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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ASTER/USDC PERP | 0.7390 | 0.0033 | pay 0.0004% / 1h | 52m 09s | $9 | $133K | 5.5x |
| Short | Hyperliquid ASTER | 0.7394 | 0.0100 | get 0.0013% / 1h | 52m 09s | $25.7M | $6.5M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 1.14 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ASTERUSDT | −0.0718% | 1h | 0.7343 | −0.636% | $65K | $715K | 50x | as long as short |
| Coinbase International ASTER-PERP-INTX | −0.0080% | 1h | 0.7371 | −0.258% | $270K | $856K | 50x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7379 | −0.145% | $55.6M | $101.1M | 200x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | 0.0000% | 1h | 0.7377 | −0.180% | $11K | $86K | 25x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0008% | 1h | 0.7378 | −0.166% | $29K | — | 150x | as long as short |
| 01 Exchange ASTERUSD | +0.0024% | 1h | 0.7380 | −0.135% | $8K | $4K | 10x | as long as short |
| Injective ASTER/USDC PERPlong | +0.0033% | 1h | 0.7390 | long leg | $9 | $133K | 5.5x | |
| Orderly PERP_ASTER_USDC | +0.0093% | 4h | 0.7378 | −0.162% | $14K | $845 | 10x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7383 | −0.095% | $896K | $897K | 5x | as long as short |
| Nado ASTER-PERP | +0.0100% | 1h | 0.7378 | −0.161% | $369K | $255K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ASTERshort | +0.0100% | 1h | 0.7394 | +0.058% | $25.7M | $6.5M | 5x | |
| Pacifica ASTER | +0.0100% | 1h | 0.7380 | −0.139% | $253K | $70K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7383 | −0.095% | $90.5M | $109.8M | 75x | as long as short |
| Bybit ASTERUSDT | +0.0100% | 4h | 0.7386 | −0.054% | $49.5M | $22.7M | 75x | as long as short |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7393 | +0.041% | $12.0M | $18.3M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7383 | −0.095% | $6.4M | $5.2M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7385 | −0.068% | $35.2M | $17.4M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7385 | −0.070% | $11.0M | $3.2M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7387 | −0.041% | $18.0M | $6.7M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7386 | −0.054% | — | $9.6M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7387 | −0.038% | $221K | $474K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7328 | −0.841% | $2.1M | $376K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7324 | −0.891% | $453K | $3.7M | 10x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7374 | −0.217% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7383 | −0.095% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7381 | −0.122% | $241K | $109K | 20x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7379 | −0.154% | $367K | $641K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0113% | 4h | 0.7354 | −0.492% | $212K | $2.0M | 10x | as long as short |
| Kraken Futures PF_ASTERUSD | +0.0227% | 1h | 0.7387 | −0.043% | $340K | $500K | 20x | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0305% / S −0.0215% | 1h | 0.7375 | −0.197% | $28K | — | 100x | as long as short |
| BloFin ASTER-USDT | +0.0340% | 4h | 0.7367 | −0.311% | $3.5M | $1.9M | 75x | as long as short |
| dYdX ASTER-USD | +0.0663% | 1h | 0.7377 | −0.178% | $15K | $1K | 5x | as long as short |
Injective ASTER/USDC PERP
Hyperliquid ASTER
ApeX Omni ASTERUSDT
Coinbase International ASTER-PERP-INTX
Aster ASTERUSDT
Deribit ASTER_USDC-PERPETUAL
gTrade (Gains Network) ASTER/USD
01 Exchange ASTERUSD
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
Bybit ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Extended ASTER-USD
edgeX ASTERUSDC
Kraken Futures PF_ASTERUSD
GMX ASTER/USD [WBTC.b-USDC]
BloFin ASTER-USDT