Funding you earn now, next payment 01:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.011%
Price spread now: Aster against Hyperliquid−0.098%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 −$9 a day on $10k at the current rate, and Aster is 0.098% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 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 ZORA | 0.008430 | 0.0407 | pay 0.0051% / 1h | 49m 32s | $1.6M | $315K | 3x |
| Short | Aster ZORAUSDT | 0.008422 | 0.0100 | get 0.0050% / 4h | 3h 49m | $26K | $26K | 5x |
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
- −$64.52
- Price spread: −0.098% → 0.000%
- −$9.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$91.29
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 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, 11 min ago | 0.59 bp | doesn't fit | 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.
ZORA on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008417 | −0.150% | $310 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008412 | −0.214% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008404 | −0.308% | $21K | $11K | 3x | as long as short |
| Aster ZORAUSDTshort | +0.0100% | 4h | 0.008422 | −0.098% | $26K | $26K | 5x | |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008417 | −0.154% | $2.5M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008404 | −0.308% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008408 | −0.261% | $766K | $987K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008410 | −0.237% | $155K | $71K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008417 | −0.154% | $9.8M | $226K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008421 | −0.107% | $774K | $1.2M | 30x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008417 | −0.154% | $723K | $211K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008415 | −0.178% | $34K | $114K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008413 | −0.199% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008600 | +2.017% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008416 | −0.166% | $9K | $168K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008414 | −0.190% | $1K | — | 100x | as long as short |
| Hyperliquid ZORAlong | +0.0407% | 1h | 0.008430 | long leg | $1.6M | $315K | 3x |
Hyperliquid ZORA
Aster ZORAUSDT
BingX ZORA-USDT
Lighter ZORA
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]