Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.054%
Price spread now: Extended against Hyperliquid−0.243%7-day average −0.170% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.243%, 7d avg −0.170%
=Together, before fees+0.066%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.073% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.170%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEN | 7.7748 | 0.0170 | pay 0.0021% / 1h | 41m 44s | $2.4M | $1.3M | 5x |
| Short | Extended ZEN-USD | 7.7559 | 0.0104 | get 0.0013% / 1h | 41m 44s | $22K | $232K | 5x |
Hyperliquid ZEN
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$13.79
- Price spread: −0.243% → −0.170%
- −$7.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$35.12
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Extended: live order book, 59 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, 9 min ago | 1.23 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 59 min ago | 2.27 bp | 18.8 bp −$19 | 133.4 bp −$1,334 | 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 | 7.7634 | −0.146% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0030% | 8h | 7.7600 | −0.190% | $4.1M | $3.9M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7608 | −0.181% | $44K | $391K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7583 | −0.212% | $11.2M | $29.5M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7540 | −0.268% | $4.5M | $5.5M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7570 | −0.229% | $2.3M | $5.3M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7600 | −0.190% | $12.3M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7550 | −0.255% | $2.9M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7560 | −0.242% | — | $2.9M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.7510 | −0.306% | $55K | $69K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7519 | −0.294% | $583K | $2.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7500 | −0.319% | $27K | $670K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7600 | −0.190% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.7559 | −0.243% | $22K | $232K | 5x | |
| Hyperliquid ZENlong | +0.0170% | 1h | 7.7748 | long leg | $2.4M | $1.3M | 5x | |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7560 | −0.242% | $837K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2222% | 1h | 7.7712 | −0.046% | $497K | $832K | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD