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

INIT

all INIT markets
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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: Bitget against Aster+0.014%7-day average · you sell dearer than you buy
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INITUSDT0.081590.0100pay 0.0050% / 4h2h 57m$27K$36K5x
ShortBitget INITUSDT0.081600.0100get 0.0050% / 4h2h 57m$426K$312K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.014% → 0.000%
$1.36
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$18.64
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 26 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 Bitget live order book, 26 min ago7.91 bp48.8 bp −$49284.5 bp −$2,845doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid INIT+0.0100%1h0.08156−0.033%$296K$238K3xas long as short
Aster INITUSDTlong+0.0100%4h0.08159long leg$27K$36K5x
Binance INITUSDT+0.0100%4h0.08158−0.008%$3.4M$3.6M25xas long as short
Bybit INITUSDT+0.0100%4h0.08156−0.035%$1.4M$1.5M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08164+0.063%$132K$631K10xas long as short
Gate INIT_USDT+0.0100%8h0.08151−0.097%$83K$56K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08157−0.023%$443K$214K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08161+0.026%$325K$56K25xas long as short
Bitget INITUSDTshort+0.0100%4h0.08160+0.014%$426K$312K25x
BingX INIT-USDT+0.0100%4h0.08157−0.023%$6.6Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni INIT+0.0100%4h0.08163+0.052%$26K$23Kas long as short
BloFin INIT-USDT+0.0118%4h0.08165+0.075%$156K$110K25xas long as short
Kraken Futures PF_INITUSD+0.0536%1h0.08162+0.040%$6K$18K10xas long as short