Funding you earn now, next payment 23:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.233%
Price spread now: Aster against Hyperliquid−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.477%−$48 on $10k
+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 −$6 a day on $10k at the current rate, and Aster is 0.123% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 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 SKY | 0.07112 | 0.0314 | pay 0.0039% / 1h | 3m 22s | $3.0M | $928K | 3x |
| Short | Aster SKYUSDT | 0.07103 | 0.0100 | get 0.0050% / 4h | 1h 03m | $43K | $36K | 20x |
Funding 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
- −$44.91
- Price spread: −0.123% → 0.000%
- −$12.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$74.24
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 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, 8 min ago | 3.66 bp | 15.2 bp −$15 | 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.
SKY 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0652% | 4h | 0.07080 | −0.454% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0240% | 4h | 0.07098 | −0.194% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +0.846% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0081% | 1h | 0.07103 | −0.127% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07104 | −0.103% | $186K | $163K | 10x | as long as short |
| Aster SKYUSDTshort | +0.0100% | 4h | 0.07103 | −0.123% | $43K | $36K | 20x | |
| Binance SKYUSDT | +0.0100% | 4h | 0.07100 | −0.170% | $16.2M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07094 | −0.250% | $854K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07100 | −0.166% | $606K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07102 | −0.138% | $1.1M | $290K | 100x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07106 | −0.082% | $430K | $289K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07102 | −0.138% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07096 | −0.222% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07083 | −0.405% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07101 | −0.145% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0138% | 4h | 0.07103 | −0.124% | $594K | $29K | 75x | as long as short |
| Hyperliquid SKYlong | +0.0314% | 1h | 0.07112 | long leg | $3.0M | $928K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0528% / S −0.0248% | 1h | 0.07098 | −0.197% | $84K | — | 50x | as long as short |
Hyperliquid SKY
Aster SKYUSDT
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]