ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.140%

Price spread now: Coinbase International against Hyperliquid−0.088%7-day average −0.150% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Hyperliquid Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.408%−$41 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now −0.088%, 7d avg −0.150%

Together, before fees−0.628%+ Points / potential airdropHyperliquid: Season 2 · farm board−$63 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.062% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.150%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ASTER	0.7252	0.0100	pay 0.0013% / 1h	1m 54s	$24.6M	$7.8M	5x
Short	Coinbase International ASTER-PERP-INTX	0.7246	−0.0072	pay 0.0009% / 1h	1m 54s	$256K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Coinbase InternationalbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$36.12
Price spread: −0.088% → −0.150%: $6.19
Slippage, 4 orders: −$21.64
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$70.57
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 11 min ago; Coinbase International: live order book, 1 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, 11 min ago	0.28 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.66 bp	13.9 bp −$14	20.1 bp −$201	doesn't fit	doesn't fit

ASTER 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
Coinbase International ASTER-PERP-INTXshort	−0.0072%	1h	0.7246	−0.088%	$256K	$1.0M	50x
01 Exchange ASTERUSD	−0.0008%	1h	0.7249	−0.044%	$8K	$4K	10x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7241	−0.151%	$52.6M	$110.7M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7246	−0.091%	$14K	$1K	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7252	+0.004%	$11K	$72K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0005%	1h	0.7250	−0.029%	$23K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+1.900%	$9	$133K	5.5x	as long as short
Orderly PERP_ASTER_USDC	+0.0066%	4h	0.7256	+0.052%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7253	+0.010%	$877K	$922K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7245	−0.099%	$353K	$272K	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTERlong	+0.0100%	1h	0.7252	long leg	$24.6M	$7.8M	5x
Pacifica ASTER	+0.0100%	1h	0.7248	−0.061%	$252K	$81K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7246	−0.082%	$88.9M	$120.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7247	−0.072%	$48.6M	$25.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7249	−0.044%	$12.2M	$19.8M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7243	−0.127%	$6.3M	$5.7M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7237	−0.210%	$33.2M	$20.0M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7239	−0.182%	$10.8M	$3.3M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7248	−0.058%	$17.7M	$7.6M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7247	−0.072%	—	$9.9M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7250	−0.028%	$209K	$494K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7237	−0.206%	$2.0M	$401K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7248	−0.058%	$445K	$4.0M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7220	−0.444%	$98K	$731K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7257	+0.066%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7252	−0.003%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7251	−0.017%	$241K	$142K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7241	−0.155%	$361K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0112%	4h	0.7224	−0.393%	$210K	$2.1M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0284%	1h	0.7257	+0.066%	$343K	$586K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0303% / S −0.0215%	1h	0.7251	−0.010%	$27K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7242	−0.141%	$3.5M	$2.1M	75x	as long as short