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

ALT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Gate against Bybit+0.013%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$775as in the Funding arb table
Net, price: spread back to 7d avg − costs−$786as in the Price arb table
costs, in and out, $10k−$7857.847% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.013%, 7d avg +0.024%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALTUSDT0.0076620.0100pay 0.0050% / 4h1h 19m$1.2M$1.7M25x
ShortGate ALT_USDT0.0076630.0100get 0.0100% / 8h5h 19m$50K$400K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.013% → +0.024%
−$1.14
Slippage, 4 orders
−$758.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$785.8
Costs to cover
7.847%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 41 min ago.

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, 2 min ago3.92 bp32.6 bp −$33135.3 bp −$1,353doesn't fitdoesn't fit
Sell Gate live order book, 41 min ago6.57 bp269.9 bp −$270doesn't fitdoesn't fitdoesn't fit

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
Injective ALT/USDC PERP+0.0033%1h0.007604−0.757%$827$4K5.5xas long as short
BloFin ALT-USDT+0.0067%4h0.007661−0.013%$124K$10K50xas long as short
Hyperliquid ALT+0.0100%1h0.0076620.000%$1.1M$193K3xas long as short
Binance ALTUSDT+0.0100%4h0.007668+0.083%$2.6M$3.7M50xas long as short
Bybit ALTUSDTlong+0.0100%4h0.007662long leg$1.2M$1.7M25x
Gate ALT_USDTshort+0.0100%8h0.007663+0.013%$50K$400K25x
MEXC ALT_USDT+0.0100%4h0.007667+0.065%$422K$182K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007661−0.013%$152K$20K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007661−0.013%$606K$107K50xas long as short
BingX ALT-USDT+0.0100%4h0.007666+0.052%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALT+0.0100%4h0.007653−0.116%$4K$16Kas long as short
Deribit ALT_USDC-PERPETUAL+0.0141%1h0.007666+0.052%$025xas long as short
Coinbase International ALT-PERP-INTX+0.0440%1h0.007675+0.170%$14K$3K50xas long as short
Kraken Futures PF_ALTUSD+0.0443%1h0.007672+0.134%$45K$8K10xas long as short