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

INIT

all INIT markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days0.000%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid INIT0.082340.0100pay 0.0013% / 1h30m 06s$305K$238K3x
ShortKuCoin INITUSDTM0.082550.0100get 0.0050% / 4h3h 30m$329K$58K25x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 41 min ago; KuCoin: live order book, 19 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.254%
Avg gap 7d
−0.050%
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 Hyperliquid live order book, 41 min ago1.52 bp35.4 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 19 min ago13.40 bp297.9 bp −$298doesn't fitdoesn't fitdoesn't fit

INIT on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_INITUSD−0.0485%1h$6K$20K10xas long as short
BloFin INIT-USDT+0.0087%4h$164K$109K25xas long as short
Hyperliquid INITlong+0.0100%1h$305K$238K3x
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$654K10xas long as short
Gate INIT_USDT+0.0100%8h$84K$57K25xas long as short
MEXC INIT_USDT+0.0100%4h$500K$201K20xas long as short
KuCoin INITUSDTMshort+0.0100%4h$329K$58K25x
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget INITUSDT+0.0100%4h$432K$319K25xas long as short
BingX INIT-USDT+0.0100%4h$6.6Mas long as short
Variational Omni INIT+0.0100%4h$27K$22Kas long as short