Spread before costs (cost unknown: a leg has no order-book sample)−0.013%
7d average—if it closes, per $10,000$1funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08072 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $437K | $211K | 20x |
| Short | Aster INITUSDT | 0.08071 | 0.0100 | get 0.0050% / 4h | 1h 57m | $27K | $36K | 5x |
MEXC INIT_USDT
Aster INITUSDTPrice 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
- −$1.26
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$13.26
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 25 min ago; Aster: no order-book sample. 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 MEXC live order book, 25 min ago | 4.95 bp | 8.9 bp −$9 | 47.2 bp −$472 | 243.3 bp −$24.3K | 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 price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
Gate
BloFin
Hyperliquid
KuCoin
Bybit
Bitget
Binance
Kraken Futures
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 | −0.610% | +0.0100% | 4h | $25K | $23K | — | as long as short |
| Gate INIT_USDT | −0.297% | +0.0100% | 8h | $82K | $56K | 25x | as long as short |
| BloFin INIT-USDT | −0.235% | +0.0116% | 4h | $160K | $106K | 25x | as long as short |
| Hyperliquid INIT | −0.208% | +0.0100% | 1h | $291K | $243K | 3x | as long as short |
| KuCoin INITUSDTM | −0.136% | +0.0100% | 4h | $320K | $58K | 25x | as long as short |
| Bybit INITUSDT | −0.124% | +0.0100% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Bitget INITUSDT | −0.037% | +0.0100% | 4h | $421K | $313K | 25x | as long as short |
| Binance INITUSDT | −0.032% | +0.0100% | 4h | $3.3M | $3.7M | 25x | as long as short |
| Kraken Futures PF_INITUSD | −0.028% | +0.0373% | 1h | $5K | $20K | 10x | as long as short |
| Aster INITUSDTshort | −0.013% | +0.0100% | 4h | $27K | $36K | 5x |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC INIT_USDTlong | 0.000% | +0.0100% | 4h | $437K | $211K | 20x | |
| BingX INIT-USDT | 0.000% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| OKX INIT-USDT-SWAP | +0.050% | +0.0100% | 4h | $132K | $635K | 10x | as long as short |