Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01269 | +0.0100 | pay 0.0013% / 1h | 16m 16s | $3.2M | $449K | 5x | Long Hyperliquid4% off | |
| SHORT | 0.01286 | +0.0100 | get 0.0050% / 4h | 3h 16m | $75K | $19K | 10x | Short Aster≤10% back |
Price gap+1.374%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$137 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$70.0000% /8h now · paid −0.069% over the last 7D
Price—spread +1.374% now · no price history on both exchanges yet
Costs−$6,27762.774% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both price histories
Price and funding
1h · historyEntry / 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+1.374%
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
/8hW on 18 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size17.2 / 163.8 bpAt $10k entering Aster costs 163.8 bp, fee and slippage, 9.5× Hyperliquid’s.
- Note: Margin at max leverage$2,000 + $1,000Hyperliquid 5x, Aster 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Hyperliquid: 24 payments, −$3.00; short Aster: 6 payments, +$3.00.
- Note: No 7-day spread history+1.374%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$75K vs $3.2M OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · Aster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0033%/8h × 21 periods−$6.87
Price spread+1.374% → 0+$137.41
Slippage, 4 orderslive order books−$6,260.40
Fee Hyperliquid bp × 2 orders−$9.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$6,146.86
Costs to cover62.774%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 4 min ago; Aster: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid3.9317.2 bp−$1736.0 bp−$360doesn’t fitdoesn’t fit
SELL · SHORTAster152.45163.8 bp−$164doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 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 |
Arcus