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

INIT

all INIT markets
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Funding spread now, next payment 20:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days+0.046%to open and close $10k−$163
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INITUSDT0.082940.0100pay 0.0050% / 4h3h 31m$1.4M$1.4M25x
ShortBinance INITUSDT0.082930.0100get 0.0050% / 4h3h 31m$3.4M$3.7M25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$141.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$162.68
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.012%
Avg gap 7d
+0.149%
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 Bybit live order book, 1 min ago5.43 bp53.5 bp −$54102.1 bp −$1,021doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.42 bp23.0 bp −$2379.0 bp −$790doesn'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-USDT+0.0050%4h$163K$109K25xas long as short
Hyperliquid INIT+0.0100%1h$308K$238K3xas long as short
Aster INITUSDT+0.0100%4h$27K$36K5xas long as short
Binance INITUSDTshort+0.0100%4h$3.4M$3.7M25x
Bybit INITUSDTlong+0.0100%4h$1.4M$1.4M25x
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 INITUSDT+0.0100%4h$436K$318K25xas long as short
BingX INIT-USDT+0.0100%4h$6.6Mas long as short
Variational Omni INIT+0.0100%4h$26K$22Kas long as short