Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.064%

Price spread now: Hyperliquid against OKX+0.066%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on OKX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.066%, 7d avg +0.070%

Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ASTER-USDT-SWAP	0.7243	0.0100	pay 0.0050% / 4h	2h 32m	$12.5M	$20.4M	50x
Short	Hyperliquid ASTER	0.7248	0.0100	get 0.0013% / 1h	32m 40s	$24.8M	$8.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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 OKXbpFee HyperliquidbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.070%: −$0.38
Slippage, 4 orders: −$18.12
Fee OKX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$37.5
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago	0.69 bp	12.0 bp −$12	27.0 bp −$270	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 10 min ago	0.83 bp	9.0 bp −$9	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
Deribit ASTER_USDC-PERPETUAL	−0.0123%	1h	0.7231	−0.162%	$11K	$72K	25x	as long as short
Coinbase International ASTER-PERP-INTX	−0.0048%	1h	0.7236	−0.091%	$267K	$1.2M	50x	as long as short
01 Exchange ASTERUSD	−0.0008%	1h	0.7244	+0.014%	$6K	$7K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7245	+0.028%	$52.0M	$112.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7244	+0.012%	$14K	$1K	5x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7232	−0.150%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+2.030%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0054%	4h	0.7237	−0.083%	$13K	$1K	10x	as long as short
Extended ASTER-USD	+0.0056%	1h	0.7242	−0.013%	$364K	$637K	25x	as long as short
Lighter ASTER	+0.0096%	1h	0.7241	−0.026%	$876K	$922K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERP	+0.0100%	1h	0.7242	−0.014%	$340K	$285K	5x	as long as short
Hyperliquid ASTERshort	+0.0100%	1h	0.7248	+0.066%	$24.8M	$8.0M	5x
Pacifica ASTER	+0.0100%	1h	0.7242	−0.014%	$252K	$83K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7244	+0.014%	$89.4M	$122.8M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7241	−0.028%	$48.8M	$25.7M	75x	as long as short
OKX ASTER-USDT-SWAPlong	+0.0100%	4h	0.7243	long leg	$12.5M	$20.4M	50x
Gate ASTER_USDT	+0.0100%	4h	0.7241	−0.028%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7241	−0.028%	$34.1M	$20.6M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7237	−0.090%	$10.7M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7238	−0.069%	$17.7M	$8.1M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7242	−0.014%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7236	−0.104%	$210K	$488K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7253	+0.143%	$2.1M	$391K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7243	+0.001%	$446K	$4.1M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7275	+0.442%	$99K	$734K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7241	−0.028%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7230	−0.179%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7234	−0.124%	$241K	$145K	20x	as long as short
edgeX ASTERUSDC	+0.0105%	4h	0.7267	+0.331%	$212K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0299%	1h	0.7235	−0.116%	$335K	$626K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7232	−0.154%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7232	−0.152%	$3.5M	$2.1M	75x	as long as short