INIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Aster−0.078%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.078% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster INITUSDT	0.08376	0.0100	pay 0.0050% / 4h	3h 34m	$28K	$39K	5x
Short	BloFin INIT-USDT	0.08370	0.0043	get 0.0021% / 4h	3h 34m	$154K	$113K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$12.02
Price spread: −0.078% → 0.000%: −$7.76
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$39.78
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; BloFin: live order book, 55 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 BloFin live order book, 55 min ago	4.23 bp	31.0 bp −$31	72.7 bp −$727	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
Kraken Futures PF_INITUSD	−0.5332%	1h	0.08383	+0.080%	$5K	$24K	10x	as long as short
BloFin INIT-USDTshort	+0.0043%	4h	0.08370	−0.078%	$154K	$113K	25x
Hyperliquid INIT	+0.0100%	1h	0.08400	+0.279%	$314K	$238K	3x	as long as short
Aster INITUSDTlong	+0.0100%	4h	0.08376	long leg	$28K	$39K	5x
Binance INITUSDT	+0.0100%	4h	0.08399	+0.269%	$3.5M	$4.0M	25x	as long as short
Bybit INITUSDT	+0.0100%	4h	0.08388	+0.137%	$1.5M	$1.7M	25x	as long as short
OKX INIT-USDT-SWAP	+0.0100%	4h	0.08393	+0.197%	$143K	$723K	10x	as long as short
Gate INIT_USDT	+0.0100%	8h	0.08376	−0.006%	$82K	$58K	25x	as long as short
MEXC INIT_USDT	+0.0100%	4h	0.08397	+0.245%	$451K	$210K	20x	as long as short
KuCoin INITUSDTM	+0.0100%	4h	0.08373	−0.042%	$325K	$62K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget INITUSDT	+0.0100%	4h	0.08388	+0.137%	$433K	$333K	25x	as long as short
BingX INIT-USDT	+0.0100%	4h	0.08391	+0.173%	—	$6.6M	—	as long as short
Variational Omni INIT	+0.0100%	4h	0.08359	−0.208%	$26K	$23K	—	as long as short