Funding you earn now, next payment 11:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.068%
Price spread now: KuCoin against Hyperliquid−0.137%7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days+0.280%+$28 · spread now −0.137%, 7d avg −0.028%
=Together, before fees+0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEN | 7.6445 | 0.0100 | pay 0.0013% / 1h | 52m 18s | $2.4M | $1.0M | 5x |
| Short | KuCoin ZENUSDTM | 7.6340 | −0.0001 | pay 0.0001% / 8h | 5h 52m | $4.1M | $3.5M | 50x |
Hyperliquid ZEN
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21.21
- Price spread: −0.137% → −0.028%
- −$10.97
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.18
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 3 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 | 0.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.96 bp | 36.8 bp −$37 | 86.7 bp −$867 | doesn't fit | doesn't fit |
ZEN on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZENUSDTMshort | −0.0001% | 8h | 7.6340 | −0.137% | $4.1M | $3.5M | 50x | |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6470 | +0.033% | $9K | — | 5x | as long as short |
| ApeX Omni ZENUSDT | +0.0004% | 1h | 7.6470 | +0.033% | $26K | $665K | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0073% | 4h | 7.6280 | −0.216% | $2.2M | $4.8M | 50x | as long as short |
| Hyperliquid ZENlong | +0.0100% | 1h | 7.6445 | long leg | $2.4M | $1.0M | 5x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6300 | −0.190% | $36K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6270 | −0.229% | $10.9M | $28.0M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6250 | −0.255% | $4.5M | $4.8M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6320 | −0.164% | $12.0M | $4.8M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6420 | −0.033% | $2.8M | $2.8M | 50x | as long as short |
dYdX ZEN-USD
ApeX Omni ZENUSDT
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.6320 | −0.164% | — | $2.8M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6466 | +0.027% | $50K | $55K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6403 | −0.055% | $571K | $3.2M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6400 | −0.059% | $2K | $1.2M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6254 | −0.250% | $22K | $236K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6330 | −0.150% | $828K | $1.5M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1151% | 1h | 7.6428 | −0.023% | $491K | $604K | 25x | as long as short |
BingX ZEN-USDT
Variational Omni ZEN
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD