Funding you earn now, next payment 02:00 UTC+0.0441%/8h= +48.3% APRpaid last 24h +0.042%
Price spread now: Hyperliquid against Aster−0.157%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.157%, 7d avg +0.037%
=Together, before fees+0.366%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.195% cheaper against Aster than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of +0.037%). If the spread goes back, that is −$19 on $10k: about 35 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.124% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% 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 ENAUSDT | 0.2134 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $1.5M | $3.3M | 50x |
| Short | Hyperliquid ENA | 0.2131 | 0.0541 | get 0.0068% / 1h | 52m 12s | $114.8M | $74.3M | 10x |
Aster ENAUSDT
Hyperliquid ENAFunding 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
- $92.71
- Price spread: −0.157% → +0.037%
- −$19.46
- Slippage, 4 orders
- −$22.53
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $33.72
- Costs to cover
- 0.395%
- Break-even
- 4.5 days
Slippage from Aster: live order book, 1 min ago; Hyperliquid: live order book, 12 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, 1 min ago | 3.53 bp | 8.8 bp −$9 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.23 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
ENA on 42 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 ENA_USDC-PERPETUAL | 0.0000% | 1h | 0.2130 | −0.176% | $79K | $1.6M | 50x | as long as short |
| gTrade (Gains Network) ENA/USD | L +0.0004% / S −0.0004% | 1h | 0.2132 | −0.121% | $91K | — | 150x | as long as short |
| 01 Exchange ENAUSD | +0.0016% | 1h | 0.2133 | −0.059% | $4K | $302 | 10x | as long as short |
| Injective ENA/USDC PERP | +0.0033% | 1h | 0.2123 | −0.509% | $522 | $57K | 5.5x | as long as short |
| Orderly PERP_ENA_USDC | +0.0036% | 4h | 0.2129 | −0.260% | $41K | $23K | 10x | as long as short |
| dYdX ENA-USD | +0.0051% | 1h | 0.2131 | −0.163% | $141K | $15K | 5x | as long as short |
| Popdex ENAUSDT | +0.0096% | 1h | 0.2133 | −0.059% | $53K | $526K | 50x | as long as short |
| Nado ENA-PERP | +0.0100% | 1h | 0.2132 | −0.087% | $703K | $1.8M | 10x | as long as short |
| Aster ENAUSDTlong | +0.0100% | 4h | 0.2134 | long leg | $1.5M | $3.3M | 50x | |
| Pacifica ENA | +0.0100% | 1h | 0.2131 | −0.149% | $419K | $548K | 10x | as long as short |
Deribit ENA_USDC-PERPETUAL
gTrade (Gains Network) ENA/USD
01 Exchange ENAUSD
Injective ENA/USDC PERP
Orderly PERP_ENA_USDC
dYdX ENA-USD
Popdex ENAUSDT
Nado ENA-PERP
Pacifica ENAShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ENAUSDT | +0.0100% | 4h | 0.2130 | −0.188% | $132.4M | $444.3M | 75x | as long as short |
| Bybit ENAUSDT | +0.0100% | 4h | 0.2129 | −0.251% | $87.2M | $186.4M | 50x | as long as short |
| OKX ENA-USDT-SWAP | +0.0100% | 4h | 0.2130 | −0.214% | $21.2M | $109.3M | 50x | as long as short |
| Ondo Perps ENA-USD.P | +0.0100% | 1h | 0.2111 | −1.090% | $17K | $405K | 5x | as long as short |
| Arcus ENA-USD | +0.0100% | 1h | 0.2134 | −0.012% | $116K | $253K | 10x | as long as short |
| Bulk ENA-USD | +0.0100% | 1h | 0.2127 | −0.324% | $93K | $4K | 10x | as long as short |
| Gate ENA_USDT | +0.0100% | 4h | 0.2129 | −0.270% | $10.8M | $20.6M | 50x | as long as short |
| MEXC ENA_USDT | +0.0100% | 4h | 0.2130 | −0.209% | $44.9M | $43.5M | 200x | as long as short |
| KuCoin ENAUSDTM | +0.0100% | 4h | 0.2131 | −0.162% | $24.6M | $16.4M | 75x | as long as short |
| Bitget ENAUSDT | +0.0100% | 4h | 0.2127 | −0.335% | $48.2M | $61.3M | 75x | as long as short |
| BingX ENA-USDT | +0.0100% | 4h | 0.2129 | −0.270% | — | $32.6M | — | as long as short |
| Backpack ENA_USDC_PERP | +0.0100% | 1h | 0.2130 | −0.181% | $368K | $383K | 5x | as long as short |
| Variational Omni ENA | +0.0100% | 4h | 0.2113 | −1.018% | $3.8M | $10.0M | — | as long as short |
| edgeX ENAUSDC | +0.0100% | 4h | 0.2124 | −0.462% | $246K | $7.5M | 20x | as long as short |
| GRVT ENA_USDT_Perp | +0.0100% | 4h | 0.2114 | −0.941% | $356K | $4.8M | 10x | as long as short |
| ApeX Omni ENAUSDT | +0.0100% | 1h | 0.2121 | −0.621% | $33K | $689K | 50x | as long as short |
| Polymarket Perps ENA-USD | +0.0100% | 1h | 0.2134 | −0.031% | $180K | $2.4M | 10x | as long as short |
| SunX ENA-USDT | +0.0100% | 4h | 0.2081 | −2.491% | $1K | $843K | 20x | as long as short |
| SoDEX ENA-USD | +0.0100% | 1h | 0.2130 | −0.200% | $4K | $10K | 10x | as long as short |
| HTX ENA-USDT | +0.0100% | 4h | 0.2140 | +0.283% | $276K | $1.0M | 50x | as long as short |
| Phemex ENAUSDT | +0.0100% | 4h | 0.2131 | −0.153% | $1.9M | $9.4M | 50x | as long as short |
| Paradex ENA-USD-PERP | +0.0100% | 8h | 0.2132 | −0.103% | $48K | $110 | 10x | as long as short |
| Aevo ENA-PERP | +0.0104% | 1h | 0.2132 | −0.121% | $75K | $4K | 3x | as long as short |
| Lighter ENA | +0.0168% | 1h | 0.2132 | −0.125% | $5.5M | $13.6M | 10x | as long as short |
| Phoenix ENA | +0.0188% | 1h | 0.2116 | −0.846% | $7K | $351K | 10x | as long as short |
| Kraken Futures PF_ENAUSD | +0.0250% | 1h | 0.2131 | −0.132% | $2.7M | $5.0M | 50x | as long as short |
| GMX ENA/USD [ETH-USDC] | L +0.0251% / S −0.0206% | 1h | 0.2132 | −0.103% | $51K | — | 100x | as long as short |
| Extended ENA-USD | +0.0320% | 1h | 0.2130 | −0.218% | $1.6M | $4.1M | 50x | as long as short |
| BloFin ENA-USDT | +0.0340% | 4h | 0.2125 | −0.439% | $5.7M | $2.0M | 75x | as long as short |
| Reya ENARUSDPERP | +0.0412% | 1h | 0.2132 | −0.096% | $1K | $5K | 15x | as long as short |
| Hyperliquid ENAshort | +0.0541% | 1h | 0.2131 | −0.157% | $114.8M | $74.3M | 10x | |
| Coinbase International ENA-PERP-INTX | +0.0648% | 1h | 0.2123 | −0.532% | $834K | $1.7M | 50x | as long as short |
Binance ENAUSDT
Bybit ENAUSDT
OKX ENA-USDT-SWAP
Ondo Perps ENA-USD.P
Arcus ENA-USD
Bulk ENA-USD
Gate ENA_USDT
MEXC ENA_USDT
KuCoin ENAUSDTM
Bitget ENAUSDT
BingX ENA-USDT
Backpack ENA_USDC_PERP
Variational Omni ENA
edgeX ENAUSDC
GRVT ENA_USDT_Perp
ApeX Omni ENAUSDT
Polymarket Perps ENA-USD
SunX ENA-USDT
SoDEX ENA-USD
HTX ENA-USDT
Phemex ENAUSDT
Paradex ENA-USD-PERP
Aevo ENA-PERP
Lighter ENA
Phoenix ENA
Kraken Futures PF_ENAUSD
GMX ENA/USD [ETH-USDC]
Extended ENA-USD
BloFin ENA-USDT
Reya ENARUSDPERP
Coinbase International ENA-PERP-INTX