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

INIT

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Alert: funding
Alert: spread
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 Bybit+0.037%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: Aster is 0.037% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INITUSDT0.081710.0100pay 0.0050% / 4h2h 50m$1.4M$1.4M25x
ShortAster INITUSDT0.081740.0100get 0.0050% / 4h2h 50m$27K$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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: +0.037% → 0.000%
$3.71
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.29
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago4.29 bp43.6 bp −$4480.7 bp −$807doesn'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
BloFin INIT-USDT+0.0089%4h0.081710.000%$154K$110K25xas long as short
Hyperliquid INIT+0.0100%1h0.08170−0.006%$297K$235K3xas long as short
Aster INITUSDTshort+0.0100%4h0.08174+0.037%$27K$36K5x
Binance INITUSDT+0.0100%4h0.08173+0.024%$3.4M$3.6M25xas long as short
Bybit INITUSDTlong+0.0100%4h0.08171long leg$1.4M$1.4M25x
OKX INIT-USDT-SWAP+0.0100%4h0.08179+0.098%$132K$631K10xas long as short
Gate INIT_USDT+0.0100%8h0.081710.000%$83K$56K25xas long as short
MEXC INIT_USDT+0.0100%4h0.081710.000%$444K$215K20xas long as short
KuCoin INITUSDTM+0.0100%4h0.08179+0.098%$325K$56K25xas long as short
Bitget INITUSDT+0.0100%4h0.08172+0.012%$427K$311K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX INIT-USDT+0.0100%4h0.08172+0.012%$6.6Mas long as short
Variational Omni INIT+0.0100%4h0.08169−0.024%$26K$23Kas long as short
Kraken Futures PF_INITUSD+0.0535%1h0.08174+0.036%$6K$17K10xas long as short