Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: Hyperliquid against Aster+0.108%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.108%, 7d avg +0.104%
Together, before fees+0.092%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.71520.0100pay 0.0050% / 4h1h 24m$183K$258K10x
ShortHyperliquid ETHFI0.71600.0100get 0.0013% / 1h24m 53s$18.1M$8.9M5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.108% → +0.104%
$0.39
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$16.61
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 57 min ago; Hyperliquid: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 57 min ago7.69 bp45.5 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago2.37 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0449%1h0.7149−0.046%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0253%1h0.7156+0.046%$281K$148K20xas long as short
HTX ETHFI-USDT−0.0201%4h0.7136−0.228%$83K$165K20xas long as short
Orderly PERP_ETHFI_USDC−0.0184%4h0.7144−0.116%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0032%8h0.7134−0.256%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.226%$321$51K5.5xas long as short
MEXC ETHFI_USDT+0.0036%4h0.7151−0.018%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0037%4h0.7154+0.019%$24.8M$37.2M75xas long as short
Extended ETHFI-USD+0.0040%1h0.7151−0.024%$92K$493K10xas long as short
Bitget ETHFIUSDT+0.0082%4h0.7153+0.010%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7142−0.149%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7151−0.011%$1.1M$898K5xas long as short
Hyperliquid ETHFIshort+0.0100%1h0.7160+0.108%$18.1M$8.9M5x
Aster ETHFIUSDTlong+0.0100%4h0.7152long leg$183K$258K10x
Bybit ETHFIUSDT+0.0100%4h0.7157+0.066%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7157+0.066%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7153+0.010%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7151−0.018%$1.2M$272K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7154+0.024%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7143−0.128%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7144−0.121%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7139−0.186%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0149%4h0.7132−0.284%$1.3M$290K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7168+0.220%$31K$7K50xas long as short