Funding you earn now, next payment 06:00 UTC+0.0375%/8h= +41.1% APRpaid last 24h +0.063%
Price spread now: Binance against Deribit0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALT_USDC-PERPETUAL | 0.007611 | −0.0275 | get 0.0034% / 1h | 53m 04s | — | $0 | 25x |
| Short | Binance ALTUSDT | 0.007611 | 0.0100 | get 0.0050% / 4h | 2h 53m | $2.6M | $3.5M | 50x |
Deribit ALT_USDC-PERPETUAL
Binance ALTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $78.81
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $61.81
- Costs to cover
- 0.170%
- Break-even
- 1.5 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 13 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 1.32 bp | 23.5 bp −$24 | 93.0 bp −$930 | doesn't fit | doesn't fit |
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 | −0.0469% | 1h | 0.007612 | +0.015% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUALlong | −0.0275% | 1h | 0.007611 | long leg | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.051% | $837 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0097% | 4h | 0.007608 | −0.039% | $172K | $9K | 50x | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007598 | −0.169% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007606 | −0.066% | $1.1M | $137K | 3x | as long as short |
| Binance ALTUSDTshort | +0.0100% | 4h | 0.007611 | 0.000% | $2.6M | $3.5M | 50x | |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007606 | −0.066% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007609 | −0.026% | $49K | $370K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007610 | −0.013% | $380K | $170K | 50x | as long as short |
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
BloFin ALT-USDT
Variational Omni ALT
Hyperliquid ALT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007616 | +0.066% | $146K | $22K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007606 | −0.066% | $614K | $127K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007610 | −0.013% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.051% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX