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

INIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Aster against BloFin−0.226%7-day average · you buy dearer than you sell
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 6 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: Aster is 0.226% cheaper against BloFin than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin INIT-USDT0.084190.0107pay 0.0054% / 4h42m 57s$153K$63K25x
ShortAster INITUSDT0.084000.0100get 0.0050% / 4h42m 57s$28K$8K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$1.51
Price spread: −0.226% → 0.000%
−$22.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$44.16
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 27 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 27 min ago2.97 bp25.7 bp −$2669.3 bp −$693doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_INITUSD−0.0244%1h0.08400−0.231%$5K$17K10xas long as short
Hyperliquid INIT+0.0100%1h0.08403−0.188%$313K$146K3xas long as short
Aster INITUSDTshort+0.0100%4h0.08400−0.226%$28K$8K5x
Binance INITUSDT+0.0100%4h0.08402−0.202%$3.5M$2.9M25xas long as short
Bybit INITUSDT+0.0100%4h0.08400−0.226%$1.5M$1.3M25xas long as short
OKX INIT-USDT-SWAP+0.0100%4h0.08403−0.190%$141K$559K10xas long as short
Gate INIT_USDT+0.0100%8h0.08403−0.190%$82K$21K25xas long as short
MEXC INIT_USDT+0.0100%4h0.08406−0.154%$447K$169K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08414−0.059%$327K$50K25xas long as short
Bitget INITUSDT+0.0100%4h0.08394−0.297%$434K$260K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDT+0.0100%4h0.08405−0.166%$6.6Mas long as short
Variational Omni INIT+0.0100%4h0.08402−0.198%$27K$11Kas long as short
BloFin INIT-USDTlong+0.0107%4h0.08419long leg$153K$63K25x