Funding you earn now, next payment 05:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.010%
Price spread now: SunX against Hyperliquid+0.115%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.115%, 7d avg +0.081%
=Together, before fees+0.053%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.034% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.081%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEC | 1,466.7 | 0.0148 | pay 0.0019% / 1h | 0m 16s | $764.2M | $419.7M | 10x |
| Short | SunX ZEC-USDT | 1,468.4 | 0.0100 | get 0.0100% / 8h | 3h 00m | $3K | $1.1M | 20x |
Hyperliquid ZEC
SunX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.16
- Price spread: +0.115% → +0.081%
- $3.4
- Slippage, 4 orders
- −$112.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$135.91
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; SunX: live order book, 3 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 Hyperliquid live order book, 4 min ago | 0.34 bp | 4.8 bp −$5 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 29.01 bp | 68.5 bp −$69 | doesn't fit | doesn't fit | 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 | −0.3042% | 1h | 1,463 | −0.253% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.4 | −0.156% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,463.3 | −0.235% | $29.7M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.5 | −0.080% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.6 | −0.140% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,466 | −0.048% | $5.2M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0055% | 1h | 1,467 | +0.018% | $617K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,466.1 | −0.044% | $293K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,462.4 | −0.293% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0091% / S −0.0043% | 1h | 1,466 | −0.051% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUAL
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,465.5 | −0.083% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466.5 | −0.017% | $14K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.9 | −0.057% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.1 | −0.040% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.1 | −0.040% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.6 | −0.074% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.1 | −0.038% | $675.8M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,465.8 | −0.061% | $262.1M | $586.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,465.9 | −0.058% | $179.0M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.265% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,466 | −0.050% | $52.7M | $174.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466 | −0.047% | $218.6M | $777.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,465.7 | −0.068% | $103.2M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.5 | −0.011% | $166.7M | $267.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,466.1 | −0.039% | — | $106.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.9 | −0.256% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.2 | −0.236% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.7 | −0.066% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.251% | $404K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.2 | −0.241% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466 | −0.048% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.058% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.2 | −0.104% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDTshort | +0.0100% | 8h | 1,468.4 | +0.115% | $3K | $1.1M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.2 | −0.033% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465 | −0.116% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.4 | −0.089% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.2 | −0.033% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465.9 | −0.052% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,465.7 | −0.070% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,463.3 | −0.235% | $4.7M | $1.3M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0123% | 8h | 1,463.6 | −0.212% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,466.4 | −0.018% | $2.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEClong | +0.0148% | 1h | 1,466.7 | long leg | $764.2M | $419.7M | 10x | |
| Lighter ZEC | +0.0168% | 1h | 1,466.8 | +0.004% | $19.4M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,465.9 | −0.053% | $927K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0313% | 1h | 1,465.1 | −0.110% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,465.8 | −0.062% | $18.0M | $45.6M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,466.8 | +0.005% | $673K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,468.1 | +0.093% | $3.9M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0682% | 1h | 1,464.7 | −0.135% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Phoenix ZEC
Kalshi KXZECPERP
Lighter RH ZEC
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD