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

ALT

all ALT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin+0.040%80s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7307.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.040%, 7d avg +0.010%
Together, before fees−0.217%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.029% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALT-USDT0.0075840.0095pay 0.0048% / 4h2h 03m$169K$9K50x
ShortKuCoin ALTUSDTM0.0075870.0100get 0.0050% / 4h2h 03m$146K$19K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$0.97
Price spread: +0.040% → +0.010%
$2.92
Slippage, 4 orders
−$706.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$726.48
Costs to cover
7.304%
Break-even
5237.7 days
Slippage from BloFin: live order book, 11 min ago; KuCoin: live order book, 52 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 BloFin live order book, 11 min ago0.66 bp18.3 bp −$1859.5 bp −$595doesn't fitdoesn't fit
Sell KuCoin live order book, 52 min ago7.88 bp229.2 bp −$229doesn'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−0.0471%1h0.007584+0.001%$44K$8K10xas long as short
Deribit ALT_USDC-PERPETUAL0.0000%1h0.007585+0.013%$025xas long as short
Injective ALT/USDC PERP+0.0033%1h0.007691+1.411%$837$4K5.5xas long as short
Variational Omni ALT+0.0071%4h0.007575−0.116%$4K$16Kas long as short
BloFin ALT-USDTlong+0.0095%4h0.007584long leg$169K$9K50x
Hyperliquid ALT+0.0100%1h0.007579−0.066%$1.1M$140K3xas long as short
Binance ALTUSDT+0.0100%4h0.0075840.000%$2.6M$3.5M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007578−0.079%$1.2M$1.8M25xas long as short
Gate ALT_USDT+0.0100%8h0.007583−0.013%$50K$397K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007583−0.013%$381K$173K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ALTUSDTMshort+0.0100%4h0.007587+0.040%$146K$19K30x
Bitget ALTUSDT+0.0100%4h0.007571−0.171%$608K$131K50xas long as short
BingX ALT-USDT+0.0100%4h0.007582−0.026%$1.3Mas long as short
Coinbase International ALT-PERP-INTX+0.0408%1h0.007691+1.411%$14K$2K50xas long as short