Funding you earn now, next payment 03:00 UTC−0.0163%/8h= −17.9% APRpaid last 24h −0.011%
Price spread now: KuCoin against Hyperliquid−0.353%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.418%+$42 · spread now −0.353%, 7d avg −0.036%
=Together, before fees+0.347%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.317% cheaper against Hyperliquid than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZORA | 0.008493 | 0.0263 | pay 0.0033% / 1h | 4m 50s | $1.6M | $328K | 3x |
| Short | KuCoin ZORAUSDTM | 0.008463 | 0.0100 | get 0.0050% / 4h | 1h 04m | $751K | $1.4M | 30x |
Hyperliquid ZORA
KuCoin ZORAUSDTMFunding 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
- −$34.26
- Price spread: −0.353% → −0.036%
- −$31.73
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.99
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; KuCoin: 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 Hyperliquid live order book, 6 min ago | 2.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 5.90 bp | 44.0 bp −$44 | 524.0 bp −$5,240 | 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 | 0.008458 | −0.410% | $311 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008459 | −0.400% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008455 | −0.447% | $22K | $14K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008469 | −0.283% | $26K | $12K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008471 | −0.258% | $2.5M | $4.1M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008456 | −0.436% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008462 | −0.365% | $767K | $961K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008460 | −0.389% | $155K | $78K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008468 | −0.294% | $9.8M | $229K | 50x | as long as short |
| KuCoin ZORAUSDTMshort | +0.0100% | 4h | 0.008463 | −0.353% | $751K | $1.4M | 30x |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008480 | −0.153% | $732K | $214K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008462 | −0.361% | $126K | $25K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008640 | +1.731% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008469 | −0.287% | $6K | $164K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008455 | −0.447% | $1K | — | 100x | as long as short |
| Hyperliquid ZORAlong | +0.0263% | 1h | 0.008493 | long leg | $1.6M | $328K | 3x | |
| Backpack ZORA_USDC_PERP | +0.0403% | 1h | 0.008467 | −0.306% | $37K | $111K | 10x | as long as short |
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]
Backpack ZORA_USDC_PERP