data as of
Settings8H · net · $10k
Funding arb /

INIT

all INIT markets
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Funding spread now, next payment 20:00 UTC+0.0050%/8h
next payment, per $10,000+$0.25paid, last 24h0.000%paid, last 7 days−0.008%to open and close $10k−$150
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin INIT-USDT0.082750.0050pay 0.0025% / 4h3h 31m$163K$109K25x
ShortBitget INITUSDT0.082980.0100get 0.0050% / 4h3h 31m$436K$318K25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$10.48
Slippage, 4 orders
−$125.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$139.47
Break-even
100.2 days
Slippage from BloFin: live order book, 61 min ago; Bitget: live order book, 70 min ago.

Price risk

price view
Price gap now
+0.278%
Avg gap 7d
−0.067%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 61 min ago6.71 bp25.9 bp −$2671.4 bp −$714doesn't fitdoesn't fit
Sell Bitget live order book, 70 min ago4.86 bp58.3 bp −$58368.5 bp −$3,685doesn't fitdoesn't fit

INIT on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_INITUSD−0.0481%1h$6K$20K10xas long as short
BloFin INIT-USDTlong+0.0050%4h$163K$109K25x
Hyperliquid INIT+0.0100%1h$308K$238K3xas long as short
Aster INITUSDT+0.0100%4h$27K$36K5xas long as short
Binance INITUSDT+0.0100%4h$3.4M$3.7M25xas long as short
Bybit INITUSDT+0.0100%4h$1.4M$1.4M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h$135K$656K10xas long as short
Gate INIT_USDT+0.0100%8h$84K$57K25xas long as short
MEXC INIT_USDT+0.0100%4h$503K$201K20xas long as short
KuCoin INITUSDTM+0.0100%4h$335K$58K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget INITUSDTshort+0.0100%4h$436K$318K25x
BingX INIT-USDT+0.0100%4h$6.6Mas long as short
Variational Omni INIT+0.0100%4h$26K$22Kas long as short