Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h —
Price spread now: BloFin against Deribit+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 8 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALT_USDC-PERPETUAL | 0.007545 | 0 | get 0.0000% / 1h | 40m 32s | — | $0 | 25x |
| Short | BloFin ALT-USDT | 0.007547 | 0.0085 | get 0.0042% / 4h | 3h 40m | $172K | $10K | 50x |
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $17.82
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.48
- Costs to cover
- 0.190%
- Break-even
- 6.4 days
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 24 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 24 min ago | 3.96 bp | 21.2 bp −$21 | 62.9 bp −$629 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0497% | 1h | 0.007551 | +0.074% | $44K | $8K | 10x | as long as short |
| Gate ALT_USDT | −0.0046% | 8h | 0.007543 | −0.027% | $51K | $403K | 25x | as long as short |
| Deribit ALT_USDC-PERPETUALlong | 0.0000% | 1h | 0.007545 | long leg | — | $0 | 25x | |
| Variational Omni ALT | +0.0018% | 4h | 0.007541 | −0.055% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.174% | $815 | $4K | 5.5x | as long as short |
| Bybit ALTUSDT | +0.0046% | 4h | 0.007539 | −0.080% | $1.2M | $1.6M | 25x | as long as short |
| BloFin ALT-USDTshort | +0.0085% | 4h | 0.007547 | +0.027% | $172K | $10K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007544 | −0.013% | $1.1M | $184K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007546 | +0.013% | $2.6M | $3.6M | 50x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007543 | −0.027% | $402K | $184K | 50x | as long as short |
Kraken Futures PF_ALTUSD
Gate ALT_USDT
Variational Omni ALT
Injective ALT/USDC PERP
Bybit ALTUSDT
Hyperliquid ALT
Binance ALTUSDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007553 | +0.106% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007533 | −0.159% | $599K | $123K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007546 | +0.013% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | +0.583% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX