Funding you earn now, next payment 09:00 UTC+0.0435%/8h= +47.7% APRpaid last 24h +0.064%
Price spread now: Hyperliquid against Aster+0.167%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.167%, 7d avg +0.017%
=Together, before fees−0.160%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.150% dearer against Aster than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% 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 XLMUSDT | 0.2125 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $563K | $583K | 75x |
| Short | Hyperliquid XLM | 0.2128 | 0.0535 | get 0.0067% / 1h | 56m 56s | $12.2M | $6.4M | 5x |
Aster XLMUSDT
Hyperliquid XLMFunding 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
- $91.41
- Price spread: +0.167% → +0.017%
- $14.97
- Slippage, 4 orders
- −$25.85
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $63.54
- Costs to cover
- 0.428%
- Break-even
- 2.1 days
Slippage from Aster: live order book, 41 min ago; Hyperliquid: live order book, 6 min ago.
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, 41 min ago | 3.07 bp | 15.0 bp −$15 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.47 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2124 | −0.003% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.021% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2128 | +0.181% | $367K | $916K | 5x | as long as short |
| Aster XLMUSDTlong | +0.0100% | 8h | 0.2125 | long leg | $563K | $583K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2126 | +0.086% | $55.0M | $159.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2125 | +0.021% | $43.4M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2126 | +0.054% | $12.1M | $45.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2125 | +0.044% | $3.9M | $7.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2126 | +0.077% | $24.5M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2125 | +0.030% | $14.0M | $9.2M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2125 | +0.002% | $25.6M | $22.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2125 | +0.044% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2127 | +0.115% | $130K | $344K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | −0.252% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | −0.240% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | −0.136% | $591K | $551K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | −0.290% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | +0.068% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.069% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2125 | +0.030% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.041% | $196K | $213K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2126 | +0.058% | $8.7M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2126 | +0.056% | $189K | $1.1M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | +0.091% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2122 | −0.106% | $4K | $56K | 5x | as long as short |
| dYdX XLM-USD | +0.0306% | 1h | 0.2123 | −0.088% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2123 | −0.083% | $219K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0339% | 1h | 0.2126 | +0.067% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2125 | +0.015% | $39K | — | 100x | as long as short |
| Hyperliquid XLMshort | +0.0535% | 1h | 0.2128 | +0.167% | $12.2M | $6.4M | 5x | |
| Deribit XLM_USDC-PERPETUAL | +0.0973% | 1h | 0.2128 | +0.157% | $528K | $156K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL