Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.062%
Price spread now: Gate against Deribit+0.078%7-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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.078% dearer against Deribit than usual: you sell high and buy low: +$8 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 | 0.007658 | 0 | get 0.0000% / 1h | 18m 00s | — | $0 | 25x |
| Short | Gate ALT_USDT | 0.007664 | 0.0100 | get 0.0100% / 8h | 5h 18m | $50K | $400K | 25x |
Deribit ALT_USDC-PERPETUAL
Gate ALT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $21
- Price spread: +0.078% → 0.000%
- $7.83
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $6.83
- Costs to cover
- 0.220%
- Break-even
- 4.7 days
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 43 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 Gate live order book, 43 min ago | 6.57 bp | 269.9 bp −$270 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUALlong | 0.0000% | 1h | 0.007658 | long leg | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007604 | −0.705% | $827 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0067% | 4h | 0.007661 | +0.039% | $124K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007667 | +0.118% | $1.1M | $193K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007670 | +0.162% | $2.6M | $3.7M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007667 | +0.118% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDTshort | +0.0100% | 8h | 0.007664 | +0.078% | $50K | $400K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007663 | +0.065% | $421K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007665 | +0.091% | $152K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007661 | +0.039% | $606K | $107K | 50x | as long as short |
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007671 | +0.170% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007653 | −0.064% | $4K | $16K | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0440% | 1h | 0.007675 | +0.222% | $14K | $3K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0444% | 1h | 0.007661 | +0.036% | $45K | $8K | 10x | as long as short |
BingX ALT-USDT
Variational Omni ALT
Coinbase International ALT-PERP-INTX
Kraken Futures PF_ALTUSD