Funding you earn now, next payment 22:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h —
Price spread now: Deribit against Injective+1.477%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 1.477% dearer against Injective than usual: you sell high and buy low (spread +1.477% now, against zero (this spread has no 7-day history yet)): +$148 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALT/USDC PERP | 0.007381 | 0.0033 | pay 0.0004% / 1h | 49m 32s | $815 | $4K | 5.5x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007490 | 0 | get 0.0000% / 1h | 49m 32s | — | $0 | 25x |
Injective ALT/USDC PERP
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$7
- Price spread: +1.477% → 0.000%
- $147.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $133.66
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALTUSDT | −0.0634% | 4h | 0.007478 | +1.314% | $1.2M | $1.6M | 25x | as long as short |
| Variational Omni ALT | −0.0452% | 4h | 0.007475 | +1.267% | $4K | $12K | — | as long as short |
| Deribit ALT_USDC-PERPETUALshort | 0.0000% | 1h | 0.007490 | +1.477% | — | $0 | 25x | |
| Injective ALT/USDC PERPlong | +0.0033% | 1h | 0.007381 | long leg | $815 | $4K | 5.5x | |
| BloFin ALT-USDT | +0.0071% | 4h | 0.007483 | +1.382% | $172K | $9K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007483 | +1.382% | $1.1M | $186K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007487 | +1.432% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007485 | +1.409% | $51K | $414K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007486 | +1.423% | $399K | $195K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007482 | +1.368% | $150K | $21K | 30x | as long as short |
Bybit ALTUSDT
Variational Omni ALT
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007480 | +1.341% | $615K | $102K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007484 | +1.395% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0200% | 1h | 0.007499 | +1.598% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0384% | 1h | 0.007512 | +1.775% | $14K | $2K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX