INIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Aster−0.120%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.120% cheaper against Aster than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 7.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster INITUSDT	0.08299	0.0100	pay 0.0050% / 4h	2h 23m	$27K	$39K	5x
Short	BloFin INIT-USDT	0.08289	0.0157	get 0.0079% / 4h	2h 23m	$152K	$109K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now −0.120%Rate

Funding earned: $12.01
Price spread: −0.120% → 0.000%: −$12.05
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.04
Costs to cover: 0.200%
Break-even: 18.7 days

Slippage unknown: Aster: no order-book sample; BloFin: live order book, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell BloFin live order book, 56 min ago	5.99 bp	27.7 bp −$28	66.6 bp −$666	doesn't fit	doesn't fit

Aster: 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: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid INIT	+0.0100%	1h	0.08296	−0.042%	$309K	$224K	3x	as long as short
Aster INITUSDTlong	+0.0100%	4h	0.08299	long leg	$27K	$39K	5x
Binance INITUSDT	+0.0100%	4h	0.08301	+0.028%	$3.4M	$4.0M	25x	as long as short
Bybit INITUSDT	+0.0100%	4h	0.08299	0.000%	$1.4M	$1.7M	25x	as long as short
OKX INIT-USDT-SWAP	+0.0100%	4h	0.08300	+0.012%	$139K	$742K	10x	as long as short
Gate INIT_USDT	+0.0100%	8h	0.08292	−0.084%	$81K	$46K	25x	as long as short
MEXC INIT_USDT	+0.0100%	4h	0.08301	+0.024%	$442K	$210K	20x	as long as short
KuCoin INITUSDTM	+0.0100%	4h	0.08293	−0.072%	$321K	$64K	25x	as long as short
Bitget INITUSDT	+0.0100%	4h	0.08289	−0.120%	$426K	$347K	25x	as long as short
BingX INIT-USDT	+0.0100%	4h	0.08296	−0.036%	—	$6.6M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni INIT	+0.0100%	4h	0.08270	−0.348%	$26K	$14K	—	as long as short
Kraken Futures PF_INITUSD	+0.0113%	1h	0.08300	+0.014%	$5K	$24K	10x	as long as short
BloFin INIT-USDTshort	+0.0157%	4h	0.08289	−0.120%	$152K	$109K	25x