Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.063%
Price spread now: 01 Exchange against Hyperliquid−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.042% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEC | 1,468.1 | 0.0100 | pay 0.0013% / 1h | 10m 06s | $762.6M | $454.9M | 10x |
| Short | 01 Exchange ZECUSD | 1,467.5 | 0 | get 0.0000% / 1h | 10m 06s | $8K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- Price spread: −0.042% → 0.000%
- −$4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$41.16
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; 01 Exchange: no order-book sample. 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, 4 min ago | 0.34 bp | 5.3 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3321% | 1h | 1,467.7 | −0.031% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,467.1 | −0.065% | $17.9M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0118% | 1h | 1,466.6 | −0.102% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0116% | 8h | 1,467.7 | −0.030% | $29.7M | $72.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.5 | −0.041% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0021% | 8h | 1,466.4 | −0.118% | $47.6M | $33.6M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.4 | −0.116% | $413K | $103K | 5x | as long as short |
| 01 Exchange ZECUSDshort | 0.0000% | 1h | 1,467.5 | −0.042% | $8K | $9K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.4 | +0.089% | $960K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.5 | −0.112% | $83K | $405K | 10x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.3 | −0.054% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0020% | 8h | 1,467 | −0.074% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.7 | +0.109% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,467.1 | −0.066% | $377K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0064% | 8h | 1,467.5 | −0.042% | $181.3M | $1.29B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.2 | −0.060% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467 | −0.078% | $12K | $847K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467.3 | −0.057% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.5 | −0.043% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEClong | +0.0100% | 1h | 1,468.1 | long leg | $762.6M | $454.9M | 10x | |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.1 | −0.069% | $14.9M | $31.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.6 | −0.033% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.2 | −0.063% | $681.9M | $2.36B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466.8 | −0.087% | $272.8M | $628.9M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,468.9 | +0.051% | $699K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.151% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467.4 | −0.047% | $50.3M | $181.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.1 | −0.067% | $226.7M | $829.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.4 | −0.050% | $104.0M | $55.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.6 | −0.035% | $163.2M | $290.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,468 | −0.010% | — | $100.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,466.3 | −0.121% | $570K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,467.2 | −0.058% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.1 | −0.139% | $426K | $881K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.5 | −0.110% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.1 | −0.068% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.2 | −0.063% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.6 | −0.170% | $457K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.5 | +0.097% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.1 | −0.067% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467.2 | −0.061% | $2.5M | $19.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.039% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.1 | −0.065% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.2 | −0.058% | $54K | $164K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,467.9 | −0.012% | $852K | $1.0M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,468.7 | +0.043% | $19.1M | $50.6M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0273% | 1h | 1,468 | −0.009% | $604K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,469.3 | +0.079% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0506% | 1h | 1,467.9 | −0.012% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0712% | 1h | 1,469.1 | +0.069% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0759% | 1h | 1,468 | −0.004% | $43K | $46K | 10x | as long as short |
Hyperliquid ZEC
01 Exchange ZECUSD
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD