Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.063%
Price spread now: Deribit against BingX+0.119%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 pays, funding is against you. Deribit is 0.119% dearer against BingX than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALT-USDT | 0.007553 | 0.0100 | pay 0.0050% / 4h | 2h 14m | — | $1.3M | — |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007562 | 0 | get 0.0000% / 1h | 14m 22s | — | $0 | 25x |
BingX ALT-USDT
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. 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
- −$21
- Price spread: +0.119% → 0.000%
- $11.92
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$26.08
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago | 5.97 bp | 13.4 bp −$13 | 52.7 bp −$527 | 548.6 bp −$54.9K | 753.5 bp −$376.8K |
| 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 | −0.0472% | 1h | 0.007569 | +0.207% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUALshort | 0.0000% | 1h | 0.007562 | +0.119% | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.827% | $837 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0041% | 4h | 0.007540 | −0.175% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007550 | −0.040% | $1.1M | $143K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007557 | +0.050% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007557 | +0.053% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007551 | −0.026% | $50K | $394K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007555 | +0.026% | $379K | $172K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007551 | −0.026% | $145K | $19K | 30x | as long as short |
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
Variational Omni ALT
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 | 0.007549 | −0.053% | $606K | $132K | 50x | as long as short |
| BingX ALT-USDTlong | +0.0100% | 4h | 0.007553 | long leg | — | $1.3M | — | |
| BloFin ALT-USDT | +0.0158% | 4h | 0.007554 | +0.013% | $169K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.827% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX