Funding you earn now, next payment 07:00 UTC−0.0710%/8h= −77.8% APRnext payment −$0.89 per $10,000 · paid last 24h +0.119%
Price spread now: Kraken Futures against Deribit+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALT_USDC-PERPETUAL | 0.007509 | 0.0283 | pay 0.0035% / 1h | 28m 48s | — | $0 | 25x |
| Short | Kraken Futures PF_ALTUSD | 0.007510 | −0.0427 | pay 0.0053% / 1h | 28m 48s | $44K | $8K | 10x |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- −$149.2
- Price spread: +0.019% → 0.000%
- $1.86
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$164.33
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Kraken Futures: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Deribit and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSDshort | −0.0427% | 1h | 0.007510 | +0.019% | $44K | $8K | 10x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.424% | $837 | $22 | 5.5x | as long as short |
| Variational Omni ALT | +0.0054% | 4h | 0.007494 | −0.197% | $4K | $16K | — | as long as short |
| BloFin ALT-USDT | +0.0093% | 4h | 0.007512 | +0.040% | $168K | $9K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007509 | 0.000% | $1.1M | $139K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007509 | +0.001% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007504 | −0.067% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007503 | −0.080% | $50K | $386K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007510 | +0.013% | $378K | $169K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007507 | −0.027% | $145K | $19K | 30x | as long as short |
Injective ALT/USDC PERP
Variational Omni ALT
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit 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 | 0.007498 | −0.146% | $602K | $131K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007507 | −0.027% | — | $1.3M | — | as long as short |
| Deribit ALT_USDC-PERPETUALlong | +0.0283% | 1h | 0.007509 | long leg | — | $0 | 25x | |
| Coinbase International ALT-PERP-INTX | +0.0424% | 1h | 0.007691 | +2.424% | $14K | $2K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX