Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.013%
Price spread now: Extended against Hyperliquid−0.302%7-day average −0.159% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.302%, 7d avg −0.159%
=Together, before fees+0.106%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$11 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 Extended is 0.143% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.159%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZORA | 0.008550 | 0.0204 | pay 0.0025% / 1h | 39m 22s | $1.6M | $318K | 3x |
| Short | Extended ZORA-USD | 0.008524 | 0.0104 | get 0.0013% / 1h | 39m 22s | $6K | $202K | 5x |
Hyperliquid ZORA
Extended ZORA-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
- −$20.97
- Price spread: −0.302% → −0.159%
- −$14.29
- 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
- −$49.26
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; Extended: live order book, 62 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, 1 min ago | 2.34 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 62 min ago | 5.88 bp | 74.6 bp −$75 | 432.0 bp −$4,320 | doesn't fit | doesn't fit |
ZORA 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008534 | −0.191% | $294 | $19 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008530 | −0.234% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008525 | −0.292% | $23K | $22K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008539 | −0.123% | $26K | $15K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008528 | −0.257% | $2.5M | $4.5M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008514 | −0.421% | $2.4M | $1.8M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008531 | −0.222% | $770K | $1.0M | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008530 | −0.234% | $156K | $89K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008525 | −0.292% | $9.9M | $227K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008537 | −0.152% | $755K | $1.6M | 30x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008538 | −0.140% | $701K | $311K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008536 | −0.164% | $35K | $110K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008536 | −0.160% | $127K | $25K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008720 | +1.988% | $2K | $1.4M | 20x | as long as short |
| Extended ZORA-USDshort | +0.0104% | 1h | 0.008524 | −0.302% | $6K | $202K | 5x | |
| Hyperliquid ZORAlong | +0.0204% | 1h | 0.008550 | long leg | $1.6M | $318K | 3x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008535 | −0.175% | $1K | — | 100x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]