Move between perps and spot

Perps and spot can use separate balances. Money in spot cannot back a perps order, and money in perps cannot buy spot tokens. Moving it is free and takes seconds.

Where to open it

The same Transfer window opens from:

• A spot ticket. On a spot pair in Trade, tap the ⇄ button next to Available.
• A ticket that runs short. When the ticket can't cover an order and the other balance can, a hint offers Move to perps or Move to spot. See Hints in the order ticket.
• Portfolio. When you hold spot tokens, the Assets card shows Transfer on its Spot tab (on a computer).

It opens on the venue you are trading. With more than one venue linked, switch the account at the top of the window.

Hyperliquid standard accounts

A standard Hyperliquid account has two balances: perps and spot. Deposits land in perps. To buy spot tokens, move USDC to spot first.

1. Open the transfer

   Tap ⇄ next to Available in a spot ticket, tap Move to spot or Move to perps when a ticket offers it, or go to Portfolio: in the Assets card, on the Spot tab, tap Transfer. With more than one Hyperliquid account, each has its own button.

2. Pick the direction

   From and To show each side's balance. Tap ⇄ between them to swap.

3. Enter the amount

   The form opens empty. The hint shows how much can move now, for example "Available 905.10 USDC in perps". From perps you can move up to your Withdrawable, not your whole balance. The summary shows Perps after and Spot after (on a phone, under Details).

4. Sign

   Tap the button, for example Move 100 USDC to spot. Your wallet asks for one signature. No network fee. The window ends on 100 USDC moved to spot with both balances, and the ticket's Available updates.

• Only USDC moves. Other spot tokens stay in spot. Sell them for USDC first.
• It stays in your account. The money never leaves your own Hyperliquid account.
• Your wallet signs. The Prow trading key cannot move funds.

Hints in the order ticket

If a ticket cannot cover an order and the other balance can, it shows a hint under the size:

• Perps ticket: "$150.00 on spot" with Move to perps.
• Spot ticket: "$905.10 on perps" with Move to spot.

Tap the link to open the same transfer, already pointed the right way.

Hyperliquid unified accounts

A unified account (also portfolio margin) has one USDC balance for perps and spot. Spot buys spend it directly. There is nothing to move.

Tickets on a unified account show no ⇄ button and no move hint: Available already is that one balance. The Assets card has no Transfer button for it, and a transfer opened from a link says Nothing to move. See Hyperliquid unified accounts.

Aster

Aster keeps perps (futures) and spot balances apart. Prow moves money between them inside your own Aster account. Your Prow trading key signs the move, so there is no wallet prompt and no network fee.

1. Open the transfer

   Tap ⇄ next to Available in a spot ticket. A ticket short of funds offers Move to spot (or Move to perps) in its note. With Aster and another venue linked, pick Aster at the top of the window.

2. Pick the direction and asset

   Tap ⇄ between From and To to swap. USDT, USD1, USDC and BNB can move: pick one from the chips (shown when more than one can move), and From and To show what each side holds. The form opens empty, Max fills everything that can move. From a "Move to spot" hint with an order amount, the field is already filled in with what the order is missing.

3. Move

   Tap the button, for example Move 0.01 BNB to perps. The window ends on 0.01 BNB moved to perps with both balances. The move also shows in Portfolio's History tab, under Transfers, on this device.

• It stays in your account. The move has no recipient and no address field. The money cannot leave your own Aster account.
• The key still cannot withdraw. Before each move Prow checks with Aster that your trading key has withdraw off. If it does not, Prow refuses the move.
• "Your Aster key can't move funds." Older keys may need one more approval. Tap Re-approve key and sign once in your wallet. The key still cannot withdraw.
• Prefer Aster's site? Tap the (i) under the button: Or move on asterdex.com opens Aster's own transfer.

Between venues

Each venue holds its own balance, and Hyperliquid, Aster and Lighter settle separately. To move money between venues, withdraw from one and deposit to the other.

Related