ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BloFin+0.027%101s7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$740.744% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.385%−$38 · spread now +0.027%, 7d avg −0.005%

Together, before fees−0.382%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ALT-USDT	0.007487	0.0073	pay 0.0036% / 4h	2h 43m	$172K	$9K	50x
Short	Binance ALTUSDT	0.007489	0.0100	get 0.0050% / 4h	2h 43m	$2.6M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: $5.76
Price spread: +0.027% → −0.005%: $3.14
Slippage, 4 orders: −$52.39
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.49
Costs to cover: 0.744%
Break-even: 86.6 days

Slippage from BloFin: live order book, 38 min ago; Binance: live order book, 8 min ago.

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 BloFin live order book, 38 min ago	2.67 bp	16.4 bp −$16	61.2 bp −$612	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.67 bp	19.0 bp −$19	109.9 bp −$1,099	doesn't fit	doesn't fit

ALT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ALTUSDT	−0.0452%	4h	0.007479	−0.107%	$1.2M	$1.6M	25x	as long as short
Variational Omni ALT	−0.0399%	4h	0.007483	−0.060%	$4K	$12K	—	as long as short
Deribit ALT_USDC-PERPETUAL	−0.0150%	1h	0.007488	+0.013%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007381	−1.416%	$815	$4K	5.5x	as long as short
BloFin ALT-USDTlong	+0.0073%	4h	0.007487	long leg	$172K	$9K	50x
Hyperliquid ALT	+0.0100%	1h	0.007484	−0.040%	$1.1M	$187K	3x	as long as short
Binance ALTUSDTshort	+0.0100%	4h	0.007489	+0.027%	$2.6M	$3.5M	50x
Gate ALT_USDT	+0.0100%	8h	0.007486	−0.013%	$51K	$414K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007484	−0.040%	$399K	$195K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007486	−0.013%	$150K	$21K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007479	−0.107%	$615K	$102K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007485	−0.027%	—	$1.3M	—	as long as short
Kraken Futures PF_ALTUSD	+0.0200%	1h	0.007497	+0.136%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0384%	1h	0.007512	+0.334%	$14K	$2K	50x	as long as short