Settings8H · net · $10k
Funding arb · Price arb /

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$598as in the Price arb table
costs, in and out, $10k−$5995.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now 0.000%, 7d avg −0.010%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALT-USDT0.0075690.0100pay 0.0050% / 4h3h 12m$1.3M
ShortGate ALT_USDT0.0075690.0100get 0.0100% / 8h7h 12m$51K$409K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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

Funding earned
$0
Price spread: 0.000% → −0.010%
$1.02
Slippage, 4 orders
−$573.73
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$597.72
Costs to cover
5.987%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago1.32 bp17.8 bp −$1857.5 bp −$575520.1 bp −$52.0K728.0 bp −$364.0K
Sell Gate live order book, 58 min ago7.96 bp287.3 bp −$287doesn't fitdoesn't fitdoesn't fit

ALT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALTUSD−0.0495%1h0.007577+0.101%$44K$8K10xas long as short
Deribit ALT_USDC-PERPETUAL0.0000%1h0.007574+0.066%$025xas long as short
Injective ALT/USDC PERP+0.0033%1h0.007381−2.484%$815$4K5.5xas long as short
Variational Omni ALT+0.0037%4h0.007553−0.207%$5K$13Kas long as short
Hyperliquid ALT+0.0100%1h0.007568−0.013%$1.1M$179K3xas long as short
Binance ALTUSDT+0.0100%4h0.007572+0.040%$2.6M$3.6M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007567−0.026%$1.2M$1.6M25xas long as short
Gate ALT_USDTshort+0.0100%8h0.0075690.000%$51K$409K25x
MEXC ALT_USDT+0.0100%4h0.007574+0.066%$417K$187K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007579+0.132%$149K$21K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ALTUSDT+0.0100%4h0.007564−0.066%$601K$124K50xas long as short
BingX ALT-USDTlong+0.0100%4h0.007569long leg$1.3M
BloFin ALT-USDT+0.0126%4h0.007577+0.106%$173K$10K50xas long as short
Coinbase International ALT-PERP-INTX+0.0392%1h0.007589+0.264%$14K$3K50xas long as short