ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.063%

Price spread now: Deribit against Hyperliquid+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ALT	0.007546	0.0100	pay 0.0013% / 1h	16m 17s	$1.1M	$143K	3x
Short	Deribit ALT_USDC-PERPETUAL	0.007547	−0.0015	pay 0.0002% / 1h	16m 17s	—	$0	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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 HyperliquidbpFee DeribitbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$24.14
Price spread: +0.013% → 0.000%: $1.33
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$38.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; 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 Hyperliquid live order book, 4 min ago	1.32 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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
Kraken Futures PF_ALTUSD	−0.0474%	1h	0.007546	−0.003%	$44K	$8K	10x	as long as short
Deribit ALT_USDC-PERPETUALshort	−0.0015%	1h	0.007547	+0.013%	—	$0	25x
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+1.922%	$837	$4K	5.5x	as long as short
Variational Omni ALT	+0.0035%	4h	0.007521	−0.329%	$4K	$16K	—	as long as short
Hyperliquid ALTlong	+0.0100%	1h	0.007546	long leg	$1.1M	$143K	3x
Binance ALTUSDT	+0.0100%	4h	0.007550	+0.047%	$2.6M	$3.5M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007542	−0.053%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007554	+0.106%	$50K	$394K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007553	+0.093%	$379K	$172K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007557	+0.146%	$145K	$19K	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	0.007535	−0.146%	$605K	$132K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007559	+0.172%	—	$1.3M	—	as long as short
BloFin ALT-USDT	+0.0146%	4h	0.007552	+0.080%	$169K	$9K	50x	as long as short
Coinbase International ALT-PERP-INTX	+0.0408%	1h	0.007691	+1.922%	$14K	$3K	50x	as long as short