Funding you earn now, next payment 23:00 UTC+0.0807%/8h= +88.3% APRpaid last 24h +0.054%
Price spread now: Hyperliquid against Aster+0.299%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$870.870% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.299%, 7d avg +0.083%
=Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.216% dearer against Aster than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.083%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.179% in total (about 9.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000BONKUSDT | 0.000003379 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $65K | $251K | 10x |
| Short | Hyperliquid kBONK | 0.000003389 | 0.0907 | get 0.0113% / 1h | 41m 17s | $10.1M | $7.3M | 10x |
Aster 1000BONKUSDT
Hyperliquid kBONKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aster. 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
- $169.4
- Price spread: +0.299% → +0.083%
- $21.61
- Slippage, 4 orders
- −$70
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $104.01
- Costs to cover
- 0.870%
- Break-even
- 2.7 days
Slippage from Aster: live order book, 40 min ago; Hyperliquid: live order book, 11 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 Aster live order book, 40 min ago | 10.38 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.49 bp | 12.1 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
BONK on 31 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 1000BONK-PERP-INTX | −0.0248% | 1h | 0.000003327 | −1.536% | $42K | $22K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003386 | +0.210% | $1.0M | $13.3M | 75x | as long as short |
| Orderly PERP_1000BONK_USDC | −0.0071% | 4h | 0.000003380 | +0.032% | $29K | $41K | 20x | as long as short |
| gTrade (Gains Network) BONK/USD | L 0.0000% / S +0.0001% | 1h | 0.000003381 | +0.059% | $1K | — | 150x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003380 | +0.021% | $12K | $3K | 10x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | 0.0000% | 1h | 0.000003381 | +0.062% | $2K | $110K | 10x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.105% | $3K | $113 | 5.5x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003378 | −0.021% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003386 | +0.210% | $196K | $294K | 10x | as long as short |
| Aster 1000BONKUSDTlong | +0.0100% | 4h | 0.000003379 | long leg | $65K | $251K | 10x |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
Orderly PERP_1000BONK_USDC
gTrade (Gains Network) BONK/USD
dYdX BONK-USD
Deribit 1000BONK_USDC-PERPETUAL
Injective BONK/USDC PERP
Reya kBONKRUSDPERP
Lighter 1000BONKShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003382 | +0.091% | $115K | $122K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003390 | +0.328% | $15.3M | $51.3M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003390 | +0.316% | $10.3M | $16.6M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003390 | +0.328% | $2.5M | $7.7M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003379 | +0.003% | $751K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDT | +0.0100% | 4h | 0.000003389 | +0.299% | $10.2M | $6.5M | 125x | as long as short |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003390 | +0.328% | $2.7M | $9.9M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003380 | +0.032% | $4.2M | $3.1M | 75x | as long as short |
| BingX 1000BONK-USDT | +0.0100% | 4h | 0.000003382 | +0.091% | — | $8.0M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003380 | +0.032% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003349 | −0.895% | $301K | $102K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003356 | −0.678% | $57K | $698K | 25x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003379 | +0.017% | $19K | $106K | 10x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003384 | +0.151% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003384 | +0.151% | $2K | $6K | 10x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003380 | +0.027% | $22K | $2K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003379 | +0.003% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0196% / S −0.4340% | 1h | 0.000003000 | −11.214% | $565 | — | 100x | as long as short |
| HTX BONK-USDT | +0.0220% | 4h | 0.000003390 | +0.328% | $91K | $150K | 30x | as long as short |
| Hyperliquid kBONKshort | +0.0907% | 1h | 0.000003389 | +0.299% | $10.1M | $7.3M | 10x | |
| Kraken Futures PF_BONKUSD | +0.0955% | 1h | 0.000003393 | +0.404% | $206K | $149K | 50x | as long as short |
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
MEXC 1000BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDT
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
Nado kBONK-PERP
SunX BONK-USDT
SoDEX 1000BONK-USD
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
HTX BONK-USDT
Kraken Futures PF_BONKUSD