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

INIT

all INIT markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against Aster−0.076%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.076% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INITUSDT0.082140.0100pay 0.0050% / 4h16m 20s$27K$37K5x
ShortBingX INIT-USDT0.082080.0100get 0.0050% / 4h16m 20s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.076% → 0.000%
−$7.62
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$25.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 6 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 BingX live order book, 6 min ago6.11 bp34.6 bp −$3582.5 bp −$825496.5 bp −$49.7K822.6 bp −$411.3K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin INIT-USDT+0.0074%4h0.08196−0.222%$153K$110K25xas long as short
Hyperliquid INIT+0.0100%1h0.08210−0.058%$299K$233K3xas long as short
Aster INITUSDTlong+0.0100%4h0.08214long leg$27K$37K5x
Binance INITUSDT+0.0100%4h0.08215+0.009%$3.4M$3.6M25xas long as short
Bybit INITUSDT+0.0100%4h0.08209−0.064%$1.4M$1.4M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08221+0.082%$133K$635K10xas long as short
Gate INIT_USDT+0.0100%8h0.08196−0.222%$83K$56K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08216+0.021%$447K$220K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08199−0.186%$326K$54K25xas long as short
Bitget INITUSDT+0.0100%4h0.08206−0.101%$429K$311K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDTshort+0.0100%4h0.08208−0.076%$6.6M
Variational Omni INIT+0.0100%4h0.08203−0.133%$26K$23Kas long as short
Kraken Futures PF_INITUSD+0.0496%1h0.08212−0.031%$5K$17K10xas long as short