After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.382%7d average+0.111%fees + slippage, in and out−$85spread needed0.847%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.7690 | −0.0488 | get 0.0488% / 8h | 7h 31m | $4.7M | $11.4M | 75x |
| Short | Hyperliquid ZEN | 7.7987 | 0.0100 | get 0.0013% / 1h | 31m 32s | $2.6M | $3.4M | 5x |
Bybit ZENUSDT
Hyperliquid ZENPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $38.23
- Funding while held
- $17.63
- Slippage, 4 orders
- −$64.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$28.86
- Spread needed to break even
- 0.847%
Slippage from Bybit: live order book, 3 min ago; Hyperliquid: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0588%
- Per $10,000 a day
- +$17.63
- Average in range /8h
- —
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 Bybit live order book, 3 min ago | 0.65 bp | 27.5 bp −$27 | 240.1 bp −$2,401 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 1.48 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
ZEN price on every exchange
against the cheapest. Click to use as the short leg.SunX7.7370cheapestApeX Omni7.7380+0.013%BloFin7.7410+0.052%Variational Omni7.7467+0.126%Aster7.7510+0.181%Extended7.7592+0.287%Kraken Futures7.7630+0.336%BingX7.7640+0.349%dYdX7.7652+0.364%
SunX
ApeX Omni
BloFin
Variational Omni
Aster
Extended
Kraken Futures
BingX
dYdXBybit7.7690+0.414%
OKX7.7720+0.452%Bitget7.7750+0.491%KuCoin7.7810+0.569%Binance7.7818+0.579%MEXC7.7850+0.620%
OKX
Bitget
KuCoin
Binance
MEXCHyperliquid7.7987+0.797%
ZEN on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ZEN-USDT | −0.412% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| ApeX Omni ZENUSDT | −0.399% | −0.0043% | 1h | $27K | $694K | 50x | as long as short |
| BloFin ZEN-USDT | −0.360% | +0.0062% | 8h | $877K | $2.4M | 75x | as long as short |
| Variational Omni ZEN | −0.287% | −0.0382% | 8h | $61K | $267K | — | as long as short |
| Aster ZENUSDT | −0.232% | +0.0024% | 8h | $43K | $331K | 10x | as long as short |
| Extended ZEN-USD | −0.126% | +0.0016% | 1h | $25K | $94K | 5x | as long as short |
| Kraken Futures PF_ZENUSD | −0.077% | −0.0206% | 1h | $406K | $1.1M | 25x | as long as short |
| BingX ZEN-USDT | −0.064% | +0.0100% | 8h | — | $3.7M | — | as long as short |
| dYdX ZEN-USD | −0.049% | 0.0000% | 1h | $9K | — | 5x | as long as short |
| Bybit ZENUSDTlong | 0.000% | −0.0488% | 8h | $4.7M | $11.4M | 75x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ZEN-USDT-SWAP | +0.039% | −0.0325% | 4h | $2.4M | $9.9M | 50x | as long as short |
| Bitget ZENUSDT | +0.077% | +0.0100% | 8h | $2.9M | $4.3M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.154% | −0.0071% | 8h | $4.5M | $6.3M | 50x | as long as short |
| Binance ZENUSDT | +0.165% | +0.0018% | 8h | $11.3M | $40.8M | 75x | as long as short |
| MEXC ZEN_USDT | +0.206% | +0.0016% | 8h | $13.0M | $8.2M | 200x | as long as short |
| Hyperliquid ZENshort | +0.382% | +0.0100% | 1h | $2.6M | $3.4M | 5x |