Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Aster−0.053%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.053% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPERUSDT0.075270.0100pay 0.0050% / 4h50m 22s$20K$4K5x
ShortBloFin HYPER-USDT0.075230.0066get 0.0033% / 4h50m 22s$193K$21K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Funding earned
−$7.13
Price spread: −0.053% → 0.000%
−$5.28
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.41
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 47 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BloFin live order book, 47 min ago1.99 bp24.6 bp −$2570.7 bp −$707doesn't fitdoesn't fit
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.

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTM−0.0050%4h0.07518−0.119%$106K$89K30xas long as short
BloFin HYPER-USDTshort+0.0066%4h0.07523−0.053%$193K$21K50x
Hyperliquid HYPER+0.0100%1h0.07520−0.095%$71K$131K3xas long as short
Aster HYPERUSDTlong+0.0100%4h0.07527long leg$20K$4K5x
Binance HYPERUSDT+0.0100%4h0.07518−0.123%$2.0M$2.2M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07521−0.079%$1.2M$810K25xas long as short
Gate HYPER_USDT+0.0100%4h0.07530+0.040%$87K$42K50xas long as short
MEXC HYPER_USDT+0.0100%4h0.07518−0.119%$237K$129K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07524−0.039%$313K$283K50xas long as short
Variational Omni HYPER+0.0100%4h0.07524−0.044%$6K$1Kas long as short