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

INIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget+0.035%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.035% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INITUSDT0.082730.0100pay 0.0050% / 4h3h 43m$432K$310K25x
ShortAster INITUSDT0.082760.0100get 0.0050% / 4h3h 43m$27K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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: +0.035% → 0.000%
$3.49
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$16.51
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 22 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 22 min ago5.45 bp58.1 bp −$58300.6 bp −$3,006doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin INIT-USDT+0.0078%4h0.08275+0.024%$154K$112K25xas long as short
Hyperliquid INIT+0.0100%1h0.08274+0.012%$301K$233K3xas long as short
Aster INITUSDTshort+0.0100%4h0.08276+0.035%$27K$37K5x
Binance INITUSDT+0.0100%4h0.08283+0.125%$3.4M$3.7M25xas long as short
Bybit INITUSDT+0.0100%4h0.08274+0.012%$1.4M$1.5M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08283+0.121%$137K$644K10xas long as short
Gate INIT_USDT+0.0100%8h0.08266−0.085%$84K$55K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08282+0.109%$450K$218K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08274+0.012%$329K$54K25xas long as short
Bitget INITUSDTlong+0.0100%4h0.08273long leg$432K$310K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDT+0.0100%4h0.08270−0.036%$6.6Mas long as short
Variational Omni INIT+0.0100%4h0.08262−0.130%$26K$23Kas long as short
Kraken Futures PF_INITUSD+0.0192%1h0.08277+0.048%$5K$17K10xas long as short