Funding spread now, next payment 20:00 UTC−0.0298%/8h
paid, last 24h−0.494%paid, last 3 days+0.506%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_INITUSD | 0.08120 | 0.0398 | pay 0.0050% / 1h | 55m 27s | $6K | $18K | 10x |
| Short | Variational Omni INIT | 0.08102 | 0.0100 | get 0.0050% / 4h | 55m 27s | $26K | $23K | — |
Kraken Futures PF_INITUSD
Variational Omni INITFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$62.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$72.58
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.224%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and Variational Omni: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0044% | 4h | $159K | $108K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | $293K | $240K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | $132K | $635K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | $82K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | $439K | $212K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | $322K | $57K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | $424K | $313K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Variational Omni INITshort | +0.0100% | 4h | $26K | $23K | — | |
| Kraken Futures PF_INITUSDlong | +0.0398% | 1h | $6K | $18K | 10x |
BingX INIT-USDT