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

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Aster−0.096%52s7-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 airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.096% cheaper against Aster than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 28 days of funding at the current rate ($0 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPERUSDT0.074210.0100pay 0.0050% / 4h2h 44m$20K$4K5x
ShortBloFin HYPER-USDT0.074140.0111get 0.0056% / 4h2h 44m$190K$22K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$2.4
Price spread: −0.096% → 0.000%
−$9.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.17
Costs to cover
0.200%
Break-even
86.2 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 37 min ago. 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 Aster no order-book sample
Sell BloFin live order book, 37 min ago2.01 bp29.3 bp −$2970.2 bp −$702doesn't fitdoesn't fit
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.

HYPER on 10 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
Gate HYPER_USDT−0.0310%4h0.07420−0.015%$90K$46K50xas long as short
KuCoin HYPERUSDTM−0.0034%4h0.07412−0.123%$131K$93K30xas long as short
Hyperliquid HYPER+0.0100%1h0.07417−0.058%$72K$122K3xas long as short
Aster HYPERUSDTlong+0.0100%4h0.07421long leg$20K$4K5x
Binance HYPERUSDT+0.0100%4h0.07410−0.150%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07413−0.109%$1.2M$706K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07409−0.163%$257K$129K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07420−0.015%$310K$262K50xas long as short
Variational Omni HYPER+0.0100%4h0.07413−0.109%$7K$1Kas long as short
BloFin HYPER-USDTshort+0.0111%4h0.07414−0.096%$190K$22K50x