Funding you earn now, next payment 11:00 UTC−0.0054%/8h= −6.0% APRpaid last 24h −0.040%
Price spread now: Deribit against BloFin+0.027%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 0.027% dearer against BloFin than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours. The two prices were read 57 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 | 0.007535 | 0.0054 | pay 0.0027% / 4h | 1h 57m | $170K | $6K | 50x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007537 | 0 | get 0.0000% / 1h | 57m 38s | — | $0 | 25x |
BloFin ALT-USDT
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.41
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.76
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 47 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 47 min ago | 2.00 bp | 21.1 bp −$21 | 65.2 bp −$652 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUALshort | 0.0000% | 1h | 0.007537 | +0.027% | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.070% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDTlong | +0.0054% | 4h | 0.007535 | long leg | $170K | $6K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007534 | −0.013% | $1.1M | $119K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007537 | +0.027% | $2.6M | $3.3M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007529 | −0.080% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007529 | −0.080% | $50K | $366K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007538 | +0.040% | $391K | $164K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007540 | +0.066% | $146K | $18K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007526 | −0.119% | $600K | $144K | 50x | as long as short |
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007533 | −0.027% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007517 | −0.242% | $4K | $12K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0332% | 1h | 0.007541 | +0.082% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0560% | 1h | 0.007580 | +0.597% | $14K | $2K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX