INIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.002%

Price spread now: Aster against BloFin−0.098%52s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Aster

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 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 −$1 a day on $10k at the current rate, and Aster is 0.098% cheaper against BloFin than usual: you would sell low and buy high (−$10 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	BloFin INIT-USDT	0.08150	0.0128	pay 0.0064% / 4h	1h 24m	$153K	$109K	25x
Short	Aster INITUSDT	0.08142	0.0100	get 0.0050% / 4h	1h 24m	$27K	$36K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$5.98
Price spread: −0.098% → 0.000%: −$9.82
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$35.8
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 49 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 49 min ago	0.61 bp	23.4 bp −$23	61.9 bp −$619	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
Hyperliquid INIT	+0.0100%	1h	0.08153	+0.037%	$296K	$233K	3x	as long as short
Aster INITUSDTshort	+0.0100%	4h	0.08142	−0.098%	$27K	$36K	5x
Binance INITUSDT	+0.0100%	4h	0.08158	+0.098%	$3.4M	$3.6M	25x	as long as short
Bybit INITUSDT	+0.0100%	4h	0.08151	+0.012%	$1.4M	$1.4M	25x	as long as short
OKX INIT-USDT-SWAP	+0.0100%	4h	0.08154	+0.049%	$132K	$631K	10x	as long as short
Gate INIT_USDT	+0.0100%	8h	0.08145	−0.061%	$83K	$56K	25x	as long as short
MEXC INIT_USDT	+0.0100%	4h	0.08158	+0.098%	$443K	$219K	20x	as long as short
KuCoin INITUSDTM	+0.0100%	4h	0.08153	+0.037%	$325K	$54K	25x	as long as short
Bitget INITUSDT	+0.0100%	4h	0.08166	+0.196%	$426K	$310K	25x	as long as short
BingX INIT-USDT	+0.0100%	4h	0.08151	+0.012%	—	$6.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni INIT	+0.0100%	4h	0.08133	−0.203%	$26K	$23K	—	as long as short
BloFin INIT-USDTlong	+0.0128%	4h	0.08150	long leg	$153K	$109K	25x
Kraken Futures PF_INITUSD	+0.0386%	1h	0.08157	+0.089%	$6K	$17K	10x	as long as short