ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0108%/8h= −11.9% APRnext payment −$0.14 per $10,000 · paid last 24h −0.059%

Price spread now: Pacifica against Hyperliquid−0.057%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Hyperliquid Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.057%, 7d avg −0.080%

Together, before fees−0.093%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.023% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.057% now, against its 7-day average of −0.080%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.076% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ASTER	0.7383	0.0208	pay 0.0026% / 1h	51m 28s	$25.7M	$6.7M	5x
Short	Pacifica ASTER	0.7378	0.0100	get 0.0013% / 1h	51m 28s	$253K	$108K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee HyperliquidbpFee PacificabpOrdersPrice spread, now −0.057%Rate

Funding earned: −$22.76
Price spread: −0.057% → −0.080%: $2.26
Slippage, 4 orders: −$18.63
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$56.12
Costs to cover: 0.356%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 12 min ago; Pacifica: live order book, 32 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, 12 min ago	1.15 bp	7.4 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 32 min ago	4.03 bp	12.5 bp −$12	doesn't fit	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
Coinbase International ASTER-PERP-INTX	−0.0136%	1h	0.7390	+0.095%	$251K	$827K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7374	−0.116%	$56.4M	$99.8M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7380	−0.039%	$11K	$87K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0007%	1h	0.7376	−0.091%	$30K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0023%	1h	0.7410	+0.371%	$9	$96K	5.5x	as long as short
dYdX ASTER-USD	+0.0051%	1h	0.7376	−0.085%	$13K	$61	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7379	−0.049%	$908K	$849K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7375	−0.103%	$369K	$277K	5x	as long as short
Pacifica ASTERshort	+0.0100%	1h	0.7378	−0.057%	$253K	$108K	10x
Binance ASTERUSDT	+0.0100%	4h	0.7374	−0.111%	$90.3M	$106.9M	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	0.7374	−0.116%	$49.4M	$21.9M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7374	−0.116%	$11.9M	$18.4M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7377	−0.076%	$6.2M	$5.0M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7375	−0.103%	$33.8M	$16.2M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7378	−0.057%	$11.0M	$3.1M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7377	−0.076%	$18.1M	$6.3M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7375	−0.103%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7379	−0.051%	$264K	$323K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7395	+0.166%	$2.1M	$363K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7404	+0.287%	$465K	$3.8M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7378	−0.062%	$65K	$716K	50x	as long as short
Orderly PERP_ASTER_USDC	+0.0100%	4h	0.7386	+0.046%	$14K	$845	10x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7392	+0.127%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7377	−0.076%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7381	−0.022%	$241K	$118K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7374	−0.118%	$376K	$635K	25x	as long as short
edgeX ASTERUSDC	+0.0113%	4h	0.7382	−0.008%	$213K	$1.9M	10x	as long as short
01 Exchange ASTERUSD	+0.0136%	1h	0.7377	−0.076%	$8K	$4K	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0147%	1h	0.7382	−0.010%	$284K	$420K	20x	as long as short
Hyperliquid ASTERlong	+0.0208%	1h	0.7383	long leg	$25.7M	$6.7M	5x
GMX ASTER/USD [WBTC.b-USDC]	L +0.0304% / S −0.0215%	1h	0.7375	−0.106%	$28K	—	100x	as long as short
BloFin ASTER-USDT	+0.0340%	4h	0.7383	+0.005%	$3.5M	$1.8M	75x	as long as short