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

ALT

all ALT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bybit+0.066%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$750as in the Funding arb table
Net, price: spread back to 7d avg − costs−$762as in the Price arb table
costs, in and out, $10k−$7607.599% 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)−0.051%−$5 · spread now +0.066%, 7d avg +0.085%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALTUSDT0.0076020.0100pay 0.0050% / 4h25m 30s$1.2M$1.8M25x
ShortKuCoin ALTUSDTM0.0076070.0100get 0.0050% / 4h25m 30s$151K$21K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.066% → +0.085%
−$1.95
Slippage, 4 orders
−$736.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$761.85
Costs to cover
7.599%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 49 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, 1 min ago5.92 bp23.3 bp −$23128.4 bp −$1,284doesn't fitdoesn't fit
Sell KuCoin live order book, 49 min ago11.07 bp284.9 bp −$285doesn'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
Hyperliquid ALT+0.0100%1h0.007600−0.026%$1.1M$200K3xas long as short
Binance ALTUSDT+0.0100%4h0.007606+0.049%$2.6M$3.8M50xas long as short
Bybit ALTUSDTlong+0.0100%4h0.007602long leg$1.2M$1.8M25x
Gate ALT_USDT+0.0100%8h0.007601−0.013%$51K$413K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007605+0.039%$385K$187K50xas long as short
KuCoin ALTUSDTMshort+0.0100%4h0.007607+0.066%$151K$21K30x
Bitget ALTUSDT+0.0100%4h0.007593−0.118%$597K$112K50xas long as short
BingX ALT-USDT+0.0100%4h0.007603+0.013%$1.3Mas long as short
Variational Omni ALT+0.0100%4h0.007595−0.091%$4K$16Kas long as short
Deribit ALT_USDC-PERPETUAL+0.0145%1h0.007604+0.026%$025xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ALT-USDT+0.0149%4h0.007601−0.013%$172K$10K50xas long as short
Kraken Futures PF_ALTUSD+0.0314%1h0.007606+0.047%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0456%1h0.007621+0.250%$14K$3K50xas long as short
Injective ALT/USDC PERP+0.5000%1h0.007691+1.171%$837$4K5.5xas long as short