Spread before costs (cost unknown: a leg has no order-book sample)−0.374%
7d average—if it closes, per $10,000$37funding while held, a day+$8.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALT-PERP-INTX | 0.007490 | 0.0400 | pay 0.0050% / 1h | 32m 12s | $14K | $2K | 50x |
| Short | Deribit ALT_USDC-PERPETUAL | 0.007462 | 0.0689 | get 0.0086% / 1h | 32m 12s | $0 | $0 | 25x |
Coinbase International ALT-PERP-INTX
Deribit ALT_USDC-PERPETUALPrice 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
- −$37.38
- Funding while held
- $8.67
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$45.71
- Spread needed to break even
- 0.170%
Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0289%
- Per $10,000 a day
- +$8.67
- 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Coinbase International and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapestBitget0.007443+0.840%Bybit0.007446+0.881%Gate0.007446+0.881%BingX0.007447+0.894%Hyperliquid0.007448+0.908%MEXC0.007452+0.962%Binance0.007453+0.975%BloFin0.007454+0.989%Variational Omni0.007455+0.999%KuCoin0.007457+1.030%
Injective
Bitget
Bybit
Gate
BingX
Hyperliquid
MEXC
Binance
BloFin
Variational Omni
KuCoinDeribit0.007462+1.097%
Kraken Futures0.007464+1.125%
Kraken FuturesCoinbase International0.007490+1.477%
ALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | −1.455% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Bitget ALTUSDT | −0.628% | +0.0100% | 4h | $608K | $91K | 50x | as long as short |
| Bybit ALTUSDT | −0.587% | +0.0086% | 4h | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | −0.587% | +0.0100% | 8h | $51K | $399K | 25x | as long as short |
| BingX ALT-USDT | −0.574% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Hyperliquid ALT | −0.561% | +0.0100% | 1h | $1.1M | $190K | 3x | as long as short |
| MEXC ALT_USDT | −0.507% | +0.0100% | 4h | $420K | $193K | 50x | as long as short |
| Binance ALTUSDT | −0.494% | +0.0100% | 4h | $2.6M | $3.4M | 50x | as long as short |
| BloFin ALT-USDT | −0.481% | +0.0059% | 4h | $175K | $10K | 50x | as long as short |
| Variational Omni ALT | −0.470% | −0.0055% | 4h | $4K | $12K | — | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | −0.441% | +0.0100% | 4h | $150K | $22K | 30x | as long as short |
| Deribit ALT_USDC-PERPETUALshort | −0.374% | +0.0689% | 1h | $0 | $0 | 25x | |
| Kraken Futures PF_ALTUSD | −0.347% | +0.1208% | 1h | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTXlong | 0.000% | +0.0400% | 1h | $14K | $2K | 50x |