ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0388%/8h= −42.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.098%

Price spread now: Hyperliquid against Coinbase International−1.404%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hyperliquid is 1.404% cheaper against Coinbase International than usual: you would sell low and buy high (−$140 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ALT-PERP-INTX	0.007691	0.0488	pay 0.0061% / 1h	9m 09s	$14K	$3K	50x
Short	Hyperliquid ALT	0.007583	0.0100	get 0.0013% / 1h	9m 09s	$1.1M	$141K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Coinbase International. 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 Coinbase InternationalbpFee HyperliquidbpOrdersPrice spread, now −1.404%Rate

Funding earned: −$81.48
Price spread: −1.404% → 0.000%: −$140.42
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$240.9
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 11 min ago. 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	5.93 bp	17.3 bp −$17	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ALT_USDC-PERPETUAL	−0.0409%	1h	0.007577	−1.482%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	0.000%	$837	$4K	5.5x	as long as short
Kraken Futures PF_ALTUSD	+0.0042%	1h	0.007578	−1.463%	$44K	$8K	10x	as long as short
BloFin ALT-USDT	+0.0043%	4h	0.007597	−1.222%	$172K	$10K	50x	as long as short
Hyperliquid ALTshort	+0.0100%	1h	0.007583	−1.404%	$1.1M	$141K	3x
Binance ALTUSDT	+0.0100%	4h	0.007578	−1.469%	$2.6M	$3.6M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007573	−1.534%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007585	−1.378%	$49K	$382K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007579	−1.456%	$389K	$180K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007588	−1.339%	$146K	$22K	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	0.007581	−1.430%	$612K	$127K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007577	−1.482%	—	$1.3M	—	as long as short
Variational Omni ALT	+0.0100%	4h	0.007594	−1.266%	$4K	$16K	—	as long as short
Coinbase International ALT-PERP-INTXlong	+0.0488%	1h	0.007691	long leg	$14K	$3K	50x