Funding you earn now, next payment 01:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h —
Price spread now: Deribit against Bitget+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 8 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.119% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALTUSDT | 0.007567 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $608K | $119K | 50x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007576 | 0.0278 | get 0.0035% / 1h | 59m 10s | — | $0 | 25x |
Bitget ALTUSDT
Deribit ALT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- $37.43
- Price spread: +0.119% → 0.000%
- $11.89
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $30.33
- Costs to cover
- 0.190%
- Break-even
- 1.3 days
Slippage unknown: Bitget: live order book, 11 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 Bitget live order book, 11 min ago | 3.98 bp | 27.1 bp −$27 | 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 | −0.0495% | 1h | 0.007575 | +0.107% | $44K | $8K | 10x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.458% | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0041% | 4h | 0.007565 | −0.020% | $5K | $13K | — | as long as short |
| BloFin ALT-USDT | +0.0085% | 4h | 0.007567 | 0.000% | $170K | $10K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007568 | +0.013% | $1.1M | $183K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007574 | +0.093% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007563 | −0.053% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007570 | +0.040% | $52K | $401K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007572 | +0.066% | $403K | $183K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007578 | +0.145% | $150K | $21K | 30x | as long as short |
Kraken Futures PF_ALTUSD
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 ALTUSDTlong | +0.0100% | 4h | 0.007567 | long leg | $608K | $119K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007572 | +0.066% | — | $1.3M | — | as long as short |
| Deribit ALT_USDC-PERPETUALshort | +0.0278% | 1h | 0.007576 | +0.119% | — | $0 | 25x | |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | +0.291% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
Coinbase International ALT-PERP-INTX