After costs, if the gap returns to its 7d average, $10k−$91
spread now−0.015%7d average−0.053%fees + slippage, in and out−$95spread needed0.948%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SUSDT | 0.03888 | −0.0227 | get 0.0114% / 4h | 59m 35s | $42K | $258K | 10x |
| Short | Hyperliquid S | 0.03888 | 0.0100 | get 0.0013% / 1h | 59m 35s | $991K | $1.3M | 5x |
Aster SUSDT
Hyperliquid SPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.5
- Funding while held
- $9.82
- Slippage, 4 orders
- −$77.78
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$86.46
- Spread needed to break even
- 0.948%
Slippage from Aster: live order book, 34 min ago; Hyperliquid: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0327%
- Per $10,000 a day
- +$9.82
- Average in range /8h
- —
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, 34 min ago | 10.40 bp | 33.0 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.28 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
S price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03826cheapestBybit0.03883+1.490%KuCoin0.03884+1.516%Variational Omni0.03885+1.532%OKX0.03885+1.542%Kraken Futures0.03886+1.565%Reya0.03887+1.584%BingX0.03887+1.594%Extended0.03887+1.605%
Coinbase International
Bybit
KuCoin
Variational Omni
OKX
Kraken Futures
Reya
BingX
ExtendedHyperliquid0.03888+1.618%
Aster0.03888+1.633%
MEXC0.03889+1.647%Orderly0.03889+1.647%Binance0.03890+1.673%01 Exchange0.03890+1.673%Gate0.03891+1.699%BloFin0.03891+1.699%GMX0.03892+1.733%gTrade (Gains Network)0.03893+1.750%Lighter0.03894+1.777%Deribit0.03894+1.777%Bitget0.03896+1.830%Backpack0.03900+1.934%ApeX Omni0.03900+1.934%
MEXC
Orderly
Binance
Gate
BloFin
GMX
gTrade (Gains Network)
Lighter
Deribit
Bitget
Backpack
ApeX OmniInjective0.04100+7.162%
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International S-PERP-INTX | −1.607% | −0.1824% | 1h | $47K | $9K | 25x | as long as short |
| Bybit SUSDT | −0.141% | +0.0100% | 4h | $5.5M | $8.9M | 50x | as long as short |
| KuCoin SUSDTM | −0.115% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| Variational Omni S | −0.100% | −0.1467% | 4h | $605K | $117K | — | as long as short |
| OKX S-USDT-SWAP | −0.090% | −0.0102% | 4h | $971K | $11.8M | 20x | as long as short |
| Kraken Futures PF_SUSD | −0.067% | −0.2312% | 1h | $33K | $41K | 10x | as long as short |
| Reya SRUSDPERP | −0.048% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| BingX S-USDT | −0.038% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Extended S-USD | −0.028% | +0.0104% | 1h | $219K | $941K | 10x | as long as short |
| Hyperliquid Sshort | −0.015% | +0.0100% | 1h | $991K | $1.3M | 5x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SUSDTlong | 0.000% | −0.0227% | 4h | $42K | $258K | 10x | |
| MEXC S_USDT | +0.013% | +0.0100% | 4h | $3.5M | $3.3M | 200x | as long as short |
| Orderly PERP_S_USDC | +0.013% | −0.0092% | 4h | $103K | $320K | 10x | as long as short |
| Binance SUSDT | +0.039% | +0.0100% | 4h | $5.3M | $37.4M | 75x | as long as short |
| 01 Exchange SUSD | +0.039% | −0.0024% | 1h | $24K | $3K | 5x | as long as short |
| Gate S_USDT | +0.065% | +0.0100% | 4h | $318K | $344K | 50x | as long as short |
| BloFin S-USDT | +0.065% | +0.0340% | 4h | $273K | $261K | 75x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.098% | L −0.0387% / S +0.0191% | 1h | $2K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | +0.115% | L +0.0001% / S +0.0006% | 1h | $600 | — | 150x | as long as short |
| Lighter S | +0.142% | +0.0096% | 1h | $163K | $305K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.142% | +0.0264% | 1h | $65K | $10K | 10x | as long as short |
| Bitget SUSDT | +0.193% | +0.0100% | 4h | $1.2M | $4.5M | 50x | as long as short |
| Backpack S_USDC_PERP | +0.296% | +0.0100% | 1h | $116K | $255K | 5x | as long as short |
| ApeX Omni SUSDT | +0.296% | +0.0100% | 1h | $25K | $494K | 50x | as long as short |
| Injective S/USDC PERP | +5.440% | +0.0033% | 1h | $2K | $88K | 12x | as long as short |