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+0.0551%/8h= +60.4% APRpaid last 24h +0.124%
Price spread now: Coinbase International against Variational Omni+0.193%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.193% dearer against Variational Omni than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALT0.007513−0.0103get 0.0052% / 4h59m 27s$4K$12K
ShortCoinbase International ALT-PERP-INTX0.0075280.0448get 0.0056% / 1h59m 27s$14K$3K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$115.76
Price spread: +0.193% → 0.000%
$19.32
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$125.08
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: 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 Variational Omni no order-book sample
Sell Coinbase International no order-book sample
Variational Omni 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
Variational Omni ALTlong−0.0103%4h0.007513long leg$4K$12K
Deribit ALT_USDC-PERPETUAL−0.0015%1h0.007534+0.273%$025xas long as short
Injective ALT/USDC PERP+0.0033%1h0.007381−1.763%$815$4K5.5xas long as short
BloFin ALT-USDT+0.0083%4h0.007522+0.113%$171K$9K50xas long as short
Hyperliquid ALT+0.0100%1h0.007527+0.180%$1.1M$185K3xas long as short
Binance ALTUSDT+0.0100%4h0.007537+0.308%$2.6M$3.6M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007530+0.220%$1.2M$1.6M25xas long as short
Gate ALT_USDT+0.0100%8h0.007521+0.100%$50K$411K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007532+0.246%$401K$183K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007526+0.167%$149K$21K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ALTUSDT+0.0100%4h0.007518+0.060%$618K$100K50xas long as short
BingX ALT-USDT+0.0100%4h0.007529+0.206%$1.3Mas long as short
Kraken Futures PF_ALTUSD+0.0346%1h0.007536+0.305%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTXshort+0.0448%1h0.007528+0.193%$14K$3K50x