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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ASTER | 0.7423 | 0.0145 | pay 0.0018% / 1h | 12m 39s | $25.8M | $6.8M | 5x |
| Short | Deribit ASTER_USDC-PERPETUAL | 0.7410 | 0 | get 0.0000% / 1h | 12m 39s | $11K | $87K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 0.07 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ASTER-PERP-INTX | −0.0136% | 1h | 0.7393 | −0.405% | $260K | $837K | 50x | as long as short |
| Aster ASTERUSDT | 0.0000% | 4h | 0.7413 | −0.139% | $56.6M | $99.8M | 200x | as long as short |
| Deribit ASTER_USDC-PERPETUALshort | 0.0000% | 1h | 0.7410 | −0.183% | $11K | $87K | 25x | |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0007% | 1h | 0.7410 | −0.176% | $30K | — | 150x | as long as short |
| Injective ASTER/USDC PERP | +0.0023% | 1h | 0.7390 | −0.449% | $9 | $133K | 5.5x | as long as short |
| dYdX ASTER-USD | +0.0060% | 1h | 0.7412 | −0.158% | $13K | $61 | 5x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7418 | −0.075% | $918K | $878K | 5x | as long as short |
| Nado ASTER-PERP | +0.0100% | 1h | 0.7413 | −0.132% | $372K | $271K | 5x | as long as short |
| Pacifica ASTER | +0.0100% | 1h | 0.7416 | −0.101% | $254K | $107K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7414 | −0.131% | $90.8M | $106.8M | 75x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ASTERUSDT | +0.0100% | 4h | 0.7413 | −0.139% | $49.6M | $21.8M | 75x | as long as short |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7417 | −0.085% | $12.0M | $18.5M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7416 | −0.098% | $6.3M | $5.0M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7411 | −0.166% | $34.6M | $16.4M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7413 | −0.143% | $11.0M | $3.1M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7412 | −0.152% | $18.2M | $6.4M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7415 | −0.112% | — | $9.6M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7412 | −0.158% | $264K | $326K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7412 | −0.158% | $2.1M | $366K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7411 | −0.166% | $462K | $3.8M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7416 | −0.098% | $66K | $718K | 50x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0100% | 4h | 0.7417 | −0.085% | $14K | $845 | 10x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7415 | −0.112% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7409 | −0.193% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7414 | −0.125% | $242K | $119K | 20x | as long as short |
| Extended ASTER-USD | +0.0104% | 1h | 0.7413 | −0.132% | $376K | $635K | 25x | as long as short |
| edgeX ASTERUSDC | +0.0107% | 4h | 0.7409 | −0.187% | $214K | $1.9M | 10x | as long as short |
| 01 Exchange ASTERUSD | +0.0136% | 1h | 0.7418 | −0.071% | $8K | $4K | 10x | as long as short |
| Hyperliquid ASTERlong | +0.0145% | 1h | 0.7423 | long leg | $25.8M | $6.8M | 5x | |
| Kraken Futures PF_ASTERUSD | +0.0147% | 1h | 0.7412 | −0.147% | $335K | $489K | 20x | as long as short |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0304% / S −0.0215% | 1h | 0.7410 | −0.178% | $28K | — | 100x | as long as short |
| BloFin ASTER-USDT | +0.0340% | 4h | 0.7411 | −0.166% | $3.4M | $1.9M | 75x | as long as short |
Hyperliquid ASTER
Deribit ASTER_USDC-PERPETUAL
Coinbase International ASTER-PERP-INTX
Aster ASTERUSDT
gTrade (Gains Network) ASTER/USD
Injective ASTER/USDC PERP
Lighter ASTER
Pacifica ASTER
Binance ASTERUSDT
Bybit ASTERUSDT
OKX ASTER-USDT-SWAP
Gate ASTER_USDT
MEXC ASTER_USDT
KuCoin ASTERUSDTM
Bitget ASTERUSDT
BingX ASTER-USDT
Backpack ASTER_USDC_PERP
Variational Omni ASTER
GRVT ASTER_USDT_Perp
ApeX Omni ASTERUSDT
SunX ASTER-USDT
SoDEX ASTER-USD
HTX ASTER-USDT
Extended ASTER-USD
edgeX ASTERUSDC
01 Exchange ASTERUSD
Kraken Futures PF_ASTERUSD
GMX ASTER/USD [WBTC.b-USDC]
BloFin ASTER-USDT