9M | $2.49B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.5 | −0.043% | $222.6M | $862.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.3 | −0.056% | $103.7M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.4 | −0.048% | $162.0M | $306.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,464.2 | −0.060% | — | $103.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.8 | −0.157% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.6 | −0.102% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.6 | −0.170% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USDshort | +0.0100% | 1h | 1,463.7 | −0.096% | $344K | $1.9M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.113% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.4 | −0.185% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466 | +0.061% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.2 | −0.062% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.8 | −0.160% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.8 | −0.023% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.5 | −0.043% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.5 | −0.040% | $37K | $367K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,465.8 | +0.049% | $19.0M | $52.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0183% | 1h | 1,464.9 | −0.011% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,464.7 | −0.025% | $842K | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,466.7 | +0.107% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.6 | +0.031% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,465.5 | +0.027% | $740K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0548% | 1h | 1,464.5 | −0.038% | $40K | $34K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Bulk ZEC-USD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD