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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0351%/8h= +38.4% APRnext payment +$0.44 per $10,000 · paid last 24h +0.113%
Price spread now: Coinbase International against Injective+1.775%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 1.775% dearer against Injective than usual: you sell high and buy low: +$177 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ALT/USDC PERP0.0073810.0033pay 0.0004% / 1h51m 17s$815$4K5.5x
ShortCoinbase International ALT-PERP-INTX0.0075120.0384get 0.0048% / 1h51m 17s$14K$2K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$73.64
Price spread: +1.775% → 0.000%
$177.48
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$241.1
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Coinbase International no order-book sample
Injective and 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
Bybit ALTUSDT−0.0731%4h0.007474+1.260%$1.2M$1.6M25xas long as short
Variational Omni ALT−0.0452%4h0.007477+1.300%$4K$12Kas long as short
Deribit ALT_USDC-PERPETUAL−0.0017%1h0.007485+1.409%$025xas long as short
Injective ALT/USDC PERPlong+0.0033%1h0.007381long leg$815$4K5.5x
BloFin ALT-USDT+0.0071%4h0.007483+1.382%$172K$9K50xas long as short
Hyperliquid ALT+0.0100%1h0.007479+1.328%$1.1M$186K3xas long as short
Binance ALTUSDT+0.0100%4h0.007483+1.387%$2.6M$3.5M50xas long as short
Gate ALT_USDT+0.0100%8h0.007482+1.368%$51K$414K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007483+1.382%$399K$194K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007479+1.328%$149K$21K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ALTUSDT+0.0100%4h0.007473+1.246%$615K$102K50xas long as short
BingX ALT-USDT+0.0100%4h0.007479+1.328%$1.3Mas long as short
Kraken Futures PF_ALTUSD+0.0200%1h0.007499+1.594%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTXshort+0.0384%1h0.007512+1.775%$14K$2K50x