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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Aster against Hyperliquid−0.093%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.093% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GMT0.0083250.0100pay 0.0013% / 1h49m 34s$122K$123K3x
ShortAster GMTUSDT0.0083170.0100get 0.0050% / 4h2h 49m$8K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0
Price spread: −0.093% → 0.000%
−$9.33
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.33
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 34 min ago; Aster: 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, 34 min ago1.20 bp19.0 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

GMT on 12 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
Kraken Futures PF_GMTUSD−0.1130%1h0.008327+0.027%$47K$7K20xas long as short
KuCoin GMTUSDTM+0.0048%4h0.008290−0.420%$256K$101K50xas long as short
Hyperliquid GMTlong+0.0100%1h0.008325long leg$122K$123K3x
Aster GMTUSDTshort+0.0100%4h0.008317−0.093%$8K$14K10x
Binance GMTUSDT+0.0100%4h0.008321−0.048%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008315−0.120%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008317−0.096%$343K$554K20xas long as short
Gate GMT_USDT+0.0100%8h0.008310−0.180%$149K$101K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008322−0.036%$411K$180K20xas long as short
Bitget GMTUSDT+0.0100%4h0.008316−0.108%$669K$406K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008315−0.120%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008308−0.204%$3K$5Kas long as short