Funding arb · Price arb /

HYPER

all HYPER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster−0.095%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on MEXC

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: 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: MEXC is 0.095% cheaper against Aster 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HYPERUSDT	0.07422	0.0100	pay 0.0050% / 4h	2h 42m	$20K	$4K	5x
Short	MEXC HYPER_USDT	0.07415	0.0100	get 0.0050% / 4h	2h 42m	$258K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee AsterbpFee MEXCbpOrdersPrice spread, now −0.095%Rate

Funding earned: $0
Price spread: −0.095% → 0.000%: −$9.47
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$21.47
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 39 min ago. Net counts fees only.

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 no order-book sample	—	—	—	—	—
Sell MEXC live order book, 39 min ago	1.34 bp	10.8 bp −$11	67.8 bp −$678	203.3 bp −$20.3K	497.7 bp −$248.8K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HYPER_USDT	−0.0322%	4h	0.07420	−0.027%	$90K	$46K	50x	as long as short
KuCoin HYPERUSDTM	−0.0044%	4h	0.07413	−0.122%	$131K	$93K	30x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07419	−0.041%	$72K	$122K	3x	as long as short
Aster HYPERUSDTlong	+0.0100%	4h	0.07422	long leg	$20K	$4K	5x
Binance HYPERUSDT	+0.0100%	4h	0.07418	−0.054%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07417	−0.068%	$1.2M	$705K	25x	as long as short
MEXC HYPER_USDTshort	+0.0100%	4h	0.07415	−0.095%	$258K	$130K	20x
Bitget HYPERUSDT	+0.0100%	4h	0.07422	0.000%	$310K	$262K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07413	−0.121%	$7K	$1K	—	as long as short
BloFin HYPER-USDT	+0.0104%	4h	0.07409	−0.176%	$190K	$22K	50x	as long as short