Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.043%
Price spread now: Extended against Hyperliquid−0.221%7-day average −0.164% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.221%, 7d avg −0.164%
=Together, before fees+0.066%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.058% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.164%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEN | 7.7890 | 0.0100 | pay 0.0013% / 1h | 58m 42s | $2.4M | $1.8M | 5x |
| Short | Extended ZEN-USD | 7.7718 | 0.0088 | get 0.0011% / 1h | 58m 42s | $25K | $113K | 5x |
Hyperliquid ZEN
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$2.52
- Price spread: −0.221% → −0.164%
- −$5.75
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.27
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: live order book, 12 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 Hyperliquid live order book, 2 min ago | 1.60 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 12 min ago | 3.36 bp | 21.4 bp −$21 | 162.0 bp −$1,620 | doesn't fit | doesn't fit |
ZEN on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0020% | 8h | 7.7715 | −0.225% | $52K | $85K | — | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7748 | −0.182% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0021% | 4h | 7.7670 | −0.282% | $2.3M | $5.8M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0053% | 8h | 7.7760 | −0.167% | $4.4M | $4.9M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0084% | 8h | 7.7740 | −0.193% | $12.5M | $5.3M | 200x | as long as short |
| Binance ZENUSDT | +0.0087% | 8h | 7.7721 | −0.217% | $11.2M | $31.6M | 75x | as long as short |
| Extended ZEN-USDshort | +0.0088% | 1h | 7.7718 | −0.221% | $25K | $113K | 5x | |
| Hyperliquid ZENlong | +0.0100% | 1h | 7.7890 | long leg | $2.4M | $1.8M | 5x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.7740 | −0.193% | $53K | $378K | 10x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7690 | −0.257% | $4.6M | $6.2M | 75x | as long as short |
Variational Omni ZEN
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
MEXC ZEN_USDT
Binance ZENUSDT
Aster ZENUSDT
Bybit ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZENUSDT | +0.0100% | 8h | 7.7740 | −0.193% | $2.9M | $3.5M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7730 | −0.205% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7779 | −0.143% | $587K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7810 | −0.103% | $27K | $686K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7720 | −0.218% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0205% | 8h | 7.7740 | −0.193% | $847K | $1.8M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2972% | 1h | 7.8073 | +0.235% | $511K | $1.0M | 25x | as long as short |
Bitget ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD