Funding you earn now, next payment 22:00 UTC+0.2177%/8h= +238.4% APRpaid last 24h +0.304%
Price spread now: Hyperliquid against Aster+0.747%7-day average +0.253% · 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)+0.409%+$41 on $10k
+Price spread, last 4 days (all we have)−0.607%−$61 · spread now +0.747%, 7d avg +0.253%
=Together, before fees−0.198%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and Hyperliquid is 0.493% dearer against Aster than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.253%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.409% in total (about 28.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NILUSDT | 0.06791 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $20K | $370K | 5x |
| Short | Hyperliquid NIL | 0.06842 | 0.2277 | get 0.0285% / 1h | 57m 15s | $4.2M | $4.7M | 3x |
Aster NILUSDT
Hyperliquid NILFunding 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
- $457.15
- Price spread: +0.747% → +0.253%
- $49.31
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $489.46
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 30 min ago; Hyperliquid: live order book, 5 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 live order book, 30 min ago | 14.15 bp | 115.7 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.27 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
NIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0077% | 4h | 0.06814 | +0.339% | $363K | $162K | 50x | as long as short |
| Aster NILUSDTlong | +0.0100% | 4h | 0.06791 | long leg | $20K | $370K | 5x | |
| Binance NILUSDT | +0.0100% | 4h | 0.06807 | +0.240% | $5.4M | $86.1M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.06822 | +0.456% | $3.6M | $14.9M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.06799 | +0.118% | $444K | $2.1M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.06810 | +0.280% | $2.4M | $6.0M | 100x | as long as short |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.06810 | +0.280% | $485K | $724K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.06818 | +0.398% | $1.7M | $9.8M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.06817 | +0.383% | — | $8.7M | — | as long as short |
| Variational Omni NIL | +0.0100% | 4h | 0.06814 | +0.333% | $49K | $154K | — | as long as short |
BloFin NIL-USDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Variational Omni NILShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NIL-USD | +0.0104% | 1h | 0.06810 | +0.282% | $16K | $94K | 5x | as long as short |
| Hyperliquid NILshort | +0.2277% | 1h | 0.06842 | +0.747% | $4.2M | $4.7M | 3x |
Extended NIL-USD