Spread before costs (cost unknown: a leg has no order-book sample)−0.171%
7d average+0.050%if it closes, per $10,000$17funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INITUSDT | 0.08069 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $421K | $313K | 25x |
| Short | Hyperliquid INIT | 0.08055 | 0.0100 | get 0.0013% / 1h | 57m 16s | $291K | $243K | 3x |
Bitget INITUSDT
Hyperliquid INITPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.1
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.1
- Spread needed to break even
- 0.210%
Slippage unknown: Bitget: live order book, 30 min ago; Hyperliquid: live order book, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Bitget live order book, 30 min ago | 7.42 bp | 43.1 bp −$43 | 315.5 bp −$3,155 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 64 min ago | 1.22 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
INIT price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
Gate
BloFin
KuCoin
Bybit
Binance
Kraken Futures
Aster
MEXC
BingX
OKXINIT on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni INIT | −0.573% | +0.0100% | 4h | $25K | $23K | — | as long as short |
| Gate INIT_USDT | −0.260% | +0.0100% | 8h | $82K | $56K | 25x | as long as short |
| BloFin INIT-USDT | −0.198% | +0.0116% | 4h | $160K | $106K | 25x | as long as short |
| Hyperliquid INITshort | −0.171% | +0.0100% | 1h | $291K | $243K | 3x | |
| KuCoin INITUSDTM | −0.099% | +0.0100% | 4h | $320K | $58K | 25x | as long as short |
| Bybit INITUSDT | −0.087% | +0.0100% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Bitget INITUSDTlong | 0.000% | +0.0100% | 4h | $421K | $313K | 25x | |
| Binance INITUSDT | +0.005% | +0.0100% | 4h | $3.3M | $3.7M | 25x | as long as short |
| Kraken Futures PF_INITUSD | +0.009% | +0.0373% | 1h | $5K | $20K | 10x | as long as short |
| Aster INITUSDT | +0.025% | +0.0100% | 4h | $27K | $36K | 5x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC INIT_USDT | +0.037% | +0.0100% | 4h | $437K | $211K | 20x | as long as short |
| BingX INIT-USDT | +0.037% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| OKX INIT-USDT-SWAP | +0.087% | +0.0100% | 4h | $132K | $635K | 10x | as long as short |