Funding you earn now, next payment 05:00 UTC−0.0306%/8h= −33.5% APRnext payment −$0.38 per $10,000 · paid last 24h −0.051%
Price spread now: ApeX Omni against Hyperliquid−0.046%65s7-day average −0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.393%+$39 · spread now −0.046%, 7d avg −0.095%
=Together, before fees+0.281%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.050% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.095%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.112% in total) that is about 3.1 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.38 per $10,000. 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 | Hyperliquid ZEN | 7.6645 | 0.0362 | pay 0.0045% / 1h | 54m 22s | $2.5M | $1.3M | 5x |
| Short | ApeX Omni ZENUSDT | 7.6610 | 0.0056 | get 0.0007% / 1h | 54m 22s | $27K | $681K | 50x |
Hyperliquid ZEN
ApeX Omni ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$64.24
- Price spread: −0.046% → −0.095%
- $4.97
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$78.28
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; ApeX Omni: live order book, 64 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 Hyperliquid live order book, 7 min ago | 1.62 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 6.56 bp | 13.3 bp −$13 | 105.9 bp −$1,059 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.6706 | +0.080% | $9K | — | 5x | as long as short |
| ApeX Omni ZENUSDTshort | +0.0056% | 1h | 7.6610 | −0.046% | $27K | $681K | 50x | |
| KuCoin ZENUSDTM | +0.0068% | 8h | 7.6600 | −0.059% | $4.1M | $4.3M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0077% | 4h | 7.6420 | −0.294% | $2.3M | $5.3M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6630 | −0.020% | $49K | $380K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6514 | −0.172% | $11.0M | $30.3M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6470 | −0.228% | $4.5M | $5.9M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6520 | −0.163% | $11.6M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6550 | −0.124% | $2.8M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6520 | −0.163% | — | $3.1M | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.6502 | −0.187% | $55K | $89K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6600 | −0.059% | $578K | $2.1M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6470 | −0.228% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6473 | −0.224% | $25K | $147K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6460 | −0.241% | $825K | $1.5M | 75x | as long as short |
| Hyperliquid ZENlong | +0.0362% | 1h | 7.6645 | long leg | $2.5M | $1.3M | 5x | |
| Kraken Futures PF_ZENUSD | +0.2341% | 1h | 7.6620 | −0.033% | $496K | $1.0M | 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