Funding you earn now, next payment 23:00 UTC+0.0486%/8h= +53.3% APRpaid last 24h +0.032%
Price spread now: Hyperliquid against BloFin+0.183%47s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 3 days (all we have)−0.496%−$50 · spread now +0.183%, 7d avg +0.029%
=Together, before fees−0.822%+ Points / potential airdropHyperliquid: Season 2 · farm board−$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.154% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour. The two prices were read 47 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 -0.326% in total (about -17.0% 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 | BloFin ZETA-USDT | 0.06000 | −0.0680 | get 0.0340% / 4h | 1h 16m | $414K | $1.0M | 50x |
| Short | Hyperliquid ZETA | 0.06011 | −0.0193 | pay 0.0024% / 1h | 16m 22s | $1.7M | $3.7M | 3x |
BloFin ZETA-USDT
Hyperliquid ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $102.14
- Price spread: +0.183% → +0.029%
- $15.44
- Slippage, 4 orders
- −$64.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $31.91
- Costs to cover
- 0.857%
- Break-even
- 4.8 days
Slippage from BloFin: live order book, 1 min ago; Hyperliquid: live order book, 5 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 BloFin live order book, 1 min ago | 0.83 bp | 14.2 bp −$14 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 4.14 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
ZETA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZETA_USDT | −0.1214% | 4h | 0.06008 | +0.133% | $626K | $9.5M | 25x | as long as short |
| Binance ZETAUSDT | −0.0724% | 4h | 0.06012 | +0.194% | $8.5M | $306.4M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0712% | 4h | 0.06013 | +0.217% | $1.5M | $11.6M | 50x | as long as short |
| BloFin ZETA-USDTlong | −0.0680% | 4h | 0.06000 | long leg | $414K | $1.0M | 50x | |
| BingX ZETA-USDT | −0.0672% | 4h | 0.06005 | +0.083% | — | $6.8M | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.0630% | 4h | 0.05997 | −0.050% | $1.1M | $46.4M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0610% | 4h | 0.06005 | +0.083% | $1.1M | $5.1M | 20x | as long as short |
| Variational Omni ZETA | −0.0403% | 4h | 0.06015 | +0.246% | $142K | $708K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0265% | 1h | 0.06013 | +0.220% | $67K | $634K | 10x | as long as short |
| Hyperliquid ZETAshort | −0.0193% | 1h | 0.06011 | +0.183% | $1.7M | $3.7M | 3x |
Gate ZETA_USDT
Binance ZETAUSDT
MEXC ZETA_USDT
BingX ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Variational Omni ZETA
Kraken Futures PF_ZETAUSDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZETAUSDT | −0.0172% | 4h | 0.05996 | −0.067% | $5.3M | $78.9M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +7.667% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06005 | +0.083% | $2.2M | $58.2M | 50x | as long as short |
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT