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

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Aster−0.078%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 airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.078% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPERUSDT0.074290.0100pay 0.0050% / 4h1h 58m$20K$4K5x
ShortHyperliquid HYPER0.074230.0100get 0.0013% / 1h58m 09s$72K$121K3x

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: −0.078% → 0.000%
−$7.78
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$24.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 11 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 no order-book sample
Sell Hyperliquid live order book, 11 min ago1.55 bp19.2 bp −$19doesn't fitdoesn't fitdoesn't fit
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.

HYPER on 10 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
Gate HYPER_USDT−0.0180%4h0.07420−0.125%$90K$46K50xas long as short
KuCoin HYPERUSDTM−0.0160%4h0.07406−0.313%$131K$93K30xas long as short
Hyperliquid HYPERshort+0.0100%1h0.07423−0.078%$72K$121K3x
Aster HYPERUSDTlong+0.0100%4h0.07429long leg$20K$4K5x
Binance HYPERUSDT+0.0100%4h0.07421−0.111%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07429−0.004%$1.1M$704K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07422−0.098%$258K$128K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07426−0.044%$310K$262K50xas long as short
Variational Omni HYPER+0.0100%4h0.07410−0.257%$7K$1Kas long as short
BloFin HYPER-USDT+0.0129%4h0.07418−0.152%$190K$23K50xas long as short