Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against ApeX Omni+0.127%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)−0.372%−$37 · spread now +0.127%, 7d avg +0.055%
=Together, before fees−0.281%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.071% dearer against ApeX Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1850 | 0.0100 | pay 0.0013% / 1h | 20m 52s | $37K | $680K | 50x |
| Short | Hyperliquid ZRO | 1.1865 | 0.0100 | get 0.0013% / 1h | 20m 52s | $37.7M | $6.7M | 5x |
ApeX Omni ZROUSDT
Hyperliquid ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $0
- Price spread: +0.127% → +0.055%
- $7.12
- Slippage, 4 orders
- −$50.35
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$62.23
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 67 min ago; Hyperliquid: live order book, 12 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 ApeX Omni live order book, 67 min ago | 12.70 bp | 22.3 bp −$22 | 121.7 bp −$1,217 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.27 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0400% | 1h | 1.1858 | +0.068% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0051% | 4h | 1.1858 | +0.068% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0021% | 1h | 1.1860 | +0.088% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0085% | 4h | 1.1862 | +0.101% | $1.1M | $266K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1859 | +0.073% | $4.6M | $1.3M | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0098% | 4h | 1.1853 | +0.025% | $3.2M | $9.1M | 20x | as long as short |
| Hyperliquid ZROshort | +0.0100% | 1h | 1.1865 | +0.127% | $37.7M | $6.7M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1867 | +0.143% | $159K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1865 | +0.124% | $144K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1856 | +0.054% | $22.4M | $33.3M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
OKX ZRO-USDT-SWAP
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1848 | −0.017% | $18.2M | $15.6M | 50x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | +0.084% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1859 | +0.076% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1870 | +0.169% | $3.0M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1865 | +0.127% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1855 | +0.042% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1863 | +0.110% | $93K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1827 | −0.193% | $2.3M | $862K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1850 | long leg | $37K | $680K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1875 | +0.211% | $87K | $920K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1854 | +0.035% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0157% | 1h | 1.1863 | +0.111% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1863 | +0.110% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0316% | 1h | 1.1867 | +0.143% | $251K | $572K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1910 | +0.506% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.1576% | 1h | 1.1853 | +0.025% | $784K | $555K | 10x | as long as short |
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD