Funding arb · Price arb /

HYPER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bybit+0.196%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: 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 0.196% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit HYPERUSDT	0.07418	0.0100	pay 0.0050% / 4h	2h 57m	$1.2M	$712K	25x
Short	Aster HYPERUSDT	0.07433	0.0100	get 0.0050% / 4h	2h 57m	$20K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.196%Rate

Funding earned: $0
Price spread: +0.196% → 0.000%: $19.62
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: $0.62
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Bybit: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	5.38 bp	25.1 bp −$25	378.6 bp −$3,786	doesn't fit	doesn'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.

HYPER on 10 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
Gate HYPER_USDT	−0.0070%	4h	0.07440	+0.297%	$91K	$46K	50x	as long as short
KuCoin HYPERUSDTM	+0.0084%	4h	0.07418	0.000%	$131K	$93K	30x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07422	+0.059%	$72K	$122K	3x	as long as short
Aster HYPERUSDTshort	+0.0100%	4h	0.07433	+0.196%	$20K	$4K	5x
Binance HYPERUSDT	+0.0100%	4h	0.07418	0.000%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDTlong	+0.0100%	4h	0.07418	long leg	$1.2M	$712K	25x
MEXC HYPER_USDT	+0.0100%	4h	0.07420	+0.027%	$254K	$128K	20x	as long as short
Bitget HYPERUSDT	+0.0100%	4h	0.07425	+0.094%	$310K	$262K	50x	as long as short
Variational Omni HYPER	+0.0100%	4h	0.07438	+0.264%	$7K	$1K	—	as long as short
BloFin HYPER-USDT	+0.0141%	4h	0.07429	+0.148%	$190K	$22K	50x	as long as short