Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against BingX+0.239%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days−0.246%−$25 · spread now +0.239%, 7d avg +0.086%
=Together, before fees−0.198%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.153% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.6630 | 0.0100 | pay 0.0100% / 8h | 5h 57m | — | $2.8M | — |
| Short | Hyperliquid ZEN | 7.6813 | 0.0100 | get 0.0013% / 1h | 57m 53s | $2.4M | $1.0M | 5x |
BingX ZEN-USDT
Hyperliquid ZENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $0
- Price spread: +0.239% → +0.086%
- $15.31
- Slippage, 4 orders
- −$41.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.81
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Hyperliquid: live order book, 6 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 BingX live order book, 5 min ago | 3.26 bp | 14.9 bp −$15 | 33.3 bp −$333 | 336.1 bp −$33.6K | 506.6 bp −$253.3K |
| Sell Hyperliquid live order book, 6 min ago | 1.56 bp | 13.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
ZEN on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.6638 | +0.011% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0020% | 8h | 7.6650 | +0.026% | $4.2M | $3.5M | 50x | as long as short |
| ApeX Omni ZENUSDT | +0.0026% | 1h | 7.6550 | −0.104% | $26K | $666K | 50x | as long as short |
| Hyperliquid ZENshort | +0.0100% | 1h | 7.6813 | +0.239% | $2.4M | $1.0M | 5x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6615 | −0.020% | $37K | $384K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6618 | −0.016% | $11.0M | $28.0M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6570 | −0.078% | $4.5M | $4.9M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6550 | −0.104% | $2.2M | $4.9M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6620 | −0.013% | $12.1M | $4.7M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6700 | +0.091% | $2.8M | $2.8M | 50x | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
ApeX Omni ZENUSDT
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.6630 | long leg | — | $2.8M | — | |
| Variational Omni ZEN | +0.0100% | 8h | 7.6477 | −0.200% | $50K | $55K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6656 | +0.034% | $581K | $3.2M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6710 | +0.104% | $2K | $1.2M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6607 | −0.030% | $22K | $236K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6610 | −0.026% | $831K | $1.5M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1146% | 1h | 7.6782 | +0.198% | $493K | $604K | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD