ALT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HyperliquidALT	0.006612	−0.3759	get 0.0470% / 1h	19m 49s	$1.3M	$678K	3x	Long Hyperliquid4% off
SHORT	PhemexALTUSDT	0.006611	−0.3345	pay 0.1672% / 4h	3h 19m	$141K	$286K	50x	Short Phemex

Price gap−0.015%

Funding gap+0.0414% /8h

Funding pays +$12 a day on $10k, but the gap is 0.025% under its 7d average: −$2 if it goes back, about 5 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$9+0.0414% /8h now · paid +0.086% over the last 9 hours (all we have)

Price−$2spread −0.015% now, avg +0.009% → −0.025% if it goes back

Costs−$1221.221% of $10k · taker + slippage, in and out

Result−$116−1.16%+ Points / potential airdropHyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.015%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ALT on 13 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size23.7 / 45.4 bp
At $10k entering Phemex costs 45.4 bp, fee and slippage, 1.9× Hyperliquid’s.
Note: Margin at max leverage$3,333 + $200
Hyperliquid 3x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$12.41Long Hyperliquid: 24 payments, +$112.76; short Phemex: 6 payments, −$100.35.
Watch: Gap narrower than usual−0.015% vs +0.009%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$141K vs $1.3M OI
Phemex sets your exit cost. Check its book before closing.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
Watch: KYCHyperliquid No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0791%/8h × 21 periods+$166.17

Price spread−0.015% → +0.009% (7d avg)−$2.45

Slippage, 4 orderslive order books−$101.12

Fee Hyperliquid bp × 2 orders−$9.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k+$41.59

Costs to cover1.221%Break-even5.2 days

Slippage: Hyperliquid: live order book, 7 min ago; Phemex: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid0.7723.7 bp−$24117.0 bp−$1,170doesn’t fitdoesn’t fit

SELL · SHORTPhemex3.8345.4 bp−$45164.2 bp−$1,642doesn’t fitdoesn’t fit

Closing costs about the same again.

ALT news

posts that mention ALT, from every exchangeSearch all news →

10-26 03:39	Phemex	Listing	new market ALTUSDT ($ALT) seen by our collector
09-18 10:04	Deribit	Listing	🚨 Now live on Deribit: MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
09-17 15:30	Deribit	Listing	🚨 More new perpetual futures are coming to Deribit We are pleased to announce that tomorrow, September 18, 2026, at 10:00 AM UTC, Deribit is launching a new lineup of USDC-settled perpetuals. MORPHO · AERO · BASED1 · S · EIGEN · JTO · NIGHT · AVNT · STRK · COMP · ALT · DYDX · OPN · TOWNS · PYTH · RUNE · RESOLV · ATOM Contract details: 🔹Settlement: USDC 🔹All contract details and specifications 🔽 Please note that these newly listed perpetual contracts are subject to our Auto-Deleveraging Mechanism (ADL) and are covered by the Liquidity Support Program (LSP). By trading any of the products listed above, you acknowledge and agree that the terms of ADL and LSP will apply. @DeribitOfficial on X ↗

ALT