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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Aster against Hyperliquid−0.092%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.092% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GMT0.0083430.0100pay 0.0013% / 1h3m 19s$123K$123K3x
ShortAster GMTUSDT0.0083350.0100get 0.0050% / 4h1h 03m$8K$14K10x

Funding 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 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: −0.092% → 0.000%
−$9.21
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.21
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 66 min ago; Aster: no order-book sample. 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 Hyperliquid live order book, 66 min ago1.80 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GMT on 12 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
Kraken Futures PF_GMTUSD−0.0995%1h0.008345+0.021%$45K$10K20xas long as short
KuCoin GMTUSDTM+0.0036%4h0.008330−0.156%$252K$100K50xas long as short
Hyperliquid GMTlong+0.0100%1h0.008343long leg$123K$123K3x
Aster GMTUSDTshort+0.0100%4h0.008335−0.092%$8K$14K10x
Binance GMTUSDT+0.0100%4h0.008344+0.012%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008339−0.048%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.0083430.000%$345K$552K20xas long as short
Gate GMT_USDT+0.0100%8h0.008330−0.156%$146K$105K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008341−0.024%$422K$186K20xas long as short
Bitget GMTUSDT+0.0100%4h0.008336−0.084%$671K$400K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008333−0.120%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008326−0.205%$3K$5Kas long as short