Funding you earn now, next payment 02:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.074%
Price spread now: Hyperliquid against Aster+0.256%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 5 days (all we have)+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.256%, 7d avg +0.030%
=Together, before fees−0.111%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.227% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster FETUSDT | 0.2020 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $307K | $577K | 10x |
| Short | Hyperliquid FET | 0.2025 | 0.0110 | get 0.0014% / 1h | 53m 03s | $9.0M | $8.3M | 5x |
Aster FETUSDT
Hyperliquid FETFunding 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
- $2.18
- Price spread: +0.256% → +0.030%
- $22.66
- Slippage, 4 orders
- −$59.89
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$52.05
- Costs to cover
- 0.769%
- Break-even
- 174.0 days
Slippage from Aster: live order book, 14 min ago; Hyperliquid: live order book, 9 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, 14 min ago | 9.73 bp | 28.2 bp −$28 | 294.1 bp −$2,941 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.45 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.6138% | 1h | 0.2022 | +0.108% | $29K | $230K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0760% | 1h | 0.2021 | +0.058% | $147K | $214K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0741% | 1h | 0.2024 | +0.209% | $984K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0022% | 1h | 0.2021 | +0.058% | $21K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −0.486% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0044% | 8h | 0.2022 | +0.108% | $2.8M | $12.1M | 50x | as long as short |
| Aster FETUSDTlong | +0.0100% | 8h | 0.2020 | long leg | $307K | $577K | 10x | |
| Binance FETUSDT | +0.0100% | 8h | 0.2025 | +0.256% | $31.4M | $112.0M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2024 | +0.207% | $31.6M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2023 | +0.157% | $10.6M | $19.3M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2008 | −0.576% | $352K | $401K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2021 | +0.058% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2022 | +0.119% | $33K | $247K | 10x | as long as short |
| Hyperliquid FETshort | +0.0110% | 1h | 0.2025 | +0.256% | $9.0M | $8.3M | 5x | |
| OKX FET-USDT-SWAP | +0.0158% | 4h | 0.2027 | +0.355% | $1.0M | $8.1M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2021 | +0.043% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2021 | +0.058% | $1.7M | $2.8M | 100x | as long as short |
| BingX FET-USDT | +0.0263% | 8h | 0.2025 | +0.256% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0288% | 8h | 0.2027 | +0.355% | $16.3M | $11.7M | 75x | as long as short |
| Phoenix FET | +0.0474% | 1h | 0.2019 | −0.056% | $35K | $43K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET