ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.149%

Price spread now: Hyperliquid against Coinbase International+0.342%7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$420.421% of the position

Long on Coinbase International Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.396%+$40 on $10k

Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.342%, 7d avg +0.145%

Together, before fees+0.345%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.197% dearer against Coinbase International than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.145%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ASTER-PERP-INTX	0.7406	−0.0136	get 0.0017% / 1h	3m 17s	$260K	$839K	50x
Short	Hyperliquid ASTER	0.7431	0.0148	get 0.0018% / 1h	3m 17s	$25.8M	$6.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HyperliquidbpOrdersPrice spread, now +0.342%Rate

Funding earned: $59.62
Price spread: +0.342% → +0.145%: $19.67
Slippage, 4 orders: −$23.14
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $37.15
Costs to cover: 0.421%
Break-even: 2.6 days

Slippage from Coinbase International: live order book, 15 min ago; Hyperliquid: live order book, 10 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 Coinbase International live order book, 15 min ago	4.25 bp	14.1 bp −$14	18.0 bp −$180	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 10 min ago	0.40 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit

ASTER on 32 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
Coinbase International ASTER-PERP-INTXlong	−0.0136%	1h	0.7406	long leg	$260K	$839K	50x
Aster ASTERUSDT	0.0000%	4h	0.7425	+0.256%	$56.7M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7424	+0.246%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7423	+0.233%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7390	−0.219%	$9	$133K	5.5x	as long as short
dYdX ASTER-USD	+0.0050%	1h	0.7422	+0.213%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7428	+0.296%	$921K	$882K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7425	+0.254%	$372K	$269K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7427	+0.282%	$255K	$107K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7423	+0.230%	$90.9M	$106.9M	75x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ASTERUSDT	+0.0100%	4h	0.7422	+0.213%	$49.7M	$21.8M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7424	+0.240%	$12.0M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7424	+0.240%	$6.3M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7422	+0.213%	$34.8M	$16.4M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7428	+0.288%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7424	+0.240%	$18.2M	$6.4M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7425	+0.254%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7426	+0.273%	$264K	$326K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7413	+0.099%	$2.1M	$366K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7419	+0.169%	$457K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7414	+0.105%	$66K	$717K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7422	+0.213%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7433	+0.362%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7425	+0.254%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7425	+0.254%	$243K	$119K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7423	+0.227%	$378K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0110%	4h	0.7418	+0.157%	$214K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0144%	1h	0.7428	+0.294%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0146%	1h	0.7432	+0.346%	$336K	$489K	20x	as long as short
Hyperliquid ASTERshort	+0.0148%	1h	0.7431	+0.342%	$25.8M	$6.8M	5x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7424	+0.235%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7421	+0.200%	$3.5M	$1.9M	75x	as long as short