Funding you earn now, next payment 09:00 UTC−0.0315%/8h= −34.5% APRpaid last 24h +0.046%
Price spread now: BingX against Deribit−0.053%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.053% cheaper against Deribit than usual: you would sell low and buy high (−$5 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 | Deribit ALT_USDC-PERPETUAL | 0.007522 | 0.0415 | pay 0.0052% / 1h | 45m 38s | — | $0 | 25x |
| Short | BingX ALT-USDT | 0.007518 | 0.0100 | get 0.0050% / 4h | 3h 45m | — | $1.3M | — |
Deribit ALT_USDC-PERPETUAL
BingX ALT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$66.18
- Price spread: −0.053% → 0.000%
- −$5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.5
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: 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 BingX live order book, 13 min ago | 4.66 bp | 24.6 bp −$25 | 60.8 bp −$608 | 541.1 bp −$54.1K | 785.7 bp −$392.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.247% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0099% | 4h | 0.007513 | −0.120% | $168K | $8K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007514 | −0.106% | $1.1M | $135K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007519 | −0.046% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007513 | −0.120% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007514 | −0.106% | $50K | $377K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007516 | −0.080% | $379K | $166K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007519 | −0.040% | $145K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007508 | −0.186% | $601K | $143K | 50x | as long as short |
| BingX ALT-USDTshort | +0.0100% | 4h | 0.007518 | −0.053% | — | $1.3M | — |
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007508 | −0.189% | $4K | $14K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0381% | 1h | 0.007521 | −0.011% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUALlong | +0.0415% | 1h | 0.007522 | long leg | — | $0 | 25x | |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007524 | +0.027% | $13K | $2K | 50x | as long as short |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX