Spread before costs (cost unknown: a leg has no order-book sample)−0.174%
7d average—if it closes, per $10,000$17funding while held, a day−$26.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALT_USDC-PERPETUAL | 0.007457 | 0.0958 | pay 0.0120% / 1h | 16m 32s | $0 | $0 | 25x |
| Short | Bybit ALTUSDT | 0.007444 | 0.0075 | get 0.0038% / 4h | 1h 16m | $1.2M | $1.6M | 25x |
Deribit ALT_USDC-PERPETUAL
Bybit ALTUSDTPrice 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
- −$17.43
- Funding while held
- −$26.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.92
- Spread needed to break even
- 0.180%
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0883%
- Per $10,000 a day
- −$26.49
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.71 bp | 27.3 bp −$27 | 191.3 bp −$1,913 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapestVariational Omni0.007421+0.539%Bitget0.007430+0.664%BloFin0.007438+0.772%Hyperliquid0.007443+0.840%
Injective
Variational Omni
Bitget
BloFin
HyperliquidBybit0.007444+0.854%
BingX0.007444+0.854%Gate0.007446+0.881%Binance0.007446+0.886%KuCoin0.007447+0.894%MEXC0.007448+0.908%Kraken Futures0.007452+0.967%
BingX
Gate
Binance
KuCoin
MEXC
Kraken FuturesDeribit0.007457+1.030%
Coinbase International0.007490+1.477%
Coinbase InternationalALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | −1.019% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALT | −0.486% | −0.0097% | 4h | $4K | $12K | — | as long as short |
| Bitget ALTUSDT | −0.362% | +0.0100% | 4h | $606K | $91K | 50x | as long as short |
| BloFin ALT-USDT | −0.255% | +0.0078% | 4h | $175K | $9K | 50x | as long as short |
| Hyperliquid ALT | −0.188% | +0.0100% | 1h | $1.1M | $190K | 3x | as long as short |
| Bybit ALTUSDTshort | −0.174% | +0.0075% | 4h | $1.2M | $1.6M | 25x | |
| BingX ALT-USDT | −0.174% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Gate ALT_USDT | −0.148% | +0.0100% | 8h | $51K | $402K | 25x | as long as short |
| Binance ALTUSDT | −0.142% | +0.0100% | 4h | $2.6M | $3.4M | 50x | as long as short |
| KuCoin ALTUSDTM | −0.134% | +0.0100% | 4h | $150K | $22K | 30x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ALT_USDT | −0.121% | +0.0100% | 4h | $418K | $194K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | −0.062% | +0.1210% | 1h | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUALlong | 0.000% | +0.0958% | 1h | $0 | $0 | 25x | |
| Coinbase International ALT-PERP-INTX | +0.443% | +0.0400% | 1h | $14K | $2K | 50x | as long as short |