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

ALT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.063%
Price spread now: Deribit against KuCoin−0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALTUSDTM0.0076250.0100pay 0.0050% / 4h3h 48m$150K$20K30x
ShortDeribit ALT_USDC-PERPETUAL0.0076240get 0.0000% / 1h48m 07s$025x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.013% → 0.000%
−$1.31
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.31
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 16 min ago; 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 KuCoin live order book, 16 min ago9.81 bp225.8 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALT_USDC-PERPETUALshort0.0000%1h0.007624−0.013%$025x
Injective ALT/USDC PERP+0.0033%1h0.007691+0.866%$837$4K5.5xas long as short
Kraken Futures PF_ALTUSD+0.0042%1h0.007622−0.043%$45K$8K10xas long as short
Hyperliquid ALT+0.0100%1h0.007615−0.131%$1.1M$148K3xas long as short
Binance ALTUSDT+0.0100%4h0.007622−0.033%$2.7M$3.7M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007617−0.105%$1.2M$1.9M25xas long as short
Gate ALT_USDT+0.0100%8h0.007626+0.013%$50K$378K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007621−0.052%$386K$177K50xas long as short
KuCoin ALTUSDTMlong+0.0100%4h0.007625long leg$150K$20K30x
Bitget ALTUSDT+0.0100%4h0.007622−0.039%$614K$127K50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ALT-USDT+0.0100%4h0.007620−0.066%$1.3Mas long as short
Variational Omni ALT+0.0100%4h0.007625+0.002%$4K$16Kas long as short
BloFin ALT-USDT+0.0148%4h0.007631+0.079%$174K$11K50xas long as short
Coinbase International ALT-PERP-INTX+0.0488%1h0.007691+0.866%$14K$3K50xas long as short