Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against Aster+0.001%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1081.075% of the position
Funding, last 6 days (all we have)+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.001%, 7d avg +0.034%
=Together, before fees+0.110%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.033% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1820 | 0.0100 | pay 0.0050% / 4h | 0m 24s | $159K | $150K | 10x |
| Short | Hyperliquid ZRO | 1.1820 | 0.0100 | get 0.0013% / 1h | 0m 24s | $37.4M | $5.3M | 5x |
Aster ZROUSDT
Hyperliquid ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aster. 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
- $0
- Price spread: +0.001% → +0.034%
- −$3.29
- Slippage, 4 orders
- −$90.52
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$110.81
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from Aster: live order book, 36 min ago; Hyperliquid: live order book, 3 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 Aster live order book, 36 min ago | 4.30 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.42 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0016% | 1h | 1.1816 | −0.034% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0005% | 1h | 1.1822 | +0.018% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0081% | 4h | 1.1810 | −0.083% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1832 | +0.103% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1813 | −0.054% | $1.3M | $128K | 5x | as long as short |
| Hyperliquid ZROshort | +0.0100% | 1h | 1.1820 | +0.001% | $37.4M | $5.3M | 5x | |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1820 | long leg | $159K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1812 | −0.064% | $139K | $165K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1805 | −0.121% | $22.1M | $28.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1802 | −0.150% | $18.1M | $13.2M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1808 | −0.099% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.167% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1807 | −0.108% | $19.4M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1818 | −0.015% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1801 | −0.159% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1805 | −0.125% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1801 | −0.155% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.171% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1819 | −0.006% | $100K | $811K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1801 | −0.162% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0113% | 1h | 1.1814 | −0.049% | $98K | $218K | 20x | as long as short |
| BloFin ZRO-USDT | +0.0141% | 4h | 1.1811 | −0.074% | $1.0M | $199K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1822 | +0.016% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0426% | 1h | 1.1828 | +0.066% | $265K | $302K | 25x | as long as short |
| Extended ZRO-USD | +0.0432% | 1h | 1.1809 | −0.092% | $807K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1850 | +0.256% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP