W

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterWUSDT	0.01272	+0.0100	pay 0.0050% / 4h	2h 29m	$74K	$19K	10x	Long Aster≤10% back
SHORT	HyperliquidW	0.01270	+0.0100	get 0.0013% / 1h	29m 49s	$3.2M	$448K	5x	Short Hyperliquid4% off

Price gap−0.162%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.162% under zero (no 7-day history yet): the price leg works against you, −$16 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$70.0000% /8h now · paid +0.075% over the last 7D

Price—spread −0.162% now · no price history on both exchanges yet

Costs−$6,28162.813% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.162%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

W on 18 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size6084.6 / 15.6 bp
At $10k entering Aster costs 6084.6 bp, fee and slippage, 390.6× Hyperliquid’s.
Note: Margin at max leverage$1,000 + $2,000
Aster 10x, Hyperliquid 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 6 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
Note: No 7-day spread history−0.162%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$74K vs $3.2M OI
Aster sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5 · Hyperliquid Season 2
Volume here counts toward the points program.
OK: No KYC on either legAster No · Hyperliquid No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0036%/8h × 21 periods+$7.46

Price spread−0.162% → 0−$16.17

Slippage, 4 orderslive order books−$6,264.30

Fee Aster bp × 2 orders−$8.00

Fee Hyperliquid bp × 2 orders−$9.00

Net · 7 days · $10k−$6,290.01

Costs to cover62.813%Break-even5910.6 days

Slippage: Aster: live order book, 52 min ago; Hyperliquid: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAster152.456084.6 bp−$6,085doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTHyperliquid3.9115.6 bp−$1638.3 bp−$383doesn’t fitdoesn’t fit

Closing costs about the same again.

W news

posts that mention W, from every exchangeSearch all news →

10-14 03:49	Arcus	Listing	$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-14 03:30	Arcus	Listing	$W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗
10-13 19:59	Arcus	Listing	new market W-USD ($W) seen by our collector
10-12 15:17	Aster	Listing	New perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗
10-12 14:13	Aster	Listing	new market WUSDT ($W) seen by our collector

W