ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.063%

Price spread now: Nado against Hyperliquid−0.294%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on Hyperliquid Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.087%−$9 on $10k

Price spread, last 3 days (all we have)+0.333%+$33 · spread now −0.294%, 7d avg −0.058%

Together, before fees+0.246%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.236% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.058%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ASTER	0.7477	0.0220	pay 0.0028% / 1h	10m 46s	$26.0M	$6.5M	5x
Short	Nado ASTER-PERP	0.7455	0.0100	get 0.0012% / 1h	10m 46s	$373K	$254K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.294%Rate

Funding earned: −$25.23
Price spread: −0.294% → −0.058%: −$23.59
Slippage, 4 orders: −$18.55
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$83.37
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 2 min ago; Nado: live order book, 62 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, 2 min ago	1.21 bp	8.0 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 62 min ago	0.94 bp	8.6 bp −$9	25.8 bp −$258	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-INTX	−0.0080%	1h	0.7456	−0.280%	$265K	$853K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7455	−0.300%	$56.4M	$99.6M	200x	as long as short
dYdX ASTER-USD	0.0000%	1h	0.7453	−0.328%	$13K	$61	5x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7452	−0.333%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7453	−0.326%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	−1.164%	$9	$133K	5.5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0075%	1h	0.7456	−0.277%	$342K	$496K	20x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7452	−0.334%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7456	−0.284%	$919K	$881K	5x	as long as short
01 Exchange ASTERUSD	+0.0096%	1h	0.7458	−0.254%	$8K	$4K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ASTER-PERPshort	+0.0100%	1h	0.7455	−0.294%	$373K	$254K	5x
Pacifica ASTER	+0.0100%	1h	0.7459	−0.245%	$255K	$68K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7462	−0.203%	$91.8M	$107.7M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7464	−0.174%	$49.8M	$22.1M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7469	−0.107%	$12.2M	$18.3M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7460	−0.227%	$6.5M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7460	−0.227%	$35.7M	$17.1M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7460	−0.234%	$11.1M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7469	−0.107%	$18.4M	$6.5M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7468	−0.120%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7453	−0.322%	$217K	$450K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7451	−0.344%	$2.1M	$370K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7461	−0.221%	$463K	$3.7M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7460	−0.227%	$67K	$713K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7462	−0.201%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7451	−0.348%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7451	−0.348%	$244K	$110K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7463	−0.188%	$373K	$641K	25x	as long as short
edgeX ASTERUSDC	+0.0119%	4h	0.7455	−0.295%	$215K	$2.0M	10x	as long as short
Hyperliquid ASTERlong	+0.0220%	1h	0.7477	long leg	$26.0M	$6.5M	5x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7453	−0.327%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7457	−0.267%	$3.5M	$1.8M	75x	as long as short