ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against BloFin−0.013%81s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$810.810% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.013%, 7d avg −0.005%

Together, before fees−0.194%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 81 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	BloFin ALT-USDT	0.007596	0.0084	pay 0.0042% / 4h	3h 23m	$173K	$10K	50x
Short	Binance ALTUSDT	0.007595	0.0100	get 0.0050% / 4h	3h 23m	$2.6M	$3.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.013%Rate

Funding earned: $3.4
Price spread: −0.013% → −0.005%: −$0.86
Slippage, 4 orders: −$58.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$78.44
Costs to cover: 0.810%
Break-even: 168.5 days

Slippage from BloFin: live order book, 66 min ago; Binance: live order book, 12 min ago.

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 BloFin live order book, 66 min ago	2.63 bp	22.5 bp −$22	67.9 bp −$679	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.97 bp	23.0 bp −$23	91.6 bp −$916	doesn't fit	doesn't fit

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
Deribit ALT_USDC-PERPETUAL	−0.0408%	1h	0.007596	0.000%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+1.251%	$837	$4K	5.5x	as long as short
Kraken Futures PF_ALTUSD	+0.0042%	1h	0.007594	−0.023%	$44K	$8K	10x	as long as short
BloFin ALT-USDTlong	+0.0084%	4h	0.007596	long leg	$173K	$10K	50x
Hyperliquid ALT	+0.0100%	1h	0.007592	−0.053%	$1.1M	$145K	3x	as long as short
Binance ALTUSDTshort	+0.0100%	4h	0.007595	−0.013%	$2.6M	$3.6M	50x
Bybit ALTUSDT	+0.0100%	4h	0.007589	−0.092%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007591	−0.066%	$49K	$382K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007596	0.000%	$386K	$179K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007599	+0.039%	$147K	$21K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007592	−0.053%	$613K	$126K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007593	−0.039%	—	$1.3M	—	as long as short
Variational Omni ALT	+0.0100%	4h	0.007594	−0.032%	$4K	$16K	—	as long as short
Coinbase International ALT-PERP-INTX	+0.0488%	1h	0.007691	+1.251%	$14K	$3K	50x	as long as short