Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INITUSDT | 0.08214 | 0.0100 | pay 0.0050% / 4h | 16m 28s | $27K | $37K | 5x |
| Short | Binance INITUSDT | 0.08215 | 0.0100 | get 0.0050% / 4h | 16m 28s | $3.4M | $3.6M | 25x |
Aster INITUSDT
Binance INITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.010% → 0.000%
- $0.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.01
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 5 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 3.06 bp | 31.2 bp −$31 | 106.5 bp −$1,065 | doesn't fit | doesn'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.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0074% | 4h | 0.08196 | −0.221% | $153K | $110K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08210 | −0.057% | $299K | $233K | 3x | as long as short |
| Aster INITUSDTlong | +0.0100% | 4h | 0.08214 | long leg | $27K | $37K | 5x | |
| Binance INITUSDTshort | +0.0100% | 4h | 0.08215 | +0.010% | $3.4M | $3.6M | 25x | |
| Bybit INITUSDT | +0.0100% | 4h | 0.08209 | −0.063% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08221 | +0.083% | $133K | $635K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08194 | −0.246% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08216 | +0.022% | $447K | $220K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08199 | −0.185% | $326K | $54K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08206 | −0.100% | $429K | $311K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08214 | −0.002% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08177 | −0.448% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0497% | 1h | 0.08201 | −0.160% | $5K | $17K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD