Funding arb · Price arb /

HYPER

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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: Aster against Bitget+0.034%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aster

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: Aster is 0.034% dearer against Bitget than usual: you sell high and buy low, +$3 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	Bitget HYPERUSDT	0.07423	0.0100	pay 0.0050% / 4h	1h 25m	$310K	$259K	50x
Short	Aster HYPERUSDT	0.07426	0.0100	get 0.0050% / 4h	1h 25m	$20K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → 0.000%: $3.38
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.62
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 50 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 50 min ago	6.05 bp	31.1 bp −$31	82.2 bp −$822	doesn't fit	doesn'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.

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
KuCoin HYPERUSDTM	−0.0142%	4h	0.07409	−0.189%	$127K	$93K	30x	as long as short
Gate HYPER_USDT	−0.0008%	4h	0.07420	−0.040%	$90K	$46K	50x	as long as short
BloFin HYPER-USDT	+0.0051%	4h	0.07417	−0.081%	$189K	$22K	50x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07426	+0.040%	$71K	$120K	3x	as long as short
Aster HYPERUSDTshort	+0.0100%	4h	0.07426	+0.034%	$20K	$4K	5x
Binance HYPERUSDT	+0.0100%	4h	0.07424	+0.018%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07424	+0.013%	$1.2M	$699K	25x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07422	−0.013%	$255K	$130K	20x	as long as short
Bitget HYPERUSDTlong	+0.0100%	4h	0.07423	long leg	$310K	$259K	50x
Variational Omni HYPER	+0.0100%	4h	0.07425	+0.021%	$7K	$1K	—	as long as short