Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005235 | +0.0100 | pay 0.0050% / 4h | 3h 43m | $1.2M | $435K | 50x | Long Phemex | |
| SHORT | 0.005257 | +0.0100 | get 0.0050% / 4h | 3h 43m | $1.9M | $1.7M | 25x | Short Bybit |
Price gap+0.420%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$38 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$140.0000% /8h now · paid −0.145% over the last 7D
Price+$38spread +0.420% now, avg +0.045% → +0.375% if it goes back
Costs−$1391.385% of $10k · taker + slippage, in and out
Result−$116−1.16%no points
Price and funding
1h · historyEntry / 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+0.420%
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
/8hALT on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size44.9 / 28.9 bpAt $10k entering Phemex costs 44.9 bp, fee and slippage, 1.6× Bybit’s.
- Note: Margin at max leverage$200 + $400Phemex 50x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Phemex: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you+0.420% vs +0.045%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.2M vs $1.9M OIBoth legs are deep; Phemex is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · Bybit YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0069%/8h × 21 periods−$14.47
Price spread+0.420% → +0.045% (7d avg)+$37.51
Slippage, 4 orderslive order books−$115.54
Fee Phemex bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$115.51
Costs to cover1.385%Break-evennever at this rate
Slippage: Phemex: live order book, 5 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex5.7344.9 bp−$45155.7 bp−$1,557doesn’t fitdoesn’t fit
SELL · SHORTBybit2.8528.9 bp−$29234.7 bp−$2,347doesn’t fitdoesn’t fit
Closing costs about the same again.
ALT news
posts that mention ALT, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-26 03:39 | Phemex | Listing | new market ALTUSDT ($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 ↗ |
Binance
Deribit