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 days0.000%to open and close $10k−$83
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC INIT_USDT0.081130.0100pay 0.0050% / 4h1h 44m$439K$212K20x
ShortBinance INITUSDT0.081110.0100get 0.0050% / 4h1h 44m$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
−$68.99
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$82.99
Break-even
never at this rate
Slippage from MEXC: live order book, 38 min ago; Binance: live order book, 9 min ago.

Price risk

price view
Price gap now
−0.025%
Avg gap 7d
+0.012%
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 MEXC live order book, 38 min ago4.95 bp8.9 bp −$947.2 bp −$472243.3 bp −$24.3Kdoesn't fit
Sell Binance live order book, 9 min ago6.80 bp30.9 bp −$3178.7 bp −$787doesn't fitdoesn't fit

INIT on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid INIT+0.0100%1h$292K$242K3xas long as short
Aster INITUSDT+0.0100%4h$27K$36K5xas long as short
Binance INITUSDTshort+0.0100%4h$3.4M$3.7M25x
Bybit INITUSDT+0.0100%4h$1.4M$1.5M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h$132K$637K10xas long as short
Gate INIT_USDT+0.0100%8h$82K$56K25xas long as short
MEXC INIT_USDTlong+0.0100%4h$439K$212K20x
KuCoin INITUSDTM+0.0100%4h$323K$58K25xas long as short
Bitget INITUSDT+0.0100%4h$423K$313K25xas long as short
BingX INIT-USDT+0.0100%4h$6.6Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni INIT+0.0100%4h$26K$23Kas long as short
BloFin INIT-USDT+0.0104%4h$158K$107K25xas long as short
Kraken Futures PF_INITUSD+0.0371%1h$5K$20K10xas long as short