After costs, if the gap returns to its 7d average, $10k−$840
spread now−0.075%7d average−0.048%fees + slippage, in and out−$837spread needed8.374%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALTUSDT | 0.007470 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $2.6M | $3.4M | 50x |
| Short | Gate ALT_USDT | 0.007464 | 0.0100 | get 0.0100% / 8h | 5h 38m | $51K | $398K | 25x |
Binance ALTUSDT
Gate ALT_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.46
- Funding while held
- $0
- Slippage, 4 orders
- −$812.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$844.82
- Spread needed to break even
- 8.374%
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Binance live order book, 14 min ago | 0.67 bp | 23.4 bp −$23 | 149.7 bp −$1,497 | 9217.7 bp −$921.8K | doesn't fit |
| Sell Gate live order book, 59 min ago | 6.69 bp | 462.2 bp −$462 | doesn't fit | doesn't fit | doesn't fit |
ALT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapestHyperliquid0.007462+1.097%Bybit0.007462+1.097%
Injective
Hyperliquid
BybitGate0.007464+1.125%
BingX0.007467+1.165%Variational Omni0.007468+1.176%MEXC0.007468+1.179%
BingX
Variational Omni
MEXCBinance0.007470+1.200%
Bitget0.007470+1.206%Deribit0.007472+1.233%KuCoin0.007474+1.260%BloFin0.007477+1.301%Kraken Futures0.007480+1.342%Coinbase International0.007490+1.477%
Bitget
Deribit
KuCoin
BloFin
Kraken Futures
Coinbase InternationalALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | −1.186% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Hyperliquid ALT | −0.101% | +0.0100% | 1h | $1.1M | $190K | 3x | as long as short |
| Bybit ALTUSDT | −0.101% | +0.0088% | 4h | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDTshort | −0.075% | +0.0100% | 8h | $51K | $398K | 25x | |
| BingX ALT-USDT | −0.034% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Variational Omni ALT | −0.023% | −0.0055% | 4h | $4K | $12K | — | as long as short |
| MEXC ALT_USDT | −0.021% | +0.0100% | 4h | $421K | $193K | 50x | as long as short |
| Binance ALTUSDTlong | 0.000% | +0.0100% | 4h | $2.6M | $3.4M | 50x | |
| Bitget ALTUSDT | +0.006% | +0.0100% | 4h | $610K | $91K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.033% | −0.0151% | 1h | $0 | $0 | 25x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.059% | +0.0100% | 4h | $151K | $22K | 30x | as long as short |
| BloFin ALT-USDT | +0.099% | +0.0084% | 4h | $175K | $10K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.140% | +0.1206% | 1h | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.274% | +0.0400% | 1h | $14K | $2K | 50x | as long as short |