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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.4900%/8h= +536.5% APRpaid last 24h −0.013%
Price spread now: Injective against BingX+1.400%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Injective is 1.400% dearer against BingX than usual: you sell high and buy low: +$140 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALT-USDT0.0074990.0100pay 0.0050% / 4h2h 55m$1.3M
ShortInjective ALT/USDC PERP0.0076040.5000get 0.0625% / 1h55m 25s$827$4K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BingX. 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
$1,029
Price spread: +1.400% → 0.000%
$140.02
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,159
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 5 min ago; Injective: 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 BingX live order book, 5 min ago3.99 bp20.1 bp −$2059.1 bp −$591569.5 bp −$57.0K790.0 bp −$395.0K
Sell Injective no order-book sample
Injective: 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.

ALT on 14 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
Deribit ALT_USDC-PERPETUAL0.0000%1h0.0074990.000%$025xas long as short
Variational Omni ALT+0.0069%4h0.007486−0.169%$5K$13Kas long as short
BloFin ALT-USDT+0.0076%4h0.007539+0.533%$172K$10K50xas long as short
Hyperliquid ALT+0.0100%1h0.007500+0.013%$1.1M$185K3xas long as short
Binance ALTUSDT+0.0100%4h0.007509+0.133%$2.6M$3.6M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007501+0.027%$1.2M$1.6M25xas long as short
Gate ALT_USDT+0.0100%8h0.0074990.000%$51K$395K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007508+0.120%$413K$182K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007509+0.133%$149K$20K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007493−0.080%$595K$113K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ALT-USDTlong+0.0100%4h0.007499long leg$1.3M
Kraken Futures PF_ALTUSD+0.0210%1h0.007504+0.060%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0432%1h0.007598+1.320%$14K$3K50xas long as short
Injective ALT/USDC PERPshort+0.5000%1h0.007604+1.400%$827$4K5.5x