Settings8H · net · $10k
Funding arb · Price arb /

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.087%
Price spread now: Hyperliquid against Injective+0.058%73s7-day average +0.176% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.173%+$17 on $10k
Price spread, last 3 days (all we have)+1.600%+$160 · spread now +0.058%, 7d avg +0.176%
Together, before fees+1.773%+ Points / potential airdropHyperliquid: Season 2 · farm board+$177 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.118% cheaper against Injective than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.176%). If the spread goes back, that is −$12 on $10k: about 5.9 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.173% in total) that is about 2.7 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ASTER/USDC PERP0.73900.0033pay 0.0004% / 1h52m 09s$9$133K5.5x
ShortHyperliquid ASTER0.73940.0100get 0.0013% / 1h52m 09s$25.7M$6.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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

Funding earned
$14
Price spread: +0.058% → +0.176%
−$11.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$6.79
Costs to cover
0.090%
Break-even
10.4 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Hyperliquid live order book, 11 min ago1.14 bp8.3 bp −$8doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ASTER on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ASTERUSDT−0.0718%1h0.7343−0.636%$65K$715K50xas long as short
Coinbase International ASTER-PERP-INTX−0.0080%1h0.7371−0.258%$270K$856K50xas long as short
Aster ASTERUSDT0.0000%4h0.7379−0.145%$55.6M$101.1M200xas long as short
Deribit ASTER_USDC-PERPETUAL0.0000%1h0.7377−0.180%$11K$86K25xas long as short
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0008%1h0.7378−0.166%$29K150xas long as short
01 Exchange ASTERUSD+0.0024%1h0.7380−0.135%$8K$4K10xas long as short
Injective ASTER/USDC PERPlong+0.0033%1h0.7390long leg$9$133K5.5x
Orderly PERP_ASTER_USDC+0.0093%4h0.7378−0.162%$14K$84510xas long as short
Lighter ASTER+0.0096%1h0.7383−0.095%$896K$897K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7378−0.161%$369K$255K5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ASTERshort+0.0100%1h0.7394+0.058%$25.7M$6.5M5x
Pacifica ASTER+0.0100%1h0.7380−0.139%$253K$70K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7383−0.095%$90.5M$109.8M75xas long as short
Bybit ASTERUSDT+0.0100%4h0.7386−0.054%$49.5M$22.7M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7393+0.041%$12.0M$18.3M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7383−0.095%$6.4M$5.2M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7385−0.068%$35.2M$17.4M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7385−0.070%$11.0M$3.2M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7387−0.041%$18.0M$6.7M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7386−0.054%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7387−0.038%$221K$474K10xas long as short
Variational Omni ASTER+0.0100%4h0.7328−0.841%$2.1M$376Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7324−0.891%$453K$3.7M10xas long as short
SunX ASTER-USDT+0.0100%4h0.7374−0.217%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7383−0.095%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7381−0.122%$241K$109K20xas long as short
Extended ASTER-USD+0.0104%1h0.7379−0.154%$367K$641K25xas long as short
edgeX ASTERUSDC+0.0113%4h0.7354−0.492%$212K$2.0M10xas long as short
Kraken Futures PF_ASTERUSD+0.0227%1h0.7387−0.043%$340K$500K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0305% / S −0.0215%1h0.7375−0.197%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7367−0.311%$3.5M$1.9M75xas long as short
dYdX ASTER-USD+0.0663%1h0.7377−0.178%$15K$1K5xas long as short