Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.015%
Price spread now: Hyperliquid against Bitget+0.212%7-day average +0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.212%, 7d avg +0.119%
=Together, before fees+0.044%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.093% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.119%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% 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 | Bitget ZORAUSDT | 0.008482 | 0.0100 | pay 0.0050% / 4h | 0m 57s | $695K | $310K | 25x |
| Short | Hyperliquid ZORA | 0.008500 | 0.0302 | get 0.0038% / 1h | 0m 57s | $1.6M | $322K | 3x |
Bitget ZORAUSDT
Hyperliquid ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $42.38
- Price spread: +0.212% → +0.119%
- $9.3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $30.68
- Costs to cover
- 0.210%
- Break-even
- 1.9 days
Slippage unknown: Bitget: live order book, 34 min ago; Hyperliquid: live order book, 10 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 Bitget live order book, 34 min ago | 7.03 bp | 29.2 bp −$29 | 228.7 bp −$2,287 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 2.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ZORA 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 ZORA-USD | 0.0000% | 1h | 0.008467 | −0.175% | $292 | $19 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008474 | −0.094% | — | $6.5M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008473 | −0.106% | $23K | $22K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008487 | +0.062% | $26K | $15K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008486 | +0.047% | $2.5M | $4.5M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008477 | −0.059% | $2.4M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008479 | −0.035% | $760K | $998K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008480 | −0.024% | $155K | $89K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008485 | +0.035% | $9.9M | $230K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008485 | +0.035% | $748K | $1.6M | 30x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDTlong | +0.0100% | 4h | 0.008482 | long leg | $695K | $310K | 25x | |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008486 | +0.047% | $35K | $105K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008471 | −0.131% | $126K | $25K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008660 | +2.099% | $1K | $1.4M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008485 | +0.038% | $9K | $202K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008484 | +0.024% | $1K | — | 100x | as long as short |
| Hyperliquid ZORAshort | +0.0302% | 1h | 0.008500 | +0.212% | $1.6M | $322K | 3x |
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]