Funding you earn now, next payment 04:00 UTC+0.0706%/8h= +77.3% APRpaid last 24h −0.063%
Price spread now: Deribit against Gate+0.132%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 +$21 a day on $10k at the current rate, and Deribit is 0.132% dearer against Gate than usual: you sell high and buy low: +$13 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 | Gate ALT_USDT | 0.007575 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $51K | $410K | 25x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007585 | 0.0806 | get 0.0101% / 1h | 31m 10s | — | $0 | 25x |
Gate ALT_USDT
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- $148.22
- Price spread: +0.132% → 0.000%
- $13.2
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $139.43
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: Gate: live order book, 24 min ago; Deribit: no order-book sample. 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 Gate live order book, 24 min ago | 5.25 bp | 529.3 bp −$529 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALT | +0.0100% | 1h | 0.007576 | +0.013% | $1.1M | $198K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007583 | +0.106% | $2.6M | $3.8M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007566 | −0.119% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDTlong | +0.0100% | 8h | 0.007575 | long leg | $51K | $410K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007580 | +0.066% | $384K | $186K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007575 | 0.000% | $150K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007568 | −0.092% | $595K | $112K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007570 | −0.066% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007488 | −1.153% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0123% | 4h | 0.007582 | +0.092% | $173K | $10K | 50x | as long as short |
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | +0.0315% | 1h | 0.007579 | +0.049% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007581 | +0.079% | $14K | $3K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUALshort | +0.0806% | 1h | 0.007585 | +0.132% | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +1.531% | $837 | $4K | 5.5x | as long as short |
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP