ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0849%/8h= −92.9% APRnext payment −$1.06 per $10,000 · paid last 24h −0.037%

Price spread now: Kraken Futures against Coinbase International−1.711%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (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 against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 1.711% cheaper against Coinbase International than usual: you would sell low and buy high (−$171 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ALT-PERP-INTX	0.007691	0.0424	pay 0.0053% / 1h	49m 46s	$14K	$2K	50x
Short	Kraken Futures PF_ALTUSD	0.007559	−0.0425	pay 0.0053% / 1h	49m 46s	$44K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −1.711%Rate

Funding earned: −$178.23
Price spread: −1.711% → 0.000%: −$171.13
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$369.36
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Coinbase International and Kraken Futures: 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_ALTUSDshort	−0.0425%	1h	0.007559	−1.711%	$44K	$8K	10x
Deribit ALT_USDC-PERPETUAL	−0.0015%	1h	0.007559	−1.716%	—	$0	25x	as long as short
Variational Omni ALT	+0.0017%	4h	0.007540	−1.967%	$4K	$16K	—	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	0.000%	$837	$22	5.5x	as long as short
BloFin ALT-USDT	+0.0084%	4h	0.007541	−1.950%	$169K	$9K	50x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007552	−1.807%	$1.1M	$138K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007561	−1.696%	$2.6M	$3.4M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007552	−1.807%	$1.2M	$1.8M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007545	−1.898%	$50K	$382K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007559	−1.716%	$380K	$168K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ALTUSDTM	+0.0100%	4h	0.007560	−1.703%	$146K	$19K	30x	as long as short
Bitget ALTUSDT	+0.0100%	4h	0.007552	−1.807%	$606K	$129K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007554	−1.781%	—	$1.3M	—	as long as short
Coinbase International ALT-PERP-INTXlong	+0.0424%	1h	0.007691	long leg	$14K	$2K	50x