Funding you earn now, next payment 05:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.023%
Price spread now: Aster against Hyperliquid+0.223%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.223% dearer against Hyperliquid than usual: you sell high and buy low: +$22 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 | Hyperliquid SAND | 0.04179 | −0.0480 | get 0.0060% / 1h | 12m 44s | $577K | $325K | 5x |
| Short | Aster SANDUSDT | 0.04189 | −0.0321 | pay 0.0321% / 8h | 3h 12m | $14K | $16K | 10x |
Hyperliquid SAND
Aster SANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. 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
- $33.44
- Price spread: +0.223% → 0.000%
- $22.34
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $38.78
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago | 1.91 bp | 29.8 bp −$30 | doesn't fit | 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.
SAND on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SANDUSD | −0.1119% | 1h | 0.04192 | +0.306% | $157K | $105K | 25x | as long as short |
| Hyperliquid SANDlong | −0.0480% | 1h | 0.04179 | long leg | $577K | $325K | 5x | |
| Variational Omni SAND | −0.0364% | 8h | 0.04189 | +0.229% | $114K | $4K | — | as long as short |
| Aster SANDUSDTshort | −0.0321% | 8h | 0.04189 | +0.223% | $14K | $16K | 10x | |
| BloFin SAND-USDT | −0.0240% | 8h | 0.04180 | +0.019% | $327K | $202K | 75x | as long as short |
| Bitget SANDUSDT | −0.0226% | 8h | 0.04185 | +0.139% | $1.7M | $549K | 10x | as long as short |
| Binance SANDUSDT | −0.0225% | 8h | 0.04182 | +0.067% | $6.7M | $12.4M | 75x | as long as short |
| Extended SAND-USD | −0.0224% | 1h | 0.04181 | +0.042% | $6K | $233K | 10x | as long as short |
| MEXC SAND_USDT | −0.0222% | 8h | 0.04182 | +0.067% | $11.5M | $2.0M | 200x | as long as short |
| KuCoin SANDUSDTM | −0.0147% | 8h | 0.04181 | +0.043% | $2.6M | $350K | 50x | as long as short |
Kraken Futures PF_SANDUSD
Variational Omni SAND
BloFin SAND-USDT
Bitget SANDUSDT
Binance SANDUSDT
Extended SAND-USD
MEXC SAND_USDT
KuCoin SANDUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SAND-USDT-SWAP | −0.0097% | 8h | 0.04182 | +0.067% | $1.7M | $3.1M | 50x | as long as short |
| Bybit SANDUSDT | −0.0017% | 8h | 0.04183 | +0.091% | $3.5M | $3.6M | 75x | as long as short |
| BingX SAND-USDT | −0.0016% | 8h | 0.04183 | +0.091% | — | $2.4M | — | as long as short |
| Gate SAND_USDT | +0.0023% | 8h | 0.04184 | +0.115% | $472K | $652K | 75x | as long as short |
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.201% | $757 | $795 | 5.5x | as long as short |
OKX SAND-USDT-SWAP
Bybit SANDUSDT
BingX SAND-USDT
Gate SAND_USDT
Injective SAND/USDC PERP