Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.015%
Price spread now: Hyperliquid against SunX−0.159%52s7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1281.284% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.159%, 7d avg −0.081%
=Together, before fees−0.180%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.078% cheaper against SunX than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.081%). If the spread goes back, that is −$8 on $10k: about 3.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.056% in total) that is about 9.8 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,461.5 | 0.0100 | pay 0.0100% / 8h | 3h 59m | $3K | $1.1M | 20x |
| Short | Hyperliquid ZEC | 1,459.2 | 0.0178 | get 0.0022% / 1h | 59m 32s | $759.1M | $431.6M | 10x |
SunX ZEC-USDT
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $16.33
- Price spread: −0.159% → −0.081%
- −$7.8
- Slippage, 4 orders
- −$111.44
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$119.91
- Costs to cover
- 1.284%
- Break-even
- 58.4 days
Slippage from SunX: live order book, 4 min ago; Hyperliquid: live order book, 5 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 SunX live order book, 4 min ago | 29.01 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.34 bp | 5.5 bp −$5 | 7.7 bp −$77 | 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 | −0.3166% | 1h | 1,457.9 | −0.246% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.5 | −0.073% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,459.1 | −0.166% | $29.5M | $71.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | −0.130% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460 | −0.107% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.5 | −0.276% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.3 | −0.287% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,460 | −0.105% | $292K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S −0.0023% | 1h | 1,460.1 | −0.099% | $410K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,458 | −0.245% | $173K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,458.5 | −0.210% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,458.6 | −0.200% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.4 | −0.148% | $2.9M | $6.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.3 | −0.156% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,459.2 | −0.158% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,458 | −0.245% | $669.7M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,457.5 | −0.277% | $261.7M | $602.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,458 | −0.242% | $178.4M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458 | −0.242% | $396K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | −0.273% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,458.5 | −0.208% | $50.6M | $169.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.8 | −0.255% | $214.6M | $763.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,458 | −0.244% | $102.9M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,458.3 | −0.219% | $165.8M | $270.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,457.6 | −0.272% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.6 | −0.268% | $47.8M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.9 | −0.246% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.1 | −0.165% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,459.1 | −0.168% | $405K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.7 | −0.123% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.269% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.268% | $161K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.9 | −0.182% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,461.5 | long leg | $3K | $1.1M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.8 | −0.116% | $234K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | −0.173% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460 | −0.106% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,458.4 | −0.215% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,460 | −0.106% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.7 | −0.195% | $4.6M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,458.3 | −0.219% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZECshort | +0.0178% | 1h | 1,459.2 | −0.159% | $759.1M | $431.6M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0194% | 1h | 1,460.3 | −0.086% | $2.4M | $3.9M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,458.2 | −0.231% | $923K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,460.2 | −0.088% | $19.3M | $44.6M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0276% | 1h | 1,459.8 | −0.119% | $18.0M | $45.2M | 25x | as long as short |
| Lighter RH ZEC | +0.0312% | 1h | 1,460.4 | −0.076% | $2.1M | $7.0M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0381% | 1h | 1,460.9 | −0.044% | $616K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,462.2 | +0.044% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,459.6 | −0.132% | $677K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0673% | 1h | 1,458.5 | −0.208% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Phoenix ZEC
01 Exchange ZECUSD
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter ZEC
Kraken Futures PF_ZECUSD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD