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

INIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Aster−0.053%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: Gate is 0.053% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INITUSDT0.081730.0100pay 0.0050% / 4h2h 19m$27K$36K5x
ShortGate INIT_USDT0.081690.0100get 0.0100% / 8h2h 19m$83K$56K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.053% → 0.000%
−$5.3
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$28.3
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: no order-book sample. 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 Gate no order-book sample
Aster and Gate: 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
Hyperliquid INIT+0.0100%1h0.08172−0.013%$297K$234K3xas long as short
Aster INITUSDTlong+0.0100%4h0.08173long leg$27K$36K5x
Binance INITUSDT+0.0100%4h0.08177+0.045%$3.4M$3.6M25xas long as short
Bybit INITUSDT+0.0100%4h0.08162−0.139%$1.4M$1.4M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08172−0.016%$132K$630K10xas long as short
Gate INIT_USDTshort+0.0100%8h0.08169−0.053%$83K$56K25x
MEXC INIT_USDT+0.0100%4h0.08176+0.033%$444K$216K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08176+0.033%$325K$55K25xas long as short
Bitget INITUSDT+0.0100%4h0.08171−0.028%$427K$311K25xas long as short
BingX INIT-USDT+0.0100%4h0.08171−0.028%$6.6Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni INIT+0.0100%4h0.08162−0.144%$26K$23Kas long as short
BloFin INIT-USDT+0.0118%4h0.08170−0.041%$154K$110K25xas long as short
Kraken Futures PF_INITUSD+0.0535%1h0.08176+0.033%$6K$17K10xas long as short