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

ALT

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h −0.139%
Price spread now: Deribit against Injective−3.212%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 3.212% cheaper against Injective than usual: you would sell low and buy high (−$321 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ALT/USDC PERP0.0076910.0033pay 0.0004% / 1h28m 51s$837$225.5x
ShortDeribit ALT_USDC-PERPETUAL0.0074440get 0.0000% / 1h28m 51s$025x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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
−$7
Price spread: −3.212% → 0.000%
−$321.15
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$335.17
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample
Sell Deribit no order-book sample
Injective and 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 exchanges

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-PERPETUALshort0.0000%1h0.007444−3.212%$025x
Injective ALT/USDC PERPlong+0.0033%1h0.007691long leg$837$225.5x
Hyperliquid ALT+0.0100%1h0.007438−3.290%$1.1M$123K3xas long as short
Binance ALTUSDT+0.0100%4h0.007442−3.242%$2.6M$3.3M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007436−3.316%$1.2M$1.7M25xas long as short
Gate ALT_USDT+0.0100%8h0.007438−3.290%$49K$368K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007443−3.225%$370K$168K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007451−3.121%$145K$18K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007428−3.420%$592K$145K50xas long as short
BingX ALT-USDT+0.0100%4h0.007435−3.329%$1.3Mas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALT+0.0100%4h0.007439−3.280%$4K$9Kas long as short
BloFin ALT-USDT+0.0148%4h0.007451−3.121%$170K$6K50xas long as short
Kraken Futures PF_ALTUSD+0.0336%1h0.007448−3.166%$45K$10K10xas long as short
Coinbase International ALT-PERP-INTX+0.0560%1h0.007580−1.443%$14K$2K50xas long as short