ASTER

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.087%

Price spread now: Hyperliquid against Injective−0.121%73s7-day average +0.173% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.175%+$17 on $10k

Price spread, last 3 days (all we have)+2.113%+$211 · spread now −0.121%, 7d avg +0.173%

Together, before fees+2.287%+ Points / potential airdropHyperliquid: Season 2 · farm board+$229 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.294% cheaper against Injective than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.173%). If the spread goes back, that is −$29 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.175% in total) that is about 6.8 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ASTER/USDC PERP	0.7390	0.0033	pay 0.0004% / 1h	30m 03s	$9	$133K	5.5x
Short	Hyperliquid ASTER	0.7381	0.0104	get 0.0013% / 1h	30m 03s	$25.6M	$6.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −0.121%Rate

Funding earned: $14.77
Price spread: −0.121% → +0.173%: −$29.41
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$23.66
Costs to cover: 0.090%
Break-even: 18.2 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 3 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 3 min ago	1.36 bp	8.8 bp −$9	doesn't fit	doesn't fit	doesn't fit

Injective: 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 31 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	−0.0080%	1h	0.7330	−0.805%	$267K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7364	−0.346%	$55.2M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7371	−0.253%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0008%	1h	0.7366	−0.323%	$29K	—	150x	as long as short
Injective ASTER/USDC PERPlong	+0.0033%	1h	0.7390	long leg	$9	$133K	5.5x
01 Exchange ASTERUSD	+0.0064%	1h	0.7368	−0.298%	$8K	$4K	10x	as long as short
Orderly PERP_ASTER_USDC	+0.0093%	4h	0.7361	−0.392%	$14K	$845	10x	as long as short
Lighter ASTER	+0.0096%	1h	0.7374	−0.214%	$895K	$898K	5x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7362	−0.373%	$366K	$255K	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7361	−0.393%	$252K	$71K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ASTERUSDT	+0.0100%	4h	0.7377	−0.176%	$90.4M	$110.5M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7379	−0.149%	$49.3M	$22.6M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7381	−0.122%	$12.1M	$18.6M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7371	−0.257%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDT	+0.0100%	4h	0.7379	−0.149%	$34.7M	$17.7M	100x	as long as short
KuCoin ASTERUSDTM	+0.0100%	4h	0.7378	−0.166%	$11.0M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7379	−0.149%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7376	−0.189%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7374	−0.211%	$221K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7358	−0.428%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7349	−0.557%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDT	+0.0100%	1h	0.7342	−0.650%	$65K	$716K	50x	as long as short
SunX ASTER-USDT	+0.0100%	4h	0.7365	−0.338%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7373	−0.230%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7370	−0.271%	$244K	$117K	20x	as long as short
Hyperliquid ASTERshort	+0.0104%	1h	0.7381	−0.121%	$25.6M	$6.6M	5x
Extended ASTER-USD	+0.0104%	1h	0.7373	−0.230%	$367K	$640K	25x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7340	−0.682%	$212K	$2.0M	10x	as long as short
dYdX ASTER-USD	+0.0160%	1h	0.7362	−0.385%	$15K	$1K	5x	as long as short
Kraken Futures PF_ASTERUSD	+0.0227%	1h	0.7378	−0.166%	$339K	$488K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7364	−0.354%	$28K	—	100x	as long as short