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

ASTER

all ASTER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0145%/8h= −15.9% APRnext payment $0.18 per $10,000 · paid last 24h −0.107%
Price spread now: Deribit against Hyperliquid−0.183%7-day average −0.115% · 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 7 days−0.420%−$42 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.183%, 7d avg −0.115%
Together, before fees−0.414%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 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 Deribit is 0.069% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.115%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ASTER0.74230.0145pay 0.0018% / 1h12m 39s$25.8M$6.8M5x
ShortDeribit ASTER_USDC-PERPETUAL0.74100get 0.0000% / 1h12m 39s$11K$87K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$30.46
Price spread: −0.183% → −0.115%
−$6.85
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$53.31
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago0.07 bp9.5 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.

ASTER on 32 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
Coinbase International ASTER-PERP-INTX−0.0136%1h0.7393−0.405%$260K$837K50xas long as short
Aster ASTERUSDT0.0000%4h0.7413−0.139%$56.6M$99.8M200xas long as short
Deribit ASTER_USDC-PERPETUALshort0.0000%1h0.7410−0.183%$11K$87K25x
gTrade (Gains Network) ASTER/USDL +0.0006% / S −0.0007%1h0.7410−0.176%$30K150xas long as short
Injective ASTER/USDC PERP+0.0023%1h0.7390−0.449%$9$133K5.5xas long as short
dYdX ASTER-USD+0.0060%1h0.7412−0.158%$13K$615xas long as short
Lighter ASTER+0.0096%1h0.7418−0.075%$918K$878K5xas long as short
Nado ASTER-PERP+0.0100%1h0.7413−0.132%$372K$271K5xas long as short
Pacifica ASTER+0.0100%1h0.7416−0.101%$254K$107K10xas long as short
Binance ASTERUSDT+0.0100%4h0.7414−0.131%$90.8M$106.8M75xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ASTERUSDT+0.0100%4h0.7413−0.139%$49.6M$21.8M75xas long as short
OKX ASTER-USDT-SWAP+0.0100%4h0.7417−0.085%$12.0M$18.5M50xas long as short
Gate ASTER_USDT+0.0100%4h0.7416−0.098%$6.3M$5.0M75xas long as short
MEXC ASTER_USDT+0.0100%4h0.7411−0.166%$34.6M$16.4M100xas long as short
KuCoin ASTERUSDTM+0.0100%4h0.7413−0.143%$11.0M$3.1M75xas long as short
Bitget ASTERUSDT+0.0100%4h0.7412−0.152%$18.2M$6.4M50xas long as short
BingX ASTER-USDT+0.0100%4h0.7415−0.112%$9.6Mas long as short
Backpack ASTER_USDC_PERP+0.0100%1h0.7412−0.158%$264K$326K10xas long as short
Variational Omni ASTER+0.0100%4h0.7412−0.158%$2.1M$366Kas long as short
GRVT ASTER_USDT_Perp+0.0100%4h0.7411−0.166%$462K$3.8M10xas long as short
ApeX Omni ASTERUSDT+0.0100%1h0.7416−0.098%$66K$718K50xas long as short
Orderly PERP_ASTER_USDC+0.0100%4h0.7417−0.085%$14K$84510xas long as short
SunX ASTER-USDT+0.0100%4h0.7415−0.112%$2K$1.7M20xas long as short
SoDEX ASTER-USD+0.0100%1h0.7409−0.193%$13K$8K5xas long as short
HTX ASTER-USDT+0.0100%4h0.7414−0.125%$242K$119K20xas long as short
Extended ASTER-USD+0.0104%1h0.7413−0.132%$376K$635K25xas long as short
edgeX ASTERUSDC+0.0107%4h0.7409−0.187%$214K$1.9M10xas long as short
01 Exchange ASTERUSD+0.0136%1h0.7418−0.071%$8K$4K10xas long as short
Hyperliquid ASTERlong+0.0145%1h0.7423long leg$25.8M$6.8M5x
Kraken Futures PF_ASTERUSD+0.0147%1h0.7412−0.147%$335K$489K20xas long as short
GMX ASTER/USD [WBTC.b-USDC]L +0.0304% / S −0.0215%1h0.7410−0.178%$28K100xas long as short
BloFin ASTER-USDT+0.0340%4h0.7411−0.166%$3.4M$1.9M75xas long as short