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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h +0.109%
Price spread now: Coinbase International against Hyperliquid+0.160%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.160% dearer against Hyperliquid than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ALT0.0074860.0100pay 0.0013% / 1h41m 49s$1.1M$185K3x
ShortCoinbase International ALT-PERP-INTX0.0074980.0448get 0.0056% / 1h41m 49s$14K$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. 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
$73.08
Price spread: +0.160% → 0.000%
$16.03
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$70.11
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: Hyperliquid: live order book, 8 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago3.35 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALT−0.0255%4h0.007470−0.210%$4K$12Kas long as short
Bybit ALTUSDT−0.0009%4h0.007484−0.027%$1.2M$1.6M25xas long as short
Deribit ALT_USDC-PERPETUAL0.0000%1h0.007490+0.053%$025xas long as short
Injective ALT/USDC PERP+0.0033%1h0.007381−1.403%$815$4K5.5xas long as short
Hyperliquid ALTlong+0.0100%1h0.007486long leg$1.1M$185K3x
Binance ALTUSDT+0.0100%4h0.007491+0.069%$2.6M$3.5M50xas long as short
Gate ALT_USDT+0.0100%8h0.007477−0.120%$51K$412K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007492+0.080%$389K$188K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.0074860.000%$149K$21K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007478−0.107%$614K$99K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ALT-USDT+0.0100%4h0.007485−0.013%$1.3Mas long as short
BloFin ALT-USDT+0.0157%4h0.007480−0.080%$172K$9K50xas long as short
Kraken Futures PF_ALTUSD+0.0348%1h0.007491+0.063%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTXshort+0.0448%1h0.007498+0.160%$14K$3K50x