Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.3% APRpaid last 24h −0.009%
Price spread now: Aster against Hyperliquid−0.084%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06473 | 0.0100 | pay 0.0013% / 1h | 8m 54s | $2.3M | $1.8M | 5x |
| Short | Aster PYTHUSDT | 0.06467 | 0.0069 | get 0.0035% / 4h | 8m 54s | $21K | $45K | 10x |
Hyperliquid PYTH
Aster PYTHUSDTFunding 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
- −$6.41
- Price spread: −0.084% → 0.000%
- −$8.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.77
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 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 Hyperliquid live order book, 2 min ago | 3.78 bp | 27.3 bp −$27 | 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.
PYTH on 23 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 PYTH_USDT | −0.0074% | 4h | 0.06454 | −0.286% | $1.1M | $519K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0059% | 1h | 0.06469 | −0.054% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06471 | −0.027% | $192K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.283% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0060% | 4h | 0.06464 | −0.131% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0061% | 4h | 0.06461 | −0.178% | $9.3M | $18.3M | 75x | as long as short |
| Aster PYTHUSDTshort | +0.0069% | 4h | 0.06467 | −0.084% | $21K | $45K | 10x | |
| Lighter PYTH | +0.0096% | 1h | 0.06471 | −0.023% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06465 | −0.114% | $23K | — | 3x | as long as short |
| BloFin PYTH-USDT | +0.0099% | 4h | 0.06462 | −0.162% | $431K | $81K | 75x | as long as short |
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Binance PYTHUSDT
Lighter PYTH
Aevo PYTH-PERP
BloFin PYTH-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06467 | −0.083% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06473 | long leg | $2.3M | $1.8M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06462 | −0.162% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06463 | −0.147% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06465 | −0.116% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06460 | −0.193% | $2.8M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06461 | −0.178% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06471 | −0.020% | $37K | $60K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06472 | −0.003% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06470 | −0.031% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06493 | +0.317% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06469 | −0.055% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0405% | 1h | 0.06473 | +0.004% | $399K | $294K | 25x | as long as short |
Paradex PYTH-USD-PERP
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD