Funding you earn now, next payment 09:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.059%
Price spread now: Hyperliquid against BloFin−0.013%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs+$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days+0.517%+$52 on $10k
+Price spread, last 4 days (all we have)−0.195%−$20 · spread now −0.013%, 7d avg +0.021%
=Together, before fees+0.322%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.034% cheaper against BloFin than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.021%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,517.2 | −0.0163 | get 0.0163% / 8h | 7h 52m | $31.8M | $77.1M | 75x |
| Short | Hyperliquid ZEC | 1,517 | 0.0100 | get 0.0013% / 1h | 52m 59s | $793.6M | $446.1M | 10x |
BloFin ZEC-USDT
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $55.3
- Price spread: −0.013% → +0.021%
- −$3.4
- Slippage, 4 orders
- −$0.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $30.11
- Costs to cover
- 0.218%
- Break-even
- 3.2 days
Slippage from BloFin: live order book, 6 min ago; Hyperliquid: live order book, 11 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 BloFin live order book, 6 min ago | 0.03 bp | 6.0 bp −$6 | 8.1 bp −$81 | 11.8 bp −$1,179 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.33 bp | 4.8 bp −$5 | 5.9 bp −$59 | 12.3 bp −$1,232 | 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 | −0.3702% | 1h | 1,494.3 | −1.506% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0463% | 1h | 1,515.3 | −0.125% | $779K | $147K | 10x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,512.8 | −0.289% | $62K | $305K | 10x | as long as short |
| BloFin ZEC-USDTlong | −0.0163% | 8h | 1,517.2 | long leg | $31.8M | $77.1M | 75x | |
| Aftermath Perps ZECUSD | −0.0123% | 1h | 1,513.8 | −0.221% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,516.6 | −0.035% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,512.7 | −0.293% | $420K | $34K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,513.5 | −0.239% | $8K | $6K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,514.6 | −0.171% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,516 | −0.078% | $5.4M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
Perpl ZEC
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,514.8 | −0.153% | $18.3M | $47.8M | 25x | as long as short |
| Gate ZEC_USDT | +0.0069% | 8h | 1,515.9 | −0.084% | $60.0M | $183.1M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,514.7 | −0.165% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,514 | −0.210% | $306K | $860K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,515.4 | −0.113% | $19.6M | $44.4M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,517.7 | +0.038% | $2.1M | $7.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,514.4 | −0.185% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,513.3 | −0.257% | $62K | $19K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,513.9 | −0.218% | $16K | $902K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,514.5 | −0.179% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,517 | −0.013% | $793.6M | $446.1M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,515.7 | −0.099% | $14.2M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,512.9 | −0.284% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,516.5 | −0.047% | $716.4M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,515.6 | −0.103% | $273.4M | $631.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,516.4 | −0.052% | $183.3M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,509.5 | −0.505% | $413K | $553K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,513.9 | −0.217% | $597K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,514.9 | −0.150% | $414.1M | $826.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,516.5 | −0.045% | $103.6M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,516.5 | −0.044% | $163.8M | $294.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,516.3 | −0.060% | — | $120.1M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,509.2 | −0.526% | $49.7M | $35.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,512.9 | −0.280% | $580K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,519.6 | +0.162% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,517.6 | +0.026% | $417K | $950K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,518.7 | +0.103% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,514.6 | −0.169% | $376K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,514.2 | −0.194% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,512.3 | −0.319% | $452K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,516.5 | −0.045% | $4K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,514.2 | −0.192% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,514 | −0.206% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,517 | −0.013% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,516.4 | −0.048% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,514.1 | −0.204% | $43K | $150K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0134% | 1h | 1,515.1 | −0.135% | $692K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0153% / S −0.0154% | 1h | 1,513.9 | −0.212% | $336K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,513.5 | −0.240% | $965K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,515.1 | −0.134% | $3.7M | $9.9M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0468% | 1h | 1,516.7 | −0.034% | $2.4M | $3.8M | 15x | as long as short |
Kraken Futures PF_ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps 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
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP