Settings8H · net · $10k
Funding arb · Price arb /

STABLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against Aster−0.006%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster STABLEUSDT0.024900.0100pay 0.0050% / 4h2h 09m$19K$7K20x
ShortHyperliquid STABLE0.024900.0100get 0.0013% / 1h9m 02s$878K$201K3x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.006% → 0.000%
−$0.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.61
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 41 min ago1.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.

STABLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STABLE+0.0096%1h0.02503+0.520%$115K$8K3xas long as short
Hyperliquid STABLEshort+0.0100%1h0.02490−0.006%$878K$201K3x
Aster STABLEUSDTlong+0.0100%4h0.02490long leg$19K$7K20x
Binance STABLEUSDT+0.0100%4h0.02489−0.038%$2.5M$2.9M75xas long as short
Bybit STABLEUSDT+0.0100%4h0.02493+0.122%$1.5M$774K25xas long as short
OKX STABLE-USDT-SWAP+0.0100%4h0.02494+0.163%$201K$414K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02491+0.042%$174K$70K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02489−0.038%$608K$176K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02498+0.323%$185K$30K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02490+0.002%$291K$96K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02490+0.002%$6.6Mas long as short
Variational Omni STABLE+0.0100%4h0.02495+0.185%$146K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02489−0.042%$2K$817K20xas long as short
Extended STABLE-USD+0.0104%1h0.02489−0.053%$12K$146K10xas long as short