Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Binance−0.255%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.255% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INITUSDT | 0.08196 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $3.4M | $3.6M | 25x |
| Short | Aster INITUSDT | 0.08175 | 0.0100 | get 0.0050% / 4h | 2h 54m | $27K | $36K | 5x |
Binance INITUSDT
Aster INITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.255% → 0.000%
- −$25.48
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.48
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 min ago; Aster: no order-book sample. 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 Binance live order book, 12 min ago | 4.27 bp | 25.3 bp −$25 | 89.8 bp −$898 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0063% | 4h | 0.08178 | −0.220% | $156K | $110K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08189 | −0.089% | $297K | $235K | 3x | as long as short |
| Aster INITUSDTshort | +0.0100% | 4h | 0.08175 | −0.255% | $27K | $36K | 5x | |
| Binance INITUSDTlong | +0.0100% | 4h | 0.08196 | long leg | $3.4M | $3.6M | 25x | |
| Bybit INITUSDT | +0.0100% | 4h | 0.08192 | −0.049% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08195 | −0.012% | $132K | $632K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08175 | −0.256% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08198 | +0.024% | $445K | $215K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08197 | +0.012% | $326K | $56K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08189 | −0.085% | $428K | $311K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08187 | −0.110% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08169 | −0.330% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0534% | 1h | 0.08193 | −0.037% | $6K | $18K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD