Funding arb · Price arb /

HYPER

all HYPER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: Aster against KuCoin+0.114%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 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 0.114% dearer against KuCoin than usual: you sell high and buy low, +$11 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	KuCoin HYPERUSDTM	0.07498	0.0100	pay 0.0050% / 4h	3h 09m	$111K	$82K	30x
Short	Aster HYPERUSDT	0.07507	0.0100	get 0.0050% / 4h	3h 09m	$20K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.114%Rate

Funding earned: $0
Price spread: +0.114% → 0.000%: $11.43
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$8.57
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 55 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 KuCoin live order book, 55 min ago	11.29 bp	874.7 bp −$875	doesn't fit	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
Hyperliquid HYPER	+0.0100%	1h	0.07498	0.000%	$74K	$132K	3x	as long as short
Aster HYPERUSDTshort	+0.0100%	4h	0.07507	+0.114%	$20K	$4K	5x
Binance HYPERUSDT	+0.0100%	4h	0.07502	+0.050%	$2.0M	$2.3M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07502	+0.053%	$1.2M	$783K	25x	as long as short
Gate HYPER_USDT	+0.0100%	4h	0.07500	+0.027%	$91K	$44K	50x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07493	−0.067%	$237K	$130K	20x	as long as short
KuCoin HYPERUSDTMlong	+0.0100%	4h	0.07498	long leg	$111K	$82K	30x
Bitget HYPERUSDT	+0.0100%	4h	0.07505	+0.093%	$319K	$272K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07514	+0.215%	$6K	$1K	—	as long as short
BloFin HYPER-USDT	+0.0144%	4h	0.07508	+0.133%	$190K	$24K	50x	as long as short