Funding arb · Price arb /

HYPER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: Aster against KuCoin+0.176%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.176% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HYPERUSDTM	0.07494	0.0100	pay 0.0050% / 4h	3h 13m	$97K	$77K	30x
Short	Aster HYPERUSDT	0.07507	0.0100	get 0.0050% / 4h	3h 13m	$20K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0
Price spread: +0.176% → 0.000%: $17.56
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$2.44
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 70 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 KuCoin live order book, 70 min ago	10.09 bp	327.4 bp −$327	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.

HYPER on 10 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
Bybit HYPERUSDT	−0.0101%	4h	0.07507	+0.173%	$1.2M	$760K	25x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07512	+0.234%	$75K	$119K	3x	as long as short
Aster HYPERUSDTshort	+0.0100%	4h	0.07507	+0.176%	$20K	$4K	5x
Binance HYPERUSDT	+0.0100%	4h	0.07507	+0.173%	$2.0M	$2.3M	50x	as long as short
Gate HYPER_USDT	+0.0100%	4h	0.07500	+0.080%	$91K	$34K	50x	as long as short
MEXC HYPER_USDT	+0.0100%	4h	0.07510	+0.214%	$239K	$126K	20x	as long as short
KuCoin HYPERUSDTMlong	+0.0100%	4h	0.07494	long leg	$97K	$77K	30x
Bitget HYPERUSDT	+0.0100%	4h	0.07507	+0.173%	$310K	$266K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07505	+0.152%	$6K	$1K	—	as long as short
BloFin HYPER-USDT	+0.0160%	4h	0.07502	+0.107%	$191K	$15K	50x	as long as short