Funding you earn now, next payment 22:00 UTC+0.1145%/8h= +125.4% APRpaid last 24h +0.140%
Price spread now: Hyperliquid against Aster+0.205%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.205% dearer against Aster than usual: you sell high and buy low: +$20 more if the spread 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 | Aster MEGAUSDT | 0.04421 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $19K | $80K | 5x |
| Short | Hyperliquid MEGA | 0.04430 | 0.1245 | get 0.0156% / 1h | 41m 05s | $7.5M | $2.4M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $240.42
- Price spread: +0.205% → 0.000%
- $20.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $243.88
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 11 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 Aster no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 2.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.
MEGA on 28 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 MEGA-PERP-INTX | −0.0288% | 1h | 0.04400 | −0.465% | $5K | $11K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04419 | −0.051% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04427 | +0.139% | $20K | $7K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0062% | 4h | 0.04420 | −0.019% | $198K | $75K | 50x | as long as short |
| Nado MEGA-PERP | +0.0078% | 1h | 0.04419 | −0.031% | $191K | $151K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0097% | 4h | 0.04420 | −0.019% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDTlong | +0.0100% | 4h | 0.04421 | long leg | $19K | $80K | 5x | |
| Pacifica MEGA | +0.0100% | 1h | 0.04418 | −0.058% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04420 | −0.024% | $3.9M | $12.7M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04415 | −0.132% | $3.4M | $4.9M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04416 | −0.110% | $904K | $2.8M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04420 | −0.019% | $130K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04419 | −0.042% | $188K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04420 | −0.019% | $770K | $351K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04420 | −0.019% | $228K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04421 | +0.003% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04417 | −0.087% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04423 | +0.048% | $15K | $39K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04419 | −0.053% | $235K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04421 | −0.003% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04416 | −0.110% | $24K | $229K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04423 | +0.048% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04421 | +0.008% | $126K | $613K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04422 | +0.026% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0235% / S −0.5353% | 1h | 0.04418 | −0.056% | $3K | — | 45x | as long as short |
| Hyperliquid MEGAshort | +0.1245% | 1h | 0.04430 | +0.205% | $7.5M | $2.4M | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.1379% | 1h | 0.04427 | +0.141% | $107 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1720% | 1h | 0.04441 | +0.456% | $597K | $299K | 3x | as long as short |
Aster MEGAUSDT
Hyperliquid MEGA
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
BloFin MEGA-USDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
GMX MEGA/USD [ETH-USDC]
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA