Settings8H · net · $10k
Funding arb · Price arb /

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.150%
Price spread now: Injective against Deribit+1.652%63s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 2 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.652% dearer against Deribit than usual: you sell high and buy low: +$165 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ALT_USDC-PERPETUAL0.0075660.0014pay 0.0002% / 1h1m 49s$025x
ShortInjective ALT/USDC PERP0.0076910.0033get 0.0004% / 1h1m 49s$837$225.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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

Funding earned
$3.97
Price spread: +1.652% → 0.000%
$165.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$162.17
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Injective no order-book sample
Deribit and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALT_USDC-PERPETUALlong+0.0014%1h0.007566long leg$025x
Injective ALT/USDC PERPshort+0.0033%1h0.007691+1.652%$837$225.5x
Hyperliquid ALT+0.0100%1h0.007561−0.066%$1.1M$131K3xas long as short
Binance ALTUSDT+0.0100%4h0.007567+0.013%$2.6M$3.4M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007558−0.106%$1.2M$1.7M25xas long as short
Gate ALT_USDT+0.0100%8h0.007560−0.079%$51K$383K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007565−0.013%$390K$174K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007570+0.053%$147K$20K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007556−0.132%$603K$147K50xas long as short
BingX ALT-USDT+0.0100%4h0.007563−0.040%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALT+0.0100%4h0.007564−0.023%$4K$14Kas long as short
BloFin ALT-USDT+0.0157%4h0.007569+0.040%$169K$6K50xas long as short
Kraken Futures PF_ALTUSD+0.0379%1h0.007566+0.001%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0576%1h0.007580+0.185%$14K$2K50xas long as short