Funding you earn now, next payment 00:00 UTC+0.0355%/8h= +38.9% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against Aster+0.305%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.367%−$37 · spread now +0.305%, 7d avg +0.091%
=Together, before fees−0.302%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.213% dearer against Aster than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.091%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.064% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZENUSDT | 7.7923 | 0.0100 | pay 0.0100% / 8h | 29m 04s | $53K | $375K | 10x |
| Short | Hyperliquid ZEN | 7.8160 | 0.0455 | get 0.0057% / 1h | 29m 04s | $2.5M | $1.8M | 5x |
Aster ZENUSDT
Hyperliquid ZENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aster. 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
- $74.65
- Price spread: +0.305% → +0.091%
- $21.33
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $78.98
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 48 min ago; Hyperliquid: live order book, 2 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 Aster live order book, 48 min ago | 8.45 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZEN 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0032% | 8h | 7.7751 | −0.220% | $52K | $85K | — | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7896 | −0.035% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0019% | 8h | 7.7980 | +0.074% | $4.5M | $5.0M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0023% | 4h | 7.7920 | −0.003% | $2.3M | $5.9M | 50x | as long as short |
| Bybit ZENUSDT | +0.0055% | 8h | 7.7890 | −0.042% | $4.7M | $6.3M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0069% | 8h | 7.7940 | +0.022% | $12.6M | $5.4M | 200x | as long as short |
| Binance ZENUSDT | +0.0071% | 8h | 7.7976 | +0.068% | $11.3M | $31.5M | 75x | as long as short |
| Extended ZEN-USD | +0.0072% | 1h | 7.7961 | +0.049% | $26K | $118K | 5x | as long as short |
| Aster ZENUSDTlong | +0.0100% | 8h | 7.7923 | long leg | $53K | $375K | 10x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7940 | +0.022% | $2.9M | $3.5M | 50x | as long as short |
Variational Omni ZEN
dYdX ZEN-USD
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
Bybit ZENUSDT
MEXC ZEN_USDT
Binance ZENUSDT
Extended ZEN-USD
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.7930 | +0.009% | — | $3.4M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7880 | −0.055% | $581K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7930 | +0.009% | $27K | $684K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7970 | +0.061% | $1K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0191% | 8h | 7.7980 | +0.074% | $848K | $1.8M | 75x | as long as short |
| Hyperliquid ZENshort | +0.0455% | 1h | 7.8160 | +0.305% | $2.5M | $1.8M | 5x | |
| Kraken Futures PF_ZENUSD | +0.2632% | 1h | 7.8326 | +0.517% | $512K | $1.0M | 25x | as long as short |
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD