Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.060%
Price spread now: Aster against Hyperliquid−0.021%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.021%, 7d avg +0.063%
=Together, before fees+0.007%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BNB | 793.81 | 0.0100 | pay 0.0013% / 1h | 52m 36s | $52.6M | $19.8M | 10x |
| Short | Aster BNBUSDT | 793.64 | 0.0032 | get 0.0032% / 8h | 6h 52m | $6.1M | $19.9M | 200x |
Hyperliquid BNB
Aster BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. 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
- −$14.27
- Price spread: −0.021% → +0.063%
- −$8.41
- Slippage, 4 orders
- −$2.29
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$41.97
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Aster: live order book, 1 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 Hyperliquid live order book, 11 min ago | 0.13 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 0.63 bp | 4.6 bp −$5 | 5.0 bp −$50 | 18.1 bp −$1,812 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0161% / S +0.0334% | 1h | 792.49 | −0.167% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 792.59 | −0.154% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.70 | −0.014% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0033% | 8h | 793.00 | −0.102% | $35.5M | $55.1M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 792.37 | −0.181% | $3.0M | $28.1M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 793.02 | −0.100% | $857K | $3.0M | 30x | as long as short |
| Variational Omni BNB | +0.0006% | 8h | 791.53 | −0.288% | $4.1M | $5.1M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 792.48 | −0.167% | $9.7M | — | 150x | as long as short |
| dYdX BNB-USD | +0.0028% | 1h | 793.28 | −0.067% | $160K | $63K | 10x | as long as short |
| Aster BNBUSDTshort | +0.0032% | 8h | 793.64 | −0.021% | $6.1M | $19.9M | 200x |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.421% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0045% | 8h | 792.10 | −0.215% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0054% | 8h | 793.20 | −0.077% | $138.1M | $77.2M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 791.39 | −0.305% | $607K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0061% | 8h | 793.90 | +0.011% | $82.4M | $12.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0062% | 8h | 793.93 | +0.015% | $493.3M | $818.8M | 75x | as long as short |
| Phemex BNBUSDT | +0.0062% | 8h | 793.08 | −0.092% | $69.3M | $50.3M | 50x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 792.08 | −0.218% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.34 | −0.060% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 792.54 | −0.160% | $383K | $468K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 793.10 | −0.089% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNBlong | +0.0100% | 1h | 793.81 | long leg | $52.6M | $19.8M | 10x | |
| Pacifica BNB | +0.0100% | 1h | 793.46 | −0.044% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 793.00 | −0.102% | $53.3M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.20 | −0.077% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 792.92 | −0.112% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 793.10 | −0.089% | $77.4M | $28.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 794.42 | +0.076% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 794.47 | +0.083% | $160K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 793.21 | −0.076% | $112K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 792.65 | −0.146% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 793.11 | −0.088% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 792.70 | −0.140% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 792.00 | −0.228% | $8.1M | $8.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 793.71 | −0.013% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 792.85 | −0.121% | $1.7M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 792.56 | −0.158% | $381K | $110K | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 793.41 | −0.051% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0139% | 1h | 794.97 | +0.146% | $646K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0161% | 8h | 792.10 | −0.215% | $94K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 793.14 | −0.084% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0216% | 1h | 793.78 | −0.004% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 793.05 | −0.096% | $1.6M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 792.81 | −0.126% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0440% | 1h | 792.53 | −0.161% | $68K | $38K | 12x | as long as short |
| Backpack BNB_USDC_PERP | +0.0462% | 1h | 793.77 | −0.005% | $2.7M | $5.7M | 40x | as long as short |
Injective BNB/USDC PERP
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
RISEx BNB/USDC
Bulk BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
Backpack BNB_USDC_PERP