Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.063%
Price spread now: Nado against Hyperliquid−0.101%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.645%+$65 · spread now −0.101%, 7d avg −0.060%
=Together, before fees+0.555%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.040% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ASTER | 0.7343 | 0.0214 | pay 0.0027% / 1h | 0m 44s | $25.2M | $8.1M | 5x |
| Short | Nado ASTER-PERP | 0.7335 | 0.0100 | get 0.0012% / 1h | 0m 44s | $346K | $293K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$23.92
- Price spread: −0.101% → −0.060%
- −$4.03
- Slippage, 4 orders
- −$16.01
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$59.96
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Nado: live order book, 37 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 Hyperliquid live order book, 2 min ago | 0.48 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 37 min ago | 1.50 bp | 9.0 bp −$9 | 22.9 bp −$229 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ASTERUSDT | 0.0000% | 4h | 0.7334 | −0.121% | $51.7M | $112.5M | 200x | as long as short |
| dYdX ASTER-USD | 0.0000% | 1h | 0.7338 | −0.073% | $14K | $1K | 5x | as long as short |
| Deribit ASTER_USDC-PERPETUAL | 0.0000% | 1h | 0.7337 | −0.082% | $11K | $56K | 25x | as long as short |
| gTrade (Gains Network) ASTER/USD | L +0.0006% / S −0.0005% | 1h | 0.7339 | −0.059% | $24K | — | 150x | as long as short |
| Coinbase International ASTER-PERP-INTX | +0.0016% | 1h | 0.7340 | −0.035% | $255K | $1.3M | 50x | as long as short |
| Extended ASTER-USD | +0.0032% | 1h | 0.7338 | −0.063% | $367K | $654K | 25x | as long as short |
| Injective ASTER/USDC PERP | +0.0033% | 1h | 0.7390 | +0.641% | $9 | $133K | 5.5x | as long as short |
| 01 Exchange ASTERUSD | +0.0064% | 1h | 0.7334 | −0.121% | $6K | $7K | 10x | as long as short |
| Orderly PERP_ASTER_USDC | +0.0081% | 4h | 0.7337 | −0.080% | $13K | $1K | 10x | as long as short |
| Lighter ASTER | +0.0096% | 1h | 0.7339 | −0.049% | $888K | $921K | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ASTER-PERPshort | +0.0100% | 1h | 0.7335 | −0.101% | $346K | $293K | 5x | |
| Pacifica ASTER | +0.0100% | 1h | 0.7339 | −0.059% | $258K | $113K | 10x | as long as short |
| Binance ASTERUSDT | +0.0100% | 4h | 0.7336 | −0.099% | $92.7M | $130.8M | 75x | as long as short |
| Bybit ASTERUSDT | +0.0100% | 4h | 0.7334 | −0.121% | $49.6M | $26.2M | 75x | as long as short |
| OKX ASTER-USDT-SWAP | +0.0100% | 4h | 0.7336 | −0.094% | $12.4M | $22.4M | 50x | as long as short |
| Gate ASTER_USDT | +0.0100% | 4h | 0.7339 | −0.053% | $6.3M | $5.9M | 75x | as long as short |
| MEXC ASTER_USDT | +0.0100% | 4h | 0.7336 | −0.094% | $35.0M | $21.0M | 100x | as long as short |
| KuCoin ASTERUSDTM | +0.0100% | 4h | 0.7339 | −0.057% | $11.2M | $3.4M | 75x | as long as short |
| Bitget ASTERUSDT | +0.0100% | 4h | 0.7338 | −0.067% | $18.0M | $8.6M | 50x | as long as short |
| BingX ASTER-USDT | +0.0100% | 4h | 0.7334 | −0.121% | — | $10.2M | — | as long as short |
| Backpack ASTER_USDC_PERP | +0.0100% | 1h | 0.7342 | −0.011% | $210K | $475K | 10x | as long as short |
| Variational Omni ASTER | +0.0100% | 4h | 0.7335 | −0.107% | $2.1M | $398K | — | as long as short |
| GRVT ASTER_USDT_Perp | +0.0100% | 4h | 0.7331 | −0.162% | $450K | $4.1M | 10x | as long as short |
| ApeX Omni ASTERUSDT | +0.0100% | 1h | 0.7337 | −0.080% | $112K | $748K | 50x | as long as short |
| SunX ASTER-USDT | +0.0100% | 4h | 0.7347 | +0.056% | $2K | $1.7M | 20x | as long as short |
| SoDEX ASTER-USD | +0.0100% | 1h | 0.7336 | −0.094% | $13K | $8K | 5x | as long as short |
| HTX ASTER-USDT | +0.0100% | 4h | 0.7332 | −0.148% | $245K | $203K | 20x | as long as short |
| edgeX ASTERUSDC | +0.0110% | 4h | 0.7333 | −0.129% | $213K | $2.2M | 10x | as long as short |
| Hyperliquid ASTERlong | +0.0214% | 1h | 0.7343 | long leg | $25.2M | $8.1M | 5x | |
| GMX ASTER/USD [WBTC.b-USDC] | L +0.0305% / S −0.0215% | 1h | 0.7335 | −0.107% | $28K | — | 100x | as long as short |
| BloFin ASTER-USDT | +0.0340% | 4h | 0.7341 | −0.026% | $3.6M | $2.1M | 75x | as long as short |
| Kraken Futures PF_ASTERUSD | +0.0762% | 1h | 0.7340 | −0.040% | $337K | $641K | 20x | as long as short |
Hyperliquid ASTER
Aster ASTERUSDT
Deribit ASTER_USDC-PERPETUAL
gTrade (Gains Network) ASTER/USD
Coinbase International ASTER-PERP-INTX
Extended ASTER-USD
Injective ASTER/USDC PERP
01 Exchange ASTERUSD
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
edgeX ASTERUSDC
GMX ASTER/USD [WBTC.b-USDC]
BloFin ASTER-USDT
Kraken Futures PF_ASTERUSD