Funding you earn now, next payment 02:00 UTC−0.0395%/8h= −43.2% APRpaid last 24h −0.032%
Price spread now: Aster against Hyperliquid−0.270%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 5 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.270%, 7d avg −0.104%
=Together, before fees+0.169%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.166% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.030% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAS | 0.04417 | 0.0495 | pay 0.0062% / 1h | 52m 50s | $2.8M | $1.0M | 3x |
| Short | Aster KASUSDT | 0.04405 | 0.0100 | get 0.0050% / 4h | 2h 52m | $260K | $169K | 20x |
Hyperliquid KAS
Aster KASUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$82.92
- Price spread: −0.270% → −0.104%
- −$16.62
- Slippage, 4 orders
- −$108.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$225.34
- Costs to cover
- 1.258%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Aster: live order book, 14 min ago.
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 Hyperliquid live order book, 8 min ago | 5.34 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 14 min ago | 11.36 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S 0.0000% | 1h | 0.04402 | −0.342% | $3K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −1.270% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDTshort | +0.0100% | 4h | 0.04405 | −0.270% | $260K | $169K | 20x | |
| Binance KASUSDT | +0.0100% | 4h | 0.04417 | −0.008% | $4.1M | $11.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04413 | −0.093% | $10.9M | $7.3M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04401 | −0.364% | $2.2M | $1.7M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04411 | −0.138% | $28.8M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04414 | −0.075% | $4.3M | $6.9M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04413 | −0.093% | $12.2M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04415 | −0.048% | — | $67.9M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04389 | −0.629% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0292% / S −0.5848% | 1h | 0.04403 | −0.331% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04404 | −0.297% | $382K | $289K | 75x | as long as short |
| Hyperliquid KASlong | +0.0495% | 1h | 0.04417 | long leg | $2.8M | $1.0M | 3x | |
| Kraken Futures PF_KASUSD | +0.0724% | 1h | 0.04406 | −0.260% | $309K | $468K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD