Spread before costs (cost unknown: a leg has no order-book sample)−0.491%
7d average—if it closes, per $10,000$49funding while held, a day−$10.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALT-PERP-INTX | 0.007540 | 0.0456 | pay 0.0057% / 1h | 33m 19s | $14K | $2K | 50x |
| Short | Hyperliquid ALT | 0.007503 | 0.0100 | get 0.0013% / 1h | 33m 19s | $1.1M | $201K | 3x |
Coinbase International ALT-PERP-INTX
Hyperliquid ALTPrice 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
- −$49.07
- Funding while held
- −$10.68
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$78.75
- Spread needed to break even
- 0.190%
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0356%
- Per $10,000 a day
- −$10.68
- 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 Hyperliquid live order book, 8 min ago | 5.33 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.Injective0.007381cheapestGate0.007497+1.572%Bybit0.007501+1.626%
Injective
Gate
BybitHyperliquid0.007503+1.653%
BingX0.007505+1.680%MEXC0.007506+1.694%Binance0.007508+1.720%KuCoin0.007508+1.721%Deribit0.007508+1.721%Bitget0.007509+1.734%Variational Omni0.007515+1.818%Kraken Futures0.007517+1.845%BloFin0.007518+1.856%
BingX
MEXC
Binance
KuCoin
Deribit
Bitget
Variational Omni
Kraken Futures
BloFinCoinbase International0.007540+2.154%
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 | −2.109% | +0.0033% | 1h | $815 | $29K | 5.5x | as long as short |
| Gate ALT_USDT | −0.570% | +0.0100% | 8h | $52K | $358K | 25x | as long as short |
| Bybit ALTUSDT | −0.517% | +0.0100% | 4h | $1.2M | $1.5M | 25x | as long as short |
| Hyperliquid ALTshort | −0.491% | +0.0100% | 1h | $1.1M | $201K | 3x | |
| BingX ALT-USDT | −0.464% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| MEXC ALT_USDT | −0.451% | +0.0100% | 4h | $452K | $202K | 50x | as long as short |
| Binance ALTUSDT | −0.425% | +0.0100% | 4h | $2.6M | $3.3M | 50x | as long as short |
| KuCoin ALTUSDTM | −0.424% | +0.0100% | 4h | $153K | $22K | 30x | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.424% | 0.0000% | 1h | — | — | 25x | as long as short |
| Bitget ALTUSDT | −0.411% | +0.0100% | 4h | $613K | $96K | 50x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.329% | −0.0051% | 4h | $4K | $12K | — | as long as short |
| Kraken Futures PF_ALTUSD | −0.303% | +0.0595% | 1h | $45K | $5K | 10x | as long as short |
| BloFin ALT-USDT | −0.292% | +0.0129% | 4h | $173K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTXlong | 0.000% | +0.0456% | 1h | $14K | $2K | 50x |