Funding you earn now, next payment 02:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against Aster−0.017%7-day average +0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.017%, 7d avg +0.074%
=Together, before fees+0.076%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.091% cheaper against Aster than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.074%). If the spread goes back, that is −$9 on $10k: about 10 days of funding at the current rate (+$1 a day). At the pace of the last 5 days (+0.019% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORDIUSDT | 4.8928 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $13K | $426K | 5x |
| Short | Hyperliquid ORDI | 4.8920 | 0.0130 | get 0.0016% / 1h | 10m 01s | $706K | $661K | 3x |
Aster ORDIUSDT
Hyperliquid ORDIFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.34
- Price spread: −0.017% → +0.074%
- −$9.14
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.8
- Costs to cover
- 0.170%
- Break-even
- 28.9 days
Slippage unknown: Aster: live order book, 57 min ago; Hyperliquid: live order book, 40 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 live order book, 57 min ago | 5.02 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 40 min ago | 1.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ORDI on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8913 | −0.032% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.905% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDTlong | +0.0100% | 4h | 4.8928 | long leg | $13K | $426K | 5x | |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8862 | −0.136% | $10.0M | $33.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8820 | −0.222% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8800 | −0.262% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8900 | −0.058% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8840 | −0.181% | $7.0M | $3.5M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8874 | −0.111% | $932K | $877K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8850 | −0.160% | $2.9M | $3.5M | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDC | +0.0100% | 4h | 4.8880 | −0.099% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8941 | +0.027% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.140% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.119% | $79K | $383K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8846 | −0.168% | $3K | $194K | 5x | as long as short |
| Hyperliquid ORDIshort | +0.0130% | 1h | 4.8920 | −0.017% | $706K | $661K | 3x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8814 | −0.234% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3066% | 1h | 4.8777 | −0.309% | $72K | $47K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD