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: MEXC 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 INITUSDT0.081440.0100pay 0.0050% / 4h1h 33m$27K$36K5x
ShortMEXC INIT_USDT0.081450.0100get 0.0050% / 4h1h 33m$442K$216K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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%
$1.41
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$10.59
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 41 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 MEXC live order book, 41 min ago2.45 bp13.7 bp −$1482.3 bp −$823254.9 bp −$25.5Kdoesn'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
BloFin INIT-USDT+0.0084%4h0.08147+0.039%$152K$109K25xas long as short
Hyperliquid INIT+0.0100%1h0.08141−0.035%$296K$233K3xas long as short
Aster INITUSDTlong+0.0100%4h0.08144long leg$27K$36K5x
Binance INITUSDT+0.0100%4h0.08147+0.033%$3.4M$3.6M25xas long as short
Bybit INITUSDT+0.0100%4h0.08130−0.170%$1.4M$1.4M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08135−0.109%$132K$630K10xas long as short
Gate INIT_USDT+0.0100%8h0.08140−0.047%$83K$56K25xas long as short
MEXC INIT_USDTshort+0.0100%4h0.08145+0.014%$442K$216K20x
KuCoin INITUSDTM+0.0100%4h0.08143−0.010%$324K$55K25xas long as short
Bitget INITUSDT+0.0100%4h0.08143−0.010%$425K$310K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDT+0.0100%4h0.08140−0.047%$6.6Mas long as short
Variational Omni INIT+0.0100%4h0.08133−0.132%$26K$23Kas long as short
Kraken Futures PF_INITUSD+0.0386%1h0.08153+0.109%$6K$17K10xas long as short