Settings8H · net · $10k
Funding arb · Price arb /

INIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster+0.027%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INITUSDT0.082370.0100pay 0.0050% / 4h45m 48s$27K$39K5x
ShortKuCoin INITUSDTM0.082390.0100get 0.0050% / 4h45m 48s$323K$56K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.33
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell KuCoin live order book, 36 min ago37.78 bp395.1 bp −$395doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_INITUSD−0.5699%1h0.08188−0.595%$3K$19K10xas long as short
Hyperliquid INIT+0.0100%1h0.08231−0.073%$304K$230K3xas long as short
Aster INITUSDTlong+0.0100%4h0.08237long leg$27K$39K5x
Binance INITUSDT+0.0100%4h0.08239+0.025%$3.3M$3.7M25xas long as short
Bybit INITUSDT+0.0100%4h0.08226−0.131%$1.4M$1.5M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08243+0.075%$137K$660K10xas long as short
Gate INIT_USDT+0.0100%8h0.08236−0.010%$83K$56K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08228−0.107%$442K$210K20xas long as short
KuCoin INITUSDTMshort+0.0100%4h0.08239+0.027%$323K$56K25x
Bitget INITUSDT+0.0100%4h0.08234−0.034%$427K$308K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDT+0.0100%4h0.08229−0.095%$6.6Mas long as short
Variational Omni INIT+0.0100%4h0.08219−0.216%$26K$23Kas long as short
BloFin INIT-USDT+0.0144%4h0.08239+0.027%$151K$112K25xas long as short