Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Aster against Hyperliquid−0.056%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.056%, 7d avg −0.002%
=Together, before fees+0.209%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.054% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRX | 0.3466 | 0.0100 | pay 0.0013% / 1h | 53m 08s | $13.2M | $2.3M | 10x |
| Short | Aster TRXUSDT | 0.3464 | 0.0100 | get 0.0100% / 8h | 6h 53m | $957K | $668K | 75x |
Hyperliquid TRX
Aster TRXUSDTFunding 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
- $0
- Price spread: −0.056% → −0.002%
- −$5.41
- Slippage, 4 orders
- −$10.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$33.37
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Aster: live order book, 15 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, 10 min ago | 0.14 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 15 min ago | 0.14 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
TRX on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3464 | −0.052% | $5 | — | 20x | as long as short |
| KuCoin TRXUSDTM | −0.0053% | 8h | 0.3464 | −0.049% | $8.7M | $3.5M | 75x | as long as short |
| Phoenix TRX | −0.0046% | 1h | 0.3463 | −0.089% | $5K | $14K | 10x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3464 | −0.036% | $182K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3464 | −0.046% | $122K | — | 150x | as long as short |
| Backpack TRX_USDC_PERP | +0.0020% | 1h | 0.3463 | −0.081% | $59K | $4K | 10x | as long as short |
| Injective TRX/USDC PERP | +0.0033% | 1h | 0.3441 | −0.713% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | +0.0090% | 8h | 0.3461 | −0.137% | $565K | $37K | — | as long as short |
| Orderly PERP_TRX_USDC | +0.0093% | 8h | 0.3463 | −0.078% | $15K | $107K | 20x | as long as short |
| Paradex TRX-USD-PERP | +0.0095% | 8h | 0.3464 | −0.063% | $9K | $251 | 20x | as long as short |
Reya TRXRUSDPERP
KuCoin TRXUSDTM
Phoenix TRX
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Variational Omni TRX
Orderly PERP_TRX_USDC
Paradex TRX-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | +0.0096% | 1h | 0.3463 | −0.066% | $485K | $618K | 10x | as long as short |
| Hyperliquid TRXlong | +0.0100% | 1h | 0.3466 | long leg | $13.2M | $2.3M | 10x | |
| Aster TRXUSDTshort | +0.0100% | 8h | 0.3464 | −0.056% | $957K | $668K | 75x | |
| Binance TRXUSDT | +0.0100% | 8h | 0.3464 | −0.046% | $101.6M | $49.5M | 75x | as long as short |
| Bybit TRXUSDT | +0.0100% | 8h | 0.3464 | −0.035% | $55.1M | $8.8M | 75x | as long as short |
| OKX TRX-USDT-SWAP | +0.0100% | 8h | 0.3464 | −0.035% | $15.5M | $8.6M | 50x | as long as short |
| Gate TRX_USDT | +0.0100% | 8h | 0.3465 | −0.026% | $9.7M | $2.5M | 75x | as long as short |
| MEXC TRX_USDT | +0.0100% | 8h | 0.3464 | −0.040% | $18.6M | $1.9M | 200x | as long as short |
| Bitget TRXUSDT | +0.0100% | 8h | 0.3465 | −0.014% | $10.4M | $3.0M | 75x | as long as short |
| BingX TRX-USDC | +0.0100% | 8h | 0.3464 | −0.052% | — | $6.5M | — | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3461 | −0.142% | $590K | $440K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3463 | −0.078% | $115K | $568K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3461 | −0.150% | $197K | $985K | 30x | as long as short |
| SoDEX TRX-USD | +0.0100% | 1h | 0.3464 | −0.043% | $408 | $5K | 5x | as long as short |
| HTX TRX-USDT | +0.0100% | 8h | 0.3462 | −0.110% | $832K | $782K | 75x | as long as short |
| Phemex TRXUSDT | +0.0100% | 8h | 0.3464 | −0.049% | $3.9M | $1.6M | 50x | as long as short |
| Extended TRX-USD | +0.0104% | 1h | 0.3464 | −0.058% | $196K | $1.0M | 25x | as long as short |
| Aevo TRX-PERP | +0.0104% | 1h | 0.3462 | −0.113% | $34K | — | 3x | as long as short |
| BloFin TRX-USDT | +0.0220% | 8h | 0.3464 | −0.043% | $4.6M | $3.9M | 50x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0403% / S −0.0481% | 1h | 0.3464 | −0.056% | $20K | — | 100x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0525% | 1h | 0.3465 | −0.019% | $2.3M | $1.6M | 25x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0547% | 1h | 0.3467 | +0.039% | $785K | $424K | 25x | as long as short |
Lighter TRX
Binance TRXUSDT
Bybit TRXUSDT
OKX TRX-USDT-SWAP
Gate TRX_USDT
MEXC TRX_USDT
Bitget TRXUSDT
BingX TRX-USDC
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
SoDEX TRX-USD
HTX TRX-USDT
Phemex TRXUSDT
Extended TRX-USD
Aevo TRX-PERP
BloFin TRX-USDT
GMX TRX/USD [ETH-USDC]
Kraken Futures PF_TRXUSD
Deribit TRX_USDC-PERPETUAL