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

ALT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against KuCoin−0.013%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$762as in the Funding arb table
Net, price: spread back to 7d avg − costs−$761as in the Price arb table
costs, in and out, $10k−$7617.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.760%+$76 · spread now −0.013%, 7d avg −0.013%
Together, before fees+0.753%+$75 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALTUSDTM0.0075550.0100pay 0.0050% / 4h3h 19m$147K$20K30x
ShortBloFin ALT-USDT0.0075540.0090get 0.0045% / 4h3h 19m$169K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
−$2.1
Price spread: −0.013% → −0.013%
−$0.03
Slippage, 4 orders
−$737.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$763.26
Costs to cover
7.611%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago9.93 bp463.8 bp −$464doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 46 min ago2.00 bp15.5 bp −$1652.1 bp −$521doesn't fitdoesn't fit

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
Injective ALT/USDC PERP+0.0033%1h0.007691+1.800%$837$225.5xas long as short
BloFin ALT-USDTshort+0.0090%4h0.007554−0.013%$169K$9K50x
Hyperliquid ALT+0.0100%1h0.007547−0.106%$1.1M$132K3xas long as short
Binance ALTUSDT+0.0100%4h0.007551−0.048%$2.6M$3.5M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007541−0.185%$1.2M$1.7M25xas long as short
Gate ALT_USDT+0.0100%8h0.007542−0.172%$50K$382K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007551−0.053%$382K$170K50xas long as short
KuCoin ALTUSDTMlong+0.0100%4h0.007555long leg$147K$20K30x
Bitget ALTUSDT+0.0100%4h0.007538−0.225%$602K$147K50xas long as short
BingX ALT-USDT+0.0100%4h0.007547−0.106%$1.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ALT+0.0100%4h0.007543−0.153%$4K$14Kas long as short
Deribit ALT_USDC-PERPETUAL+0.0147%1h0.007554−0.013%$025xas long as short
Kraken Futures PF_ALTUSD+0.0380%1h0.007552−0.039%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0576%1h0.007560+0.066%$13K$2K50xas long as short